ISB656 (ISLAMIC CAPITAL MARKET)

LESSON PLAN
(SEPT 2016 DEC 2016)
WEEK
1

2-4

5-7

TOPIC
1.0 Introduction to Financial System and Capital Market
1.1The Financial System
1.2Introduction to Islamic Capital Market
Special break Aidiladha & Hari Malaysia 11th-17th September 2016
2.0 The Capital Market
2.1 Regulators
2.1.1 Local market
2.1.2 Global market
2.2 syariah advisory council
2.2.1 Local market
2.2.2 Global market
2.3 The Exchanges
2.3.1 Local market
2.3.2 Global market
2.4 Rating Agencies:
2.4.1 Local market
2.4.2 Global market
3.0 Muamalat Principles In The Capital Market
Al-Ijarah
Al-mudharabah(profit sharing)
1.3.
Al-Musyarakah (Profit-Loss Sharing
3.3 Bay' Salam
3.4 Bay' Al-Muajjil
3.5 Bay Al-Istisna(Order)
3.6 Bay Dyan (Debt Trading)
3.7 Bay Inah
3.8tawarruq
3.9 Bai Madum
3.10
Bai Wafa (Conditional Trade)
3.11
Bay Muzayadah (Open Bidding Trading)

3.12
3.13
3.14

Suftajah
Bai Urbun
Bai Bima Yanqati Bihi Sir

WEEK 8: TEST 1 (28 OCTOBER 2016)- DEWAN SRI TEMENGGONG (2.30PM-5.30PM)

COVERED CHAPTER : 1 -3

8-10

4. 0 syariah equity market

4.1 characteristics of equity
4.2 Islamic equity market instruments
4.3 syariah criteria for listed securities
4.3.1 Local market
4.3.2 Global market
valuation models

Sukuk market
10-11

definition, origin and characteristics of sukuk

sukuk structures
valuation of sukuk
issues, opportunities and challenges in the sukuk market
MID TERM BREAK 27 NOVEMBER 2016- 3 DECEMBER 2016

12

13

Islamic unit trust

6.1 Nature & Types of Unit Trust
6.2 The Benefits of Investing In a Unit Trust
6.3 Unit Trust In Malaysia
6.4 Shariah Contracts Used In Islamic Unit Trust
6.5 valuation of unit trust
7.0 Islamic real estate investment trust (i-reits)
7.1Islamic exchange traded funds (ETFs)

WEEK 13: TEST 2 (8 DECEMBER 2016)- DEWAN SRI TEMENGGONG (2PM-5PM)

COVERED CHAPTER : 4 -7

14

8.0

Islamic derivates
8.1 evolution of derivatives market
8.2 futures and option
Revision (discussion) Final exam start: 29/12/2016)

INDIVIDUAL ASSIGNMENT (10%)

GROUP ASSIGNMENT (5%)

GROUP PRESENTATION (5%)
TEST 1(15%)
Coverage: Chapter 1 Chapter 3
TEST 2 (15%)
Coverage: Chapter 4 Chapter 7

COURSE ASSESSMENT (50%)