Economics
This course is comprised of a study of fundamental issues in management when management is viewed from an Islamic perspective. This new perspective will be addressed as an emerging discipline.
This course covers the economic foundations of Islam, including the contemporary issues regarding finance and banking.
The course will examine the nature and history of money, its role as well as that of the financial system in the economy; The course will cover interest rates and profit rates in the Islamic banking industry; financial institutions, including current innovations in the banking system and the supervision and regulation of banks by the government; selected elements of macroeconomics, including a discussion of international economics and the importance of exchange rates; and monetary policy, including alternative understandings of interest rates, as well as alternative monetary systems.
This course covers ‘The Principles of Economics’ which includes both the Principles of Microeconomics and Macroeconomics. Clearly, those who understand economic principles (together with the principles of Islamic Economics) will have a distinct advantage in making sense of the economy and successfully participating in it.
Accounting is often referred to as the language of business. The purpose of accounting is to provide meaningful financial information to individuals and institutions that have an interest in business, whether they are investors, creditors or managers. Intelligent investors seek out financial information on companies to make more informed investment decisions. It is a company’s accounting system that creates and provides the information used by investors. Business managers likewise need information produced through accounting in making the day-to-day operational decisions that improve a company’s performance and profitability. If you hope to become a successful investor or manager or simply want a better understanding of your own financial situation, you will need to understand accounting information to improve your decision-making.
This is an introductory course in finance that describes the fundamental financial principles that govern the ethical behavior of business in the pursuit of sustainable competitive advantage. The topics covered encompass study of financial objectives of business enterprise, financial statements analysis, time value of money, risks and returns and capital budgeting. At the end, this course also introduces the principles of Islamic financial system.
This course is comprised of the fundamentals of Islamic finance and Islamic Banking. Economists have been debating the impact of religion on Economics performance for many years. Many have questioned whether Economics can be mixed with religion or whether the drag on economic development in many Muslim countries is attributed to their beliefs. But as we progress in the lecture, one would find out that Islam promotes growth.
This course is comprised of a study of the fundamental topics for business and economics mathematics. The basics and essential Mathematical terms, definitions, and problems will be taught from both fields of Economics and Business.
Mathematics a problem for many student is nowadays used much in higher studies and professional levels too. So this small effort will help Business and Economics students to amalgamate these fields with mathematical tools.
Focus will be on doing much practice through lot of examples. An active participation by students will be much helpful for understanding the subject fully.
Islamic Studies
Course Description
This course is comprised of a study of the fundamental issues in the Science of Tawheed/ ‘Aqeedah most relevant today. It gives an overview of the categories of Tawheed and Shirk.
I. Objectives
- To enable the student to understand the origins of the Science of Tawheed.
- To further develop the student’s grasp of the basic three categories of Tawheed and their antithesis Shirk.
- To develop the student’s basic knowledge regarding some of the controversial issues related to Tawheed.
- To enable students to critically analyze the customs and culture which affects the implementation of Tawheed in Muslim countries today.
- To teach students correct approach to understanding the Islaamic Creed.
II. Class Content
A. Definition of ‘Aqeedah
B. Importance of ‘Aqeedah
C. Unique Characteristics of Islamic ‘Aqeedah
D. Definitions of Eemaan and Islaam and their characteristics
E. Belief in Allaah
1. Proofs For Allaah’s Existence
2. The Appearance of Atheism in Modern Times
3. Tawheed: Ruboobiyyah, Uloohiyyah, & Asmaa wa sifaat
4. Kufr and its categories
5. Shirk and its categories
6. Nifaaq and its categories
III. TEXTBOOKS
A. Required Text:
- Bilal Philips, The Fundamentals of Tawheed, Bilal Philips,
B. Supplementary Texts:
- ‘Abdullah Al-Athari, Islamic Beliefs
Course Description
This course is comprised of a study of the fundamental issues of Islamic Law. The book of Marriage is full of issues regarding family matters where nikaah issues, marital discord, and more are discussed. It is a course in which both married and unmarried students will find immense benefit. While going through all the academic lingo of the subject you will Insha Allah benefit from it for your personal life and those around you.
I. TEXTBOOKS
A. Required Text:
- Salih Al-Fawzaan, A Summary of Islamic Jurisprudence, vol.2
B. Supplementary Texts:
- Fiqhus Sunnah, Sayyid Sabiq,
- Azzawaaj al Islami by Shaykh Mahmood Al Masri,
- Isharun Nisaa by Shaykh Usamah bin Kamal
Course Description
This course is a survey of usool al-fiqh (the principles of Islamic jurisprudence). The main topics of study are the daleels that are universally considered authoritative, followed by the controversial daleels (excluding those most relevant to al Maqaasid al-Shar‘iyyah), linguistic issues relevant to interpretation of the texts, the nature of Sharee‘ah rules, and issues concerning ijtihaad.
