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ISL322Arts2 Unitsintermediate

Al-Mu‘Āmalāt In The Sharī‘Ah

This course presents the social transaction provisions in the Shariah, using the Qur'an and Apostolic Traditions as primary sources. It explores the background, scope, and requirements of transactions, highlighting their impact on Muslim communities. The course discusses various kinds of social transactions, their operations, and advantages. It also covers Islamic banking as an alternative to conventional banking and examines prohibitions and permissible matters in Islamic social transactions.

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90h
Study Time
13
Weeks
7h
Per Week
basic
Math Level
Course Keywords
Mu'amalatShariahIslamic transactionsIslamic bankingSocial contracts

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Islamic Finance

2

Social Transactions

3

Shariah Law

4

Islamic Banking

5

Takaful

6

Riba

Total Topics6 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Islamic Banker

Apply your skills in this growing field

Shariah Advisor

Apply your skills in this growing field

Financial Analyst

Apply your skills in this growing field

Islamic Finance Consultant

Apply your skills in this growing field

Investment Manager

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

BankingFinanceInsuranceReal EstateInvestment

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

MODULE 1: CONCEPT AND SCOPE OF *MU'ĀMALĀT* (SOCIAL TRANSACTION PROVISIONS IN THE *SHARΑAH*)

1h

Unit 1: Background to al-Mu"amalāt in the Sharī "ah

1 study hours
  • •Read the introduction to understand the scope of Mu'amalat.
  • •Trace the early and modern history of Social Transactions in Islam.
  • •Examine the practice of Social Transactions in the present day in relation to the early history of Islam.
Week
2

MODULE 1: CONCEPT AND SCOPE OF *MU'ĀMALĀT* (SOCIAL TRANSACTION PROVISIONS IN THE *SHARΑAH*)

1h

Unit 2: The Law and Nature of *al-Mu'āmalāt* in the *Sharī"ah*

1 study hours
  • •Define and state the Law of Social Transactions in Islam.
  • •Analyse the kinds and nature of Social Transactions.
  • •Examine the Significance of Social Transactions.
Week
3

MODULE 1: CONCEPT AND SCOPE OF *MU'ĀMALĀT* (SOCIAL TRANSACTION PROVISIONS IN THE *SHARΑAH*)

1h

Unit 3: Requisites of *al-Mu'āmalāt* in the *Sharī"ah*

1 study hours
  • •Assess the attitude of the Muslims to Social Transactions in Islam.
  • •Adduce reasons for the minor variations in the implementation of Social Transactions in different Muslim localities.
  • •Pinpoint the central theme of Social Transactions in Islam.
Week
4

MODULE 1: CONCEPT AND SCOPE OF *MU'ĀMALĀT* (SOCIAL TRANSACTION PROVISIONS IN THE *SHARΑAH*)

1h

Unit 4: Scope of *al-Mu'āmalāt* provisions in the *Sharī "ah*

1 study hours
  • •State the scope of the Mu"āmalāt provisions.
  • •Analyze the Islamic guidelines on Social Transactions.
  • •Explain the roles of Apostolic Tradition in Social Transactions.
Week
5

MODULE 1: CONCEPT AND SCOPE OF *MU'ĀMALĀT* (SOCIAL TRANSACTION PROVISIONS IN THE *SHARΑAH*)

1h

Unit 5: Prohibitions and Permissibility in the *al-Mu'āmalāt* provisions in the *Sharī "ah*

1 study hours
  • •Analyse the underlying philosophy behind the prohibition of certain Social Transactions.
  • •State the various prohibitions and permissible in Social Transactions.
  • •Examine the essentials and the recommended in Social Transactions.
Week
6

MODULE 2: THE *AL-MU'ĀMALĀT* SOCIAL TRANSACTION PROVISIONS AND THEIR DISPOSITIONS

1h

Unit 1: Subject Matter of *al-Mu"āmalāt* in the *Sharī"ah*

1 study hours
  • •Discuss the dynamics of usury-free banking.
  • •Explain the operation of the Three Simultaneous and Interconnected Legal Contracts.
  • •Discuss the advantages of Good Loan and Benevolent Loan.
Week
7

