Islamic Risk Management Course unit titles Islamic Risk Management Course unit code MNK621 Type of course unit (compulsory, optional) Optional Level of course units (according to EQF: first cycle Bachelor, second cycle Master) Master Program of Islamic Economics Year of study when the course unit is delivered (if applicable) Second year Semester/trimester when the course unit is delivered 3rd semester Number of ECTS credits allocated 3 credits (4.8 ECTS) Name of lecturer(s) Imron Mawardi, SP, MSi Leo Herlambang, Se.,MM DR. M. Nafik HR, SE, MSi Learning outcomes of the course unit After finishing the course, students are expected to be able to discuss risks and uncertainties from an Islamic perspective and design certain risks from a sharia perspective. Mode of delivery (face-to-face, distance learning) face-to-face, distance learning Prerequisites and co-requisites (if applicable) Fiqh Muamalah Islamic Financial Management Course content Islamic risk management course discusses the concept of risk in Islam, risk and return, risk management processes, risk identification techniques, predicting the possibility of risk occurrence, knowing the impact of risk (value at risk), risk management, diversification, risk in non-financial companies, risk on the Capital Market, Risks on Takaful (Islamic Insurance), Risks on Islamic Banks Recommended or required reading and other learning resources/tools 1. Tariqullah Khan & Habib Ahmed, Risk Management, Islamic Research and Training Institute (IRTI)- Islamic Development Bank, Jeddah, 2001 (TH) 2. Mamduh M. Hanafi, Manajemen Risiko, UPP STIM YKPN, Yogyakarta, 2006 (MM) 3. Muhammad Syakir Sula, Asuransi Syariah, Gema Insani, Jakarta, 2004. (MS) A.M. Hasan Ali, Asuransi dalam Perspektif Hukum Planned learning activities and teaching methods Lectures, Lectures, Practice Questions Language of instructions Bahasa, English Assessment methods and criteria Assignments, UTS, UAS