I. Objectives
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To enable the student to understand the origins of the Science of Usool al-Fiqh.
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To familiarize the student with the proofs for the authority of the various types of evidence recognized in Usool al-Fiqh and the arguments of those who reject various proofs.
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To acquaint the student with the main rules regarding interpretation of textual evidence as well as the most important controversies surrounding some of them.
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To give the student a clear framework for understanding the nature of rules employed in fiqh.
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To familiarize students with the methodology for dealing with apparently contradictory evidence.
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To acquaint the student with the main issues related to ijtihaad.
II. Class Content
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An introduction to the science of Usool al-Fiqh: Its origin and development and the difference between Usool al-Fiqh and Fiqh.
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Identification of fields of knowledge that have contributed to Usool ul Fiqh i.e. the Qur’aan, Sunnah, Arabic Language, logic and Fiqh
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Examining the concept of Ijtihad as found in the early times.
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Issues regarding the Hukm Shar‘ee (Islamic Law) and what is related to it.
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Defining declarative law ( al-hukum al-wad’ee) in detail with its sub-divisions and ways of identifying categories when appropriate.
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Discussing the nature of Shariah Laws
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Role of intellect and free will in determining the legal capacity.
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An overview of types of evidence: Qat’ee and Zannee, Primary and Secondary, transmitted and rational
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Issues related to the Qur’aan
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The Issues related to Sunnah
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The issue of Abrogation (Naskh)
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The Language- Clarity of Language and linguistic issues
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Research on Command and Prohibition: Definition; ways that command and prohibition are conveyed in Arabic. The legal value of it, an order after a prohibition, and non-literal uses of it
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Research on the General and Specific: Definitions of the ‘Aam and Khaas, generalization terminology
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Research on the Unlimited and the Limited: Definitions of the Mutlaq and Muqayyid, the working relationship between the two.
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Research on the Textual Implications: The Stated (Mantooq) and Unstated ( Maskoot)
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Discussion on Ijmaa’: Definition, books on Ijmaa’ and the controversy on the authority of Ijmaa’
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Study on Qiyaas: Definition, proof for those who reject the Qiyaas and the conditions pertaining to the original and new cases.
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Research on Istis-haab (Presumption of Continuity): definition, recognition and evidence for its authority and its types.
Textbook
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Required Text:
Bilal Philips, A Commentary on Usool al- Fiqh Made Easy
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Supplementary Texts:
Study notes by Riaz Ansary
Imran Ahsan Khan Nyazee, Outlines of Islamic Jurisprudence
Muhammad Hashim Kamali, Principles of Islamic Jurisprudence
Course Description
This course is a survey of the principles of Quranic exegesis. The first half of the curriculum focuses on ‘uloom al-Qur’an (background knowledge required of anyone who undertakes explanation of the Qur’an, especially its use of the Arabic language). The second half is a survey of works of tafseer, including the major classical works of tafseer bil-ma’thoor and tafseer bil-ra’y as well as modern trends in tafseer, particularly thematic tafseer.
I. OBJECTIVES
1. To enable the student to understand the origins of the science of usool al-tafseer.
2. To familiarize the student with the nature of revelation and the unique qualities of the Qur’an, including its unparalleled preservation, it’s seven ahruf and its recitations.
3. To acquaint the student with the proper methodology for Qur’anic exegesis.
II. CLASS CONTENT
1. Introduction to the Science of Tafseer
2. Books of Tafseer
3. Translations of the Qur\'an
4. Wahy
5. The Revelations of the Qur\'aan
6. Collection of the Qur\'aan
7. The Qur\'aanic Text
8. Dialects and Recitations
9. Reasons for Revelation
10. Makkan and Madeenan Revelations
11. Naasikh and Mansookh
12. Muhkam and Mutashaabih
13. Literary Forms of the Qur\'aan
14. The Language of the Qur\'aan
III. TEXTBOOKS
A. Required Text:
Bilal Philips, Usool at-Tafseer
Study notes by Riaz Ansary
B. Supplementary Texts:
Yasir Qadhi, An Introduction to the Sciences of the Qur\'aan
Ahmad Von Denffer, \'Ulum al-Qur\'aan (Eng. Trans.)
As-Suyootee, al-Itqaan fee \'Uloom al-Qur\'aan
Az-Zarkashee, al-Burhaan fee \'Uloom al-Qur\'aan
Mannaa\' al-Qattaan, Mabaahith fee \'Uloom al-Qur\'aan
Muhammad \'Alee az-Zarqaanee, Manaahil al-\'Irfaan fee \'Uloom al-Qur\'aan