1. NAME OF COURSE  / MODULE FIQH MUAMALAT I
2. COURSE CODE MGA2013
3. NAME(S) OF ACADEMIC STAFF  
4. RATIONALE FOR THE INCLUSION OF THE COURSE/MODULE IN THE PROGRAMME This course is a foundation for the Muamalat knowledge and understanding for all Faculty of Economics and Muamalat students in order to prepare them mentally for integrated business students.
5. SEMESTER & YEAR OFFERED Semester 2 / Year 1 & Semester 3& 4 / Year 2
6. TOTAL STUDENT LEARNING TIME (SLT) Face to face:

L T P O
28 26 5

L=lecture ; T=Tutorial; P=Practical; O=Others (Exam)

Total Guided and Independent Learning:

124
7. CREDIT VALUE 124/40 = 3.10 (3 credit); 2+2
8. PREREQUISITE (IF ANY) NIL
9. OBJECTIVES 1. To familiarize students with the elements of Islamic contract in the area of  Muamalat.

2. To highlight students on the disagreements among Muslim scholars in the issues of Muamalat.

3. To equip students with ample knowledge to demontrate the selected principle of muamalat in ongoing dynamic and ever-changing banking industries.

10. LEARNING OUTCOMES At the end of the course, learners will be able to:

1. Explain the elements of Islamic contracts in the area of  Muamalat. (LO1, C2)

2. Classify and appreciate different views among Muslim scholars in the issues of Muamalat. (LO3, LO6, CTPS3, EM2)

3. Demontrate the selected principle of muamalat in ongoing dynamic and ever-changing banking industries. (LO8, KK2)

11. TRANSFERABLE SKILLS Student should be able to develop a good understanding of background of fiqh Muamalat through a process of lectures, tutorial and group assignment.
12. TEACHING-LEARNING AND ASSESSMENT STRATEGY Teaching-learning strategy:

· The course will be taught through a combination of formal lectures, exercise, group work, using authentic materials, informal activities and various textbooks. Collaborative teamwork will be fosters throughout the course. The use of examination and internal reporting assessment will assess the student’s ability to apply theoretical concept in context.

Assessment strategy:

· Formative

· Summative

13. SYNOPSIS Fiqh Muamalat I discusses the principles of Fiqh al-Mucamalat, the concepts of al-ahliyyah and al-mal and their significance to Fiqh al-Mucamalat, definition of contract and its basic elements, the concept of voluntaries, matters defecting a contract, terms and conditions of contract, obligations of contract, types of contracts (e.g. contract of sale, lease, loan, rent, company, partnership, etc.), the concept of riba, and the application of Mucamalat contracts in the banking and financial industry. The focus will be in the Malaysian context.
14. MODE OF DELIVERY Lectures and tutorial (SCL)
15. ASSESSMENT METHODS AND TYPES
Component %
Continuous Assessment 50
Final examination 50
Total 100
16. CONTENT OUTLINE OF THE COURSE/MODULE AND SLT PER TOPIC
TOPIC Lecture Tutorial Test/Quiz/Exam Assignment Assessment(Library Search) Self-study Total
Fiqh al-Mucamalat: An Introduction 2 2 3 7
Theory of al-Milkiyyah (Ownership) 2 2 3 7
Theory of al-Ahliyyah (legal capacity) 2 2 3 7
Theory of al-Mal and al-Aqad (property) 2 2 3 7
Theory of Al-Riba (Usury) 4 4 6 14
The Sales Contract: 6 6 9 21
Al-Khiyarat (Options) 2 2 3 7
al-Ijarah & al-I’arah 2 2 3 7
The Partnerships Contract (Al-Sharikat) and Silent Partnership (Al-Mudharabah) 4 4 6 14
Share-cropping Arrangement 2 2 3 7
Continuous Test/Quiz/Assessment 2 10 4 16
FINAL 3 9 12
TOTAL 28 26 5 10 13 42 124
17. REFERENCES Main reference:

1. al-Zuhayli, Wahbah, Dr. 1984. al-Fiqh al- Islami wa Adillatuh. Damsyik: Dar al-Fikr. Translated: El-Ghamal, Mahmoud.A. 2003. Financial Translation in Islamic Jurisprudence. Vol. 1-2. Damascus: Dar al-Fikr.
Additional references:

1.Hailani Muji Tahir, Sanep Ahmad, 2009, Aplikasi fiqh muamalat dalam sistem kewangan Islam, Shah Alam, Selangor, Pusat Penerbitan Universiti (UPENA), Universiti Teknologi MARA.
2.   Billah, Mohd. Ma’sum. 2003. Modern Financial Transaction Under Shari’ah. Petaling Jaya: Ilmiah Publisher.
3.   Kharoufa, Ala’ Eddin, Prof. Dr. 1997. Transactions in Islamic Law. Kuala Lumpur: A.S Nordeen.
4.   Billah, Mohd. Ma’sum. 2006. Shari’ah Standard of Business Contract. Kuala Lumpur: A.S Nordeen.
5.   Commission, Securities. 2003. Resolutions of the Securities Syariah Advisory Council. Kuala Lumpur: Securities Commission.