MODULE 2: THE *AL-MU'ĀMALĀT* SOCIAL TRANSACTION PROVISIONS AND THEIR DISPOSITIONS

1h

Unit 2: Company, Professionals" and Credibility *al*Mu"āmalāt provisions in the *Sharī"ah*

1 study hours
  • •Analyse the nature and the operation of Company social contract in Islam.
  • •Explain how to run Professional social contract in Islam.
  • •Analyze the operation of Credibility social contract.
Week
8

MODULE 2: THE *AL-MU'ĀMALĀT* SOCIAL TRANSACTION PROVISIONS AND THEIR DISPOSITIONS

1h

Unit 3: Joint and Advance Payment provision in *al-Mu"āmalāt* in the *Sharī"ah*

1 study hours
  • •Explain the operation of both Credibility and Joint Contract provisions in the Sharī "ah
  • •Analyse the differences and similarities between Credibility and Joint Contract provisions in the Sharī "ah
  • •Discuss the operation of Advance Payment business contract provisions in the Sharī "ah
Week
9

MODULE 2: THE *AL-MU'ĀMALĀT* SOCIAL TRANSACTION PROVISIONS AND THEIR DISPOSITIONS

1h

Unit 4: Special *Mu"āmalāt* provision in the *Sharī"ah*

1 study hours
  • •Analyse the theory of Hire Purchase Contract and its benefits
  • •Explain what is meant by Leasing and Purchase contract and its relief system
  • •Describe how the financial certificates and bonds (Sukuk) in contracts comply with Islamic law
Week
10

MODULE 2: THE *AL-MU'ĀMALĀT* SOCIAL TRANSACTION PROVISIONS AND THEIR DISPOSITIONS

1h

Unit 5: Dispositions in *al-Mu'āmalāt* provisions in the *Sharī"ah*

1 study hours
  • •Give account of the theory of recognition of Selling Price Contract
  • •Discuss Islamic Sale and Exchange Agreement in contra-distinction to the conventional banks
  • •Expatiate upon Deferred Payment Sale as an Islamic social contract
Week
11

MODULE 3: ISLAMIC FINANCIAL SERVICES INDUSTRY (IFSI)

1h

Unit 1: Principles of Islamic financial services industry

1 study hours
  • •Define and explain the Islamic ethics of financial transaction.
  • •Analyse the essential elements in the application of Islamic ethics in financial transactions.
  • •Distinguish a righteous Muslim business person from the evil ones.
Week
12

MODULE 3: ISLAMIC FINANCIAL SERVICES INDUSTRY (IFSI)

1h

Unit 2: Evolution and Composition of Islamic Financial Services Industry (IFS1)

1 study hours
  • •Relate the factors that led to the evolution of Islamic Financial Services Industry (IFSI).
  • •Highlight the composition of the Islamic Financial Services Industry.
  • •Expound the initiatives of Muslim scholars and economists on interest-free banking and its advantages.
Week
13

MODULE 3: ISLAMIC FINANCIAL SERVICES INDUSTRY (IFSI)

2h

Unit 3: Towards Islamic Banking System

1 study hours
  • •Discuss the attitude of the Muslims to Usury.
  • •Identify the evils of Ribā to individuals, to the economy and the society.
  • •Analyze the process of transformation of Islamic banking.

Unit 4: Islamic Insurance (takāful) and Re-insurance (re- takāful) services

1 study hours
  • •Analyze the conceptual framework of Islamic Insurance (Takāful).
  • •Assess the nature and principles of Islamic Insurance.
  • •Identify the challenges of Islamic Insurance.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

Access PDF Material

Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create a glossary of key Arabic terms and their English equivalents.

2

Focus on understanding the differences between permissible and prohibited transactions.

3

Practice applying Shariah principles to real-world financial scenarios.

4

Review the historical background and evolution of Islamic banking.

5

Prepare concise summaries of each unit, highlighting the main concepts and principles.

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