020323250 ISLAMIC ECONOMICS ( 3 Crd.Hrs )

Pre-Requisites : 020311020

This course addresses the subject of Islamic money in terms of its forms and types, its normative functions, the provisions of Islamic money and its economic effects, hoarding, usury (Riba), Bai Salam, Islamization of the monetary system, money supply and its controls, money deposits and controversy of contemporaries about its legality, positive monetary theories and policies, an Islamic assessment, Critical analysis of Al-Ghazali, Al-Maqrizi and Ibn Al-Qayyim, Islamic monetary policies and their purposes.