Fiqh of Transactions (Mu'amalat)

Course Description

An advanced study of Islamic commercial law covering contracts, sales, partnerships, and financial instruments. The course examines classical Mu'amalat texts alongside contemporary applications in Islamic banking, finance, and commerce. Students develop the capacity to evaluate modern financial products and commercial arrangements against the principles of Shariah.

What You'll Learn

• Explain the foundational principles of Islamic contract law and the conditions for valid transactions
• Identify and analyse prohibited elements in commercial transactions (Riba, Gharar, Maysir)
• Evaluate contemporary Islamic financial products against classical Fiqh standards
• Draft a Shariah compliance analysis for a given commercial arrangement

Week by Week Breakdown