 

Mapping of the course/module to the Programme Learning Outcomes:

TOPIC

Contact hours (week)

Lesson Learning Outcome (Students are able to…)

LO KI Teaching & Learning Activities Assessment Tasks
Fiqh al-Mucamalat: An Introduction

–          Connotation of Fiqh al-Mucamalat

–          The Features of Fiqh al-Mucamalat

–          Related verses on Fiqh al-Mucamalat

4 1.   Explain the conceptual meaning of Muamalat and its features.

2.   Explain various Islamic legal maxims related to Muamalat practices.

3.   Memoriza and recite various Qu’anic verses on Muamalat issues.

LO1

LO1

C2

A3

o Lecture

o Library Search (Qur’anic  verse from Mu’jam al-Qur’an)

· Feedback on library search
Theory of al-Milkiyyah (Ownership)

Connotation of al-Milkiyyah, Eligibility of al-Milkiyyah, Types of al-Milkiyyah (Limited/ Unlimited, Constrained/ Unconstrained)

 

4

1.   Explain the conceptual meaning of Milkiyyah and its eligibilty.

2.   Discuss and differentiate different types of ownership.

LO1

C2

EM2

o Lecture

o Tutorial activity – exercises

· Feedback on tutorial activity
Theory of al-Ahliyyah (legal capacity)

Connotation of al-Ahliyyah, Types of al-Ahliyyah, Impediments to al-Ahliyyah

4 1.   Explain the conceptual meaning of Ahliyyah and its features.

2.   Discuss and differentiate various types of ahliyyah.

3.   List and explain all the stages of human development in relation to ahliyyah.

4.   Explain the impediments to ahliyyah with its effective status of ahliyyah

LO1

LO3

C2

EM2

o Lecture

o Tutorial activity – exercises

 

· Feedback on tutorial activity
Theory of al-Mal & al-Aqd

Connotation of al-Mal and al-A’qd, Types of al-Mal and al-A’qd

4 1.   Explain the conceptual meaning of Mal and al-a’qd and its attributes.

2.   Discuss and differentiate types of al-mal and al-Aqd.

LO1

LO3

C2

EM2

o Lecture

o Tutorial activity – exercises

 

· Feedback on tutorial activity
Theory of Al-Riba (Usury)

Connotation, Types of Options according to different scholars. Al-Riba in Muamalat context

10 1.   Explain the conceptual meaning of riba and its historical prohibition development.

2.   Discuss various types of riba with relation to current practice in conventional banking.

3.   Differentiate between riba and trade.

4.   Memoriza and recite various qu’anic verses on riba.

LO1

LO3

LO6

C4

P2

A3

CTPS3

o Lecture

o Article searching via internet / library

· Feedback on article searching
The Sales Contract:

Part I – Constituents of sale

Part II – Conditions of sale

Part III – Status of sale, its object & price

Part IV – Invalid and defective sale

Part V – Types of sale

8 1.   Explain the conceptual meaning of sales contract and its pillars.

2.   Discuss various conditions of sales contract with different opinions from scholars.

3.   Explain and differentiate all types of valid contracts, invalid contracts and controversial contracts.

LO1

LO3

LO6

C4

P2

A3

CTPS3

o Group active reading

o Preparation of concept map

o Presentation

o Group active reading

o Preparation of concept map

· Presentation

Al-Khiyarat (Options): Connotation, Types of Options according to different scholars, Major types; Syart, Ru’yah, ‘Ayb , etc. 8 1.   Explain the conceptual meaning of Khiyar and its features.

2.   Discuss and differentiate three (3) major types of options.

3.   Know and able to define other supportive types of khiyar.

LO1

LO3

C2 o Lecture

o Article searching via internet / library

· Feedback on article searching
Al-Ijarah and Al-I’arah: Connotation; proofs of legislation; types, elements and conditions; termination of hire contract 4 1.   Explain the conceptual meaning of Ijarah and al-i’arah and its pillars.

2.   Discuss and classify the conditions of Ijarah and al-i’arah contract.

3.   Explain other related issues on Ijarah and al-i’arah contract including its types, termination, and disagreement among scholar.

4.   Relate the conceptual idea on Ijarah and al-i’arah contract to its practice in Islamic banking.

LO1

LO3

LO6

C2 o Group active reading

o Preparation of concept map

o Presentation

o Group active reading

o Preparation of concept map

· Presentation

The Partnerships Contract (Al-Sharikat) and Silent Partnership (Al-Mudharabah)

 

 

6 1.   Explain the conceptual meaning of partnership according to different scholars.

2.   Discuss and differentiate various types of partnership contract with scholars’ position/opinion.

3.   Discuss all conditions of partnership.

4.   Differentiate between musyarakah contact and mudharabah contract.

LO1

LO3

LO6

C2

 

o Group active reading

o Preparation of concept map

o Presentation

o Group active reading

o Preparation of concept map

· Presentation

Agricultural Partnership: Syarikah al-Muzara‘ah, Syarikah al-Musaqah, Syarikah al-Mugharasah. 2 1.   Explain the conceptual meaning of agricultural-based contracts and scholars opinions on them. LO1

LO6

C2

 

o Group active reading

o Preparation of concept map

o Presentation