diploma in islamic banking and finance

12 Pages·2014·0.79 MB·English

Diploma in Islamic Banking and Finance 1

DIPLOMA IN ISLAMIC
BANKING AND
FINANCE
Diploma in Islamic Banking and Finance 2

PROGRAM OVERVIEW

INTRODUCTION

Islamic finance are becoming increasingly popular around the world. Although,
Islamic or shariah finance is a relatively new concept to be introduced to the
financial world periodically, it is one of the fastest growing segments of global
financial services.

In order to fulfill the Islamic finance needs from the Islamic perspective,
Department of Polytechnic Education (DEP) has worked collaboratively with the
nation’s key industry players in developing the curriculum for this programme. The
collaboration aims to equip students with up-to-date knowledge and relevant skills
to meet the global challenges and the requirements set by the Islamic banking
industries. This is true especially in the Islamic financial world where there is a rapid
demand for Islamic practice in finance industry. In fact, almost all the financial
sectors integrate Islamic practice as a part of their system. One of the most
important factors in gearing towards the growth of productivity is the needs for
qualified manpower in this area so that the industry will develop significantly and
remain competitive in the global market.

To address this issue, the Curriculum Development and Evaluation Division (CDED)
has cooperated with the local industries to develop the curriculum and thus
introduces Diploma in Islamic Banking and Finance programme. This programme gives
the students a lot of opportunities to acquire the needed knowledge as well as to
undergo industrial training during their fourth semester in order to be exposed to
the real working world particularly in banking sector. This will give the students the
knowledge and skills that are relevant to the needs of the Islamic finance industry.
Diploma in Islamic Banking and Finance 3

SYNOPSIS

Diploma in Islamic Banking and Finance is designed to introduce students to the
Islamic finance and financial system which are now among the fastest growing
segments of global financial services. This programme provides knowledge and skills
in Fiqh Muamalat, Usul Fiqh, Qawaid Fiqqiyah, Akidah Islamiyyah, Akhlak
Islamiyyah, Contract in Islamic Finance, Ethics in Islam, Islamic Investment, Islamic
Bank Management, Islamic Accounting, Islamic Capital Market, Islamic Economics,
Islamic Financial System and etc.

This programme also exposes the students with the operational aspect of Islamic
banking and finance and how it can fulfil the financing requirements of the customers
as well as the investment. Moreover, the concept and application of Islamic products
are also adequately covered.

In addition to the programme, the students are also taught Business Mathematics,
Principles of Marketing, Statistics, Entrepreneurship, Microeconomics,
Macroeconomics, and Fundamentals of Accounting to enhance their knowledge
and competency in communication and other aspects of soft skills. As the
programme emphasizes self- initiated learning and hands-on competency, graduates of
this programme will be ready to take up the challenges and competitions present in the
Islamic finance world
Diploma in Islamic Banking and Finance 4

PROGRAMME EDUCATIONAL OBJECTIVES (PEO)

The Diploma in Islamic Banking and Finance programme shall produce semi professional
who are:

1.knowledgeable, technically competent in
Islamic Banking and Finance discipline and able to adapt themselves
with new technological advancement and challenges in
Islamic Banking and Finance fields.
2.effective in communication and able to prepares them with
social skills, leadership qualities and willing to be
responsible towards developing country and community.
3. capable to solve Islamic Banking and Finance problems innovatively,
creatively and ethically to secure organizations against internal
and external security threats.
4. able to demonstrate entrepreneurship skills and recognize
the need of lifelong learning for successful career advancement.
Diploma in Islamic Banking and Finance 5

PROGRAMME AIMS
(PAI)

Graduates in Diploma in Islamic Banking and Finance from Polytechnic,
Ministry of Higher Education will possess the knowledge, operational skills,
soft skills and attitudes that enable them to produce human capital that are
well-versed in the principles and concept of Islamic Banking.

Graduates should be responsible, ethical, professional and able to work
effectively, collaboratively and accentuate Islamic Shariah banking. They can
apply their managerial and entrepreneurial knowledge and skills. Graduates
should possess good public relation and communications skills in
contributing to the growth of Islamic Banking practice in the industry.
Graduates will be able to develop critical thinking, face the challenges, foster
good work attitudes in the financial markets and continuously enhance their
knowledge and skills.
Diploma in Islamic Banking and Finance 6

PROGRAMME LEARNING OUTCOME (PLO
)

1. apply fundamental principles of Islamic Banking and Finance, and soft skills in Islamic
Banking and other related areas to be outstanding and successful in the future.

2. use skills to meet the industrial requirements and adapt to the challenges in the
industrial world

3. communicate effectively with Islamic Banking and Finance Professionals, other
professionals and community.

4. use appropriate tools and techniques to recommend effective solutions in
encountering threats and risks of an organization's information.

5. develop an effective and excellent teamwork to meet the common goals.

6. engage in life-long learning and professional development to enrich knowledge and
competencies.

7. inculcate entrepreneurial skills in the related discipline that contributes towards
national growth and be competitive in Islamic Banking and finance industries.

8. adhere to professional codes of ethics and enhance humanistic values to adapt to the
real challenges in working environment.

