Course Details

Course Code: BU7309
Course Title: Accounting Standards for Islamic Financial Institutions
Short Title: Islamic Standards
Course Level:: Level 7
Valid From:: 2022/2023 Sem 1
Credits:: 15
Owner: Business
Assessment Method: Achievement
Course Aim

To demonstrate advanced knowledge and application of the Islamic accounting, auditing and governance standards that were developed and issued by the Accounting and Auditing Organization for Islamic Financial institutions (AAOIFI)

 
CILO
On Completion of this course, the learner will be able to
# Learning Outcome Description
1 Explain the Accounting Standards for Islamic investments & Zakat.
2 Apply the Accounting Standards for Islamic equity and asset financing.
3 Discuss Auditing and Sharia supervision of Islamic Financial Institutions.
4 Demonstrate advanced knowledge of Corporate Governance for Islamic financial institutions.
Requisites
  • Pre Requisite: BU6009
 
Examinations
Assessment Type
Examination (Unseen)
Assessment Type
Examination (Unseen)
No Other Controlled Assessments
Uncontrolled Assessments
Assessment Type
Project (Group)
Assessment Type
Portfolio

The institute reserves the right to alter the nature and timings of assessment

Affiliated Entities
Entity Code Entity Title Entity Version Entity Type
BBS6014 Diploma in Business (Islamic Finance) 1 Programme
BBS6014 Diploma in Business (Islamic Finance) 2 Programme