020323300 ISLAMIC FINANCE AND INVESTMENT ( 3 Crd.Hrs )

Pre-Requisites : 020323050

This course addresses the concept of investment and its objectives, investment formulas in Islam, the cancellation of interest and its impact on investment, the foundations of financing, sources of financing in the Islamic economy, the Islamic alternative to the interest system, criteria for project evaluation and selection, the economic and social effects of investing in the Islamic approach.