9. demonstrate effective leadership responsibility

JOB PROSPECTS

The knowledge and skills that the students acquire from this programme will enable
them to venture in the job market such as:

ASSISTANT BANK OFFICER ( AT LOCAL AND INTERNATIONAL LEVEL)  STOCK
BROKER / REMISER  ZAKAT CENTRE ADMINISTRATOR  UNDERWRITER |TAKAFUL
AGENT  FINANCIAL CONSULTANT  ASSISTANT ADMINISTRATIVE EXECUTIVE |
UNIT TRUST EXECUTIVE  MARKETING EXECUTIVE  ASSISTANT ACCOUNT
EXECUTIVE  ENTREPRENEUR  FINANCIAL PLANNER
Diploma in Islamic Banking and Finance 7

REGULATIONS FOR COURSE
REGISTRATION

COURSE REGISTRATION

Students must:
1. Register courses within seven (7) days after semester begins.
2. Obtain the advice from Academic Advisor (PA) before register.
3. Submit the completed form to the Academic Advisor (PA)
4. Finally get the signature of Academic Advisor and Head of Department.

COURSE CREDIT

Credit for each course is as stated in the Dokumen Kurikulum dan Struktur Kursus approved
by Lembaga Kurikulum Kursus Pengajian dan program Latihan Politeknik.
Number of credits to be taken by the student for each semester is between Twelve ( 12) to
Twenty (20) or as specified in the Dokumen Kurikulum dan Struktur Program.
The minimum credit amount to be accumulated by the students before they are eligible to
be considered for the award of a certificate are stated in the Dokumen Kurikulum dan
Struktur Program.

CARRY COURSES/CARRY SEMESTER

Students need to repeat all failed courses (grade point <2.00) including the General
Courses (such as Islamic Studies, Civilization etc) and the Dicipline Courses.
Students with carry courses must discuss and get advice from Academic Advisor (PA) and
approved by Head Of Department.
Students should repeat all the learning activities of the courses in addition to other courses
for that semester.

DROP/ADD COURSES

Students who have registered for courses can drop or add courses, provided that the
number of credit hours for that semester no less or no more than a specified number of
credit hours.
Diploma in Islamic Banking and Finance 8

The dropping and adding courses must be done within the prescribed period and they
must seek for advice from Academic Advisor (PA) and approval from Head of Department.
Drop/Add courses can be done during the third to six (3rd – 6th) week of the semester.

ATTENTION

Students who have registered should follow the learning activities for the course.
In order to evaluate the learning activities undertaken by a student, students must achieve
a minimum percentage of attendance.

(References: Arahan-arahan Peperiksaan dan Kaedah Penilaian dikeluarkan oleh Bahagian
Pengurusan Politeknik, Edisi 4 2013)
Diploma in Islamic Banking and Finance 9

PROGRAMME STRUCTURES ( )
Effective: June 2013(1.6)
KOHORT DIS 2011 DAN JUN 2012

BIL Klasifikasi kursus Nilai kredit
1. Kursus wajib 16
2. Kursus teras 63
Common core
Discipline core
3. Kursus elektif 6
4. Latihan industri 10
Total 95

YEAR 1 - SEMESTER 1 YEAR 1 - SEMESTER 2
Credit Credit
No Code Course No Code Course
Hour Hour
AA101 @ ISLAMIC EDUCATION 1 @ AA 201 @ ISLAMIC EDUCATION 2 @ MORAL
1 2 1 2
AA102 MORAL EDUCATION 1 AA202 EDUCATION 2
COMMUNICATIVE
2 AE101 2 2 AR 201 CO-CURRICULUM 1 1
ENGLISH 1
OCCUPATIONAL SAFETY AND
3 AR101 CO-CURRICULUM 1 1 3 AW 101 1
HEALTH 1 (OSHA)
4 BC 103 COMPUTER APPLICATION 1 4 PB 202 MACROECONOMICS 3
5 PB101 STATISTIC 3 5 PS 201 FIQH MUAMALAT 1 3
ECONOMY FROM ISLAMIC
6 PB102 MICROECONOMICS 3 6 PS 202 2
PERSPECTIVE
FUNDAMENTALS OF
7 PA101 3 7 PB 203 BUSINESS MATHEMATICS 3
ACCOUNTING
8 PM101 PRINCIPLES OF MARKETING 3 8 ELEKTIF 3
TOTAL 18 TOTAL 16
YEAR 2 - SEMESTER 3 YEAR 2 - SEMESTER 4
Credit Credit
No Code Course No Code Course
Hour Hour
1 AA301 ISLAMIC CIVILISATION 2 1 AT401 INSDUSTRIAL TRAINING 10
2 AE 301 COMMUNICATIVE ENGLISH 2 2
3 AS 101 SOFT SKILLS 2
4 PB 301 FIQH MUAMALAT 2 3
5 PS 302 ISLAMIC FINANCIAL SYSTEM 3
ISLAMIC BANKING
6 PS 303 3
PRODUCTS & SERVICES
Diploma in Islamic Banking and Finance 10

TOTAL 16 TOTAL 10
YEAR 3 - SEMESTER 5 YEAR 3 - SEMESTER 6
Credit Credit
No Code Course No Code Course
Hour Hour
RISK MANAGEMENT IN ISLAMIC
1 AE 501 COMMUNICATIVE ENGLISH 3 2 1 PS 601 3
BANKING
CORPORATE GOVERNANCE IN
2 PS 504 CREDIT MANAGEMENT 3 2 PS 602 3
ISLAMIC FIN INS.
ACCOUNTING FOR FINANCIAL
3 PS 501 3 3 PS 604 BUSINESS FINANCE 3
INS
4 PS 502 ISLAMIC TRADE FINANCE 3 4 PS 605 BUSINESS PROJECT 3
5 PS 503 ISLAMIC INVESTMENT 3 5. AS 208 USUL FIQH 2
6 PB 201 ENTREPRENUERSHIP 2
7 ELEKTIF 3
TOTAL 19 TOTAL 14