Case Studies Guidelines and Ru
ics
Topic Grade % scores | Alternative B
Title: Islamic Financial Product
Part: Introduction: Includes: 1.0% of final grade 5% 1 page maximum
(a) Your research questions The same for each
(b) Your case study method group.
Part II: Literature review on the 4.0% of final grade 20% 2 pages maximum
theoretical facts that was covered The same for each
in the class in relation to your topic. | group.
Part lll: Data to back up your topic. | 6% of final grade 30% 2 pages maximum pe
Google your topic for data; then student on his writing
copy & paste it into your paper. in this section.
Each student must pick an
Islamic financial and collect (b) Each student will
usiness related data from collect data of a
anywhere in the world. country of his own
Data is a numerical table. hoje,
Part IV: Analyze and discuss the 7% of final grade 35% 2 pages maximum pe
difference between the theory and student on his writing
practice (if any). in this section.
Each must student must analyze (b) Each student will
the data that he had collected analyze and explain
from his chosen product from the data he had
chosen financial institution Ro "
county. above.
Part V: Conclusion 1.0% of final grade | 5% 1 page maximum
Each student must
have a conclusion.
Part VI: Reference 1% of final grade 5% Each student must
have references.
Part VII: Class Presentation 10% of the final Each student will
(In Dec 2022) grade present his parts Ill
and IV above; only.
(b) Each student must
produce a 4-page
power point of his
presentation (parts lil
&1V) to the instructo
Due on Nov. 13, 2022
FINA 3321 CLASS ASSESSMENT and RUBRICS
Part 1: Exam I (20% of the final grade) --- Date: TBA
Covering: – Chapters 3 - 5.
Multiple choice and Short Essay questions for one hour.
Part 2: Exam II (20% of the final grade) --- Date: TBA
Covering: -- Chapters 6 – 10
Multiple choice and Short Essay questions for one hour.
Part 3: Final Exam – (20% of the final grade) --- Date: TBA
Covering: --- Chapters 11-15
Multiple choice, Short Essay, and Calculation questions for one hour.
Part 4: Case Study Paper – (30% of the final grade) --- Due: Nov. 13, 2022
A group of 5 students required; on Islamic Financial Transactions. No exemption to this rule.
Any violation of this rule will earn the students concerned a zero (0) grade for class project.
Case Studies Guidelines
1. The group of five students will jointly write Parts I & II of the class term paper; but Parts
III to VII would be done by individual student.
2. Each group must: Pick a financial institution that does Islamic Financial transactions or has an
“Islamic Window.” Each student will pick one of the uses of funds in chp. 8, slides 17, 28, 29, and
XXXXXXXXXX; or sources of funds in chp. 8, slides 3, 5, 9, and 13; as his case study of the institution chosen.
You cannot do a case study on a non-Sharia-compliant product.
3. Each group need a group leader; who will email his (a) members; (b) chosen institution;
(c) each student’s selected Sharia-compliant financial product; to the instructor.
4. Each student must submit his class project paper; write names of group members on his
Paper for Parts I & II; put his name on parts III and VI of his class project.
5. Pick one Islamic Financial Institution from chapters 6 – 15; as your case study.
6. Each must student must pick EITHER a use of fund (loan) OR a source of fund; by the
chosen financial institution: collect his data; and analyze his data.
7. Clear your (a) group and (b) case study topic with the instructor before starting your work.
8. Keep to the number of pages per section given to you to write; excess pages will not be graded.
Part 5: Homework Assignments – (10% of the final grade)
ALL HW ARE TO BE HANDWRITTEN WITH PENCIL ONLY
The group of five students will jointly submit each homework.
Each student to do at least one chapter and write his name on the chapter he had done.
There must be five (5) different handwritings for each homework submitted for grading.
HW I: Covering: – Chapters 2, and XXXXXXXXXXChps. 5 & 6 is for one student)
--- (5% of the final grade; Due: Oct. 9, 2022)
HW II: Covering: --- Chapters 9 – XXXXXXXXXXAll students must do the calculation problems)
--- (5% of the final grade; Due: Nov. 20, 2022)
Case Studies Guidelines and Ru
ics
# Topic Grade % scores Alternative B
1 Title: Islamic Financial Product
2 Part I: Introduction: Includes:
(a) Your research questions
(b) Your case study method
1.0% of final grade 5% 1 page maximum
The same for each
group.
3. Part II: Literature review on the
theoretical facts that was covered
in the class in relation to your topic.
4.0% of final grade 20% 2 pages maximum
The same for each
group.
4. Part III: Data to back up your topic.
Google your topic for data; then
copy & paste it into your paper.
Each student must pick an
Islamic financial and collect
usiness related data from
anywhere in the world.
Data is a numerical table.
6% of final grade 30% 2 pages maximum per
student on his writing
in this section.
(b) Each student will
collect data of a
country of his own
choice.
5. Part IV: Analyze and discuss the
difference between the theory and
practice (if any).
Each must student must analyze
the data that he had collected
from his chosen product from
chosen financial institution
country.
7% of final grade 35% 2 pages maximum per
student on his writing
in this section.
