Major Title: International Finance and Participation Banking
Major Description:
This major provides a comprehensive understanding of global financial systems with specialized focus on participation (Islamic) banking principles. Students will explore key areas such as international capital markets, cross-border transactions, risk management, and Sharia-compliant financial instruments. The program emphasizes ethical finance, comparative banking systems, and the growing field of participation banking to prepare students for careers in international financial institutions, Islamic banks, and multinational corporations.
Learning Objectives:
- Understand the fundamentals of international finance and participation banking
- Analyze global financial markets and Islamic financial systems
- Develop skills in Sharia-compliant financial product development
- Master risk assessment in cross-border financial operations
- Learn ethical investment strategies and profit-sharing models
- Understand regulatory frameworks for international and Islamic finance
- Apply financial technology solutions in participation banking
Core Curriculum:
- Global Financial Systems
- International monetary systems
- Foreign exchange markets and currency risk
- Participation Banking Principles
- Foundations of Islamic finance
- Comparison with conventional banking systems
- Sharia-Compliant Financial Instruments
- Murabaha, Mudaraba, Musharaka structures
- Sukuk (Islamic bonds) and Islamic funds
- International Corporate Finance
- Cross-border investment strategies
- Mergers & acquisitions in global markets
- Risk Management in International Finance
- Country risk assessment
- Hedging strategies in Islamic finance
- Financial Technology in Ethical Banking
- Blockchain applications in participation banking
- Digital Islamic banking solutions
- Comparative Banking Regulations
- Basel Accords and Islamic finance
- International compliance standards
- Ethical Investment and ESG Principles
- Socially responsible investing
- Islamic ESG frameworks
Specialization Tracks:
- Islamic Capital Markets
- International Trade Finance
- FinTech for Ethical Banking
Practical Components:
- Case studies of major Islamic financial institutions
- Simulation of international financial transactions
- Sharia board decision-making exercises
Career Pathways:
- International Banking Specialist
- Islamic Financial Analyst
- Cross-border Investment Advisor
- Participation Banking Consultant
- Financial Compliance Officer
Industry Certifications