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Documenti di Professioni
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AL-TADQIQ AL SHARIE
2.
COURSE CODE
MGA3033
3.
NURAZALIA ZAKARIA
4.
5.
Face to face:
6.
L
28
T
28
O
3
7.
CREDIT VALUE
8.
nil
1.
2.
9.
OBJECTIVES
3.
10.
LEARNING OUTCOMES
11.
12.
TRANSFERABLE SKILLS
TEACHING-LEARNING AND
ASSESSMENT STRATEGY
Formative
Summative
13.
SYNOPSIS
This course caters the aspects of auditing in the Islamic Financial Institutions (IFIs)
including Islamic banks, Shariah-compliant fund management companies and
takaful companies. This includes the needs for Shariah Compliance risk
management in Islamic financial institutions in form of Shariah compliance audit
practices. To begin with, students will be introduced to the relevant regulators and
authorities in Shariah auditing environment. This course also discusses the roles
14.
MODE OF DELIVERY
%
10%
10%
20%
10%
50%
100
16.
Corporate
Governance:
Islamic
Perspectives
Principles for Shariah Compliant
Shariah Governing Bodies
Shariah Governance Framework for
IFIs
Shariah Committee Report
Risk Management Strategies
Risk Mitigation
Shariah review and audit
Audit Planning
Audit Scope
Audit Report
Financial Reporting in IFIs
Presentations
TOTAL
0.5
2
2
2
2
0.5
0.5
0.5
2
2
2
2
2
2
2
2
4
2
2
2
2
2
2
2
2
4
28
28
2
3
2
0.5
0.5
1
2
1
1
2
0.5
0.5
0.5
0.5
0.5
1
1
0.5
5
TOTAL SLT
Self-study
Assignment
SELF-STUDY
Practical/SCL
Exam
Tutorial
Topics
Lecture
FACE TO FACE
Library search
15.
Component
Continuous Assessment
Group article review
Mid Term Test
Group Project Paper
Presentations
Final examination
Total
3
3
3
10
8
11
3
3
3
3
3
3
3
3
3
8
10
7
7
7
9
8
9.5
9
8.5
16
44
120
Textbook:
1. Mustafa Mohd Hanefah, Zurina Shafii, Supiah Salleh & Nurazalia Zakaria,
2012, Governance and Shariah Audit in Islamic Financial Institutions,
Penerbit USIM.
17
References
Other references
2. Bank Negara Malaysia, 2010, Shariah Governance Framework for Islamic
Financial Institutions, BNM, Kuala Lumpur.
3. Abdul Rahim, 2008. Shariah Audit for Islamic Financial Services: The
needs and challenges paper presented at ISRA Islamic Finance Seminar
Mandarin Hotel, Kuala Lumpur
4. Syed Alwi Mohamed Sultan, 2007, Shariah Audit for Islamic Financial
Institutions A Primer, CERT Publications.
5. Engku Rabiah Adawiah 2007, Shariah Framework for Shariah Compliance
Review, Audit & Governance Workshop on Shariah Review, Audit and
Governance
for
Islamic
Financial Institutions, Kuala Lumpur 30-31 January 2007.
6. Shahul Hameed, Ratna Mulyany 2007, Shariah Audit for Islamic Financial
Institutions (IFIs): Perceptions of Accounting Academicians, Audit
Practitioners and Shariah ScholarsPaper presented at the IIUM
Accounting Conference, Gombak
Foundations
of
Islamic teaching
Philosophies
of
Islamic economy
Principles
of
Muamalat
Primary
and
secondary sources of Shariah
Main
rules
of
Shariah in Fiqh Muamalat
Shariah Governing Bodies
Roles
and
responsibilities of local and
international regulatory bodies
of Islamic Financial Institutions.
Shariah
governance
framework of Bank Negara
Malaysia and Islamic Financial
Services Board.
Governance standards
issued by AAOIFI.
Contact
hours
(week)
1.
4
(1)
2.
3.
1.
2.
4
(2)
3.
4.
5.
1.
2.
4
(3)
3.
CLO
LO1
KI
C3
Assessment
Tasks
o Lecture
o Active reading &
presentation
W2: Grais & Pellegrini
(Corp Gov & Shariah
Compliance)
Feedback on
active reading
o Lecture
o Active reading &
presentation
Feedback on
group discussion
LO6
LO5
LO5
LO1
EM2
TS3
TS3
C3
W3: Discussion of
products offered by
Islamic banks utilising fiqh
muamalat principles
o Lecture
o Active reading &
presentation
Feedback on
active reading &
presentation
Article
review(w3):
Asyraf Wajdi
(CG &
Stakeholder
mgmt: Islamic
perspective)
Interrelationships
among the important organs of
the
Shariah
Governance
Framework
Shariah Committee Report
Purpose and content of Shariah
Committee Report
Improvements in content of the
Shariah Committee Report by Bank
Negara Malaysia
Similarities and differences of the
reporting requirements of Bank
Negara Malaysia and AAOIFI on
Shariah Committee Report
Risk Management Strategies & Risk
Mitigation
Risk
management
techniques
Shariah review and audit
Area of responsibilities of
1.
2.
4
(4)
3.
1.
2.
4
(5)
3.
1.
2.
4
(6)
3.
4.
o Lecture
o Active reading &
presentation
LO1
C3
o Lecture
o Active reading &
presentation
LO1
Feedback on
active reading &
presentation
C3
o Lecture
o Active reading &
presentation
LO1
LO6
Feedback on
active reading &
presentation
C3
EM2
Feedback on
active reading &
presentation
4
(7)
1.
2.
3.
LO5
LO1
TS3
C3
o Lecture
o Active reading &
presentation
W8: Nurazalia & Zurina
(2011) (Comparative
analysis of Shariah review
Feedback on
active reading &
presentation
Audit Planning
Materiality
indicator
in
Shariah audit practice
Audit Scope
Audit Report
Similarities and
differences in the content of audit
report in accordance to BNM and
AAOIFI
& audit)
1.
8
(8-9)
2.
3.
o Lecture
o Active reading &
presentation
LO5
LO1
TS3
C3
Feedback on
active reading &
presentation
1.
2.
4
(10)
3.
1.
2.
4
(11)
4
(12)
3.
1.
2.
LO5
LO1
TS3
C3
LO5
LO1
TS3
C3
LO5
LO1
TS3
C3
o Lecture
o Active reading &
presentation
Feedback on
active reading &
presentation
Article review
(w10): Abdul
Rahim Abdul
Rahman 2008
(Shariah
audit_needs &
challenges)
o Lecture
o Active reading &
presentation
Feedback on
active reading &
presentation
o Lecture
o Active reading &
presentation
Feedback on
active reading &
presentation
Comparison of financial
statement
disclosure
requirement by MASB and
AAOIFI
3.
8
(13-14)
1.
LO5
LO1
TS3
C3
Feedback on
presentation