(b) Each student will
analyze and explain
the data he had
collected and
presented in part III
above.
6 Part V: Conclusion 1.0% of final grade 5% 1 page maximum
Each student must
have a conclusion.
7. Part VI: Reference 1% of final grade 5% Each student must
have references.
8. Part VII: Class Presentation
(In Dec 2022)
10% of the final
grade
Each student will
present his parts III
and IV above; only.
(b) Each student must
produce a 4-page
power point of his
presentation (parts III
& IV) to the instructor
Due on Nov. 13, 2022
HW I - Due Date = Oct. 9, XXXXXXXXXXGrade = 5% of Final Grade
Chapter 2: For Islamic Economics
1. What are the Prophet Muhammad’s economic thoughts?
2. What are the characteristics of an Islamic economic man?
3. List the theoretical foundations of the Islamic economics.
4. List are the components of the Islamic micro- and macroeconomic theories?
Chapter 4: Islamic Banking, Finance, Commercial and Commercial Jurisprudence
1. What are the Islamic investment guiding principles?
2. What are the Sharia’s approved forms for trade dealings and transactions?
3. What are the forms of contracts that are acceptable in Islamic banks & finance transactions?
4. What are the elements and characteristics of a valid Islamic finance contracts?
Chapter 5: Non-Interest Banking Framework
XXXXXXXXXXHow are profit margin, mark-up & loan commissions determined by the Islamic banks?
XXXXXXXXXXWhy is interest prohibited in Islamic banking business transactions?
XXXXXXXXXXIs the “no-interest rate Islamic finance concept” in theory or practice? and (b) why?
XXXXXXXXXXHow did the Islamic banks deal with the interest rate dilemma in their transactions?
Chapter 6: Islamic Central Banks and Monetary Policies
XXXXXXXXXXWhat are the conventional monetary policy tools being used by the Islamic central banks?
XXXXXXXXXXWhat are the Islamic monetary policy tools being used by the Islamic central banks?
XXXXXXXXXXWhat are the goals, objectives, and functions of the Islamic central banks (not individuals)?
Chapter 7: Structure and Operations of the Islamic Banking System
XXXXXXXXXXWhat are the (a) objectives and (b) functions of the Islamic banks?
XXXXXXXXXXWhat are the principles of the Islamic banks?
XXXXXXXXXXWhat are the guidelines for the Islamic banks?
XXXXXXXXXXWhat are the factors that promoted the growth of the Islamic banks?
XXXXXXXXXXWhat are the components of an Islamic banking system structure?
XXXXXXXXXXWhat is meant by “Islamic window banking system?
XXXXXXXXXXWhat is the deference between interest and riba?
Chapter 8: Products and Services of the Islamic Commercial Banks
1. What are the products and services of the Islamic retailing, corporate, and investment
XXXXXXXXXXservices divisions?
2. What are the Islamic commercial banks’ products and services?
3 What are the Islamic commercial banks’ sources of funds?
4. What are the Islamic commercial banks’ uses of funds?
5. Who bears the lending risks in the Islamic commercial banking system?
7. What are the equity-based Sharia parameters for the musharakah contracts?
8. What are the equity-based Sharia parameters for the mudarabah contracts?
9. List the (a) equity-based financial products; (b) debt-based financial products; and (c)
XXXXXXXXXXfee-based financial products.
HW 2 - Due Date = Nov. 20, XXXXXXXXXXGrade = 5% of Final Grade
Chapter 9: The Structure and Operations of the Islamic Financial Institutions
1. How would you categorize the structure of the Islamic financial institutions?
2. What are the components of each category of the Islamic financial institutions?
3. What are the components (just list) of the non-depository Islamic financial institutions?
4. What is Islamic Finance?
Chapter 10: The Products and Services of the Islamic Financial Institutions
1. What are the products and services (just list) of Islamic financial institutions?
2. What are the functions of the investment bankers to their business clients?
3. What are the differences between an Islamic investment bank and a private equity firm?
4. How are the loan’s selling price and profit margin calculated and determined?
Chapter 11: Islamic Financial Money Markets and Instruments
1. What is the structure of the Islamic money markets by key players?
2. What is the structure of the Islamic money markets by market instruments?
3. What are the components (just list) of the Islamic money markets by key participants?
4. What are the components (just list) of the Islamic money markets by market instruments?
5. Write and explain the formulas being used to price Islamic money market instruments.
Chapter 12: Practice, Techniques, and Theories of the Islamic Insurance (Takaful)
1. How would you define an Islamic insurance (takaful)?
2. What is the structure of an Islamic insurance (takaful) company?
3. What are the components (just list) of the family takaful insurance models?
4. What are the principles upon which the Islamic insurance (takaful) was based?
Chapter 13: The Products and Services of the Islamic Insurance Industry
1. What are the types of products and services offered by the Islamic insurance?
2. What is meant by the family takaful insurance policies?
3. What are the components (just list) of the family takaful insurance policies?
4. What is meant by the general takaful insurance policies?
5. What are the components (just list) of the general takaful insurance policies?
Chapter