| Topic | |
| 1 | Overview of Fiqh Muamalat
– Principles of Fiqh Muamalat
– Theories of Fiqh Muamalat
|
| Partnership Contract 1 (Mudarabah)
– Definition – Salient Features – Contemporary Application – Case Study: Profit Equalization Reserve (PER) in Islamic Banks |
|
| Partnership Contract 2 (Musharakah)
– Definition – Forms of Musharakah – Contemporary Application – Case Study: MAS Perpetual Musharakah Sukuk |
|
| Sale Contract 1 (Murabahah)
– Definition – Legality – Contemporary Application – Cases Study |
|
|
5 |
Sale Contract II (Bay’ Tawarruq)
– Definition – Classical Jurists’ view on Bay Tawarruq – Contemporary Application – Case Study: RHB Islamic Card |
|
6 |
Ijarah (Leasing) Contract
– Contract – Legality – Salient Features – Contemporary Application
– Shariah Issue in Ijarah Application – Case Study: Sub-Lease |
|
7 |
Wakalah Contract
– Definition – Legal Evidence – Salient Features – Contemporary Application |
|
8 |
Kafalah
– Definition – Legal Evidence – Salient Features – Contemporary Application – Case Study: Letter of Guarantee |




