Course unit titles

Islamic Bank Management

Course unit code

MNK167

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)

  1. Atina Shofawati, Dr, SE., M.Sc.
  2. Bayu Arie Fianto, SE, MBA, Ph.D
  3. Imron Mawardi, Dr., SP., M.Sc.
  4. Nisful Laila, Dr, SE, M.Com

Learning outcomes of the course unit

The learning achievement of this course is that students are able to demonstrate related to understanding and behavior in Islamic bank operations accompanied by understanding from international journals through a journal review process and class discussion. Students are able to complete group and individual assignments related to Islamic banking and the current issues that accompany it.

Mode of delivery (face-to-face, distance learning)

face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

---

Course content

The Islamic Bank Management course covers basic understanding, operational systems, and current issues related to Islamic banks. After taking this course, students are expected to be able to know the operational system of Islamic banks and have knowledge related to the latest issues of Islamic banking from international journals.

Recommended or required

reading and other learning resources/tools

1.  Iqbal, M and Molyneoux, P. 2005. “Thirty Years of Islamic Banking : History, Performance and Prospect” New York : Palgrave MacMillan

2.  Hassan,M.K and Lewis,M.K. 2007. “Handbook of Islamic Banking”. Cheltenham : Elgar Original Reference

3.  Zainul Arifin, “Dasar-dasar Manajemen Bank Islam”

4.  Muhammad, “Manajemen dana Bank Islam”

5.  Journals:

·  Abbas J. Ali & David Weir (2005) Islamic Perspectives on Management and Organization,  Journal of Management, Spirituality & Religion, 2:3

·  Chong, B. S., & Liu, M. H. (2009). Islamic banking: interest-free or interest-based? Pacific-Basin Finance Journal, 17(1), 125-144.

·      Arbouna, M. B. (2007). The combination of contracts in Shariah: A possible mechanism for product development in Islamic banking and finance. Thunderbird International Business Review, 49(3), 341-369.

·      Al-Salem, F. H. (2009). Islamic financial product innovation. International Journal of Islamic and Middle Eastern Finance and Management, 2(3), 187-200.

·      Iqbal, Z. (1999). Financial engineering in Islamic finance. Thunderbird International Business Review, 41(4‐5), 541-559.

·      Erwin G. Hutapea Rahmatina A. Kasri, (2010),"Bank margin determination: a comparison between Islamic and conventional banks in Indonesia", International Journal of Islamic and Middle Eastern Finance and Management, Vol. 3 Iss 1 pp. 65 – 82

·      Jobst, A. A. (2005). What is structured finance. An Analysis of Derivatives, Securitization and Islamic.

·      El Qorchi, M. (2005). Islamic finance gears up. Finance and Development, 42(4), 46.

·      El-Gamal, M. A. (2007). Incoherence of contract-based Islamic financial jurisprudence in the age of financial engineering. Wis. Int'l LJ, 25, 605.

·      Tomkins, C., & Karim, R. A. A. (1987). The Shariah and its Implications for Islamic Financial Analysis: An Opportunity to Study Interactions among Society, Organisations and Accounting. The American Journal of Islamic Social Sciences, 4(1).

·      Syafri Harahap, S. (2003). The disclosure of Islamic values-annual report. The analysis of Bank Muamalat Indonesia's annual report. Managerial Finance, 29(7), 70-89.

·      Akhtar, M. F., Ali, K., & Sadaqat, S. (2011). Liquidity risk management: a comparative study between conventional and Islamic banks of Pakistan. Interdisciplinary Journal of Research in Business, 1(1), 35-44.

·      Ismal, R. (2010). Assessment of liquidity management in Islamic banking industry. International Journal of Islamic and Middle Eastern Finance and Management, 3(2), 147-167.

·      Hassan, A. (2009). Risk management practices of Islamic banks of Brunei Darussalam. The Journal of Risk Finance, 10(1), 23-37.

·      Bruce Zagaris, (2007) "Problems applying traditional anti‐money laundering procedures to non‐financial transactions, “parallel banking systems” and Islamic financial systems", Journal of Money Laundering Control, Vol. 10 Iss: 2, pp.157 – 169

·      de Goede M, 2003, "Hawala discourses and the war on terrorist finance" Environment and Planning D: Society and Space 21(5) 513 – 532

·      Loghod, H. A. (2010). Do Islamic Banks Perform Better than Conventional Banks? Evidence from Gulf Cooperation Council countries. Journal of Management, 7(3), 56-72.

·      Abdul-Majid, M., Saal, D. S., & Battisti, G. (2010). Efficiency in Islamic and conventional banking: an international comparison. Journal of Productivity Analysis, 34(1), 25-43.

·      Darmadi, S. Corporate Governance Disclosure in the Annual Report. An Explanatory Study on Bahasa Islamic Banks. Humanomics, 29 (1), 4-23

6.  M.Syafi’i Antonio,”Bank Islam, dari Teori ke Praktek”

7.  Adiwarman Karim, ”Bank Islam”

8.  Muhammad,”Teknik Perhitungan Bagi Hasil dan Profit Margin pada Bank Islam”

Planned learning activities and teaching methods

Lecture

Language of instructions

Bahasa, English

Assessment methods and criteria

  • Post test 
  • Participation in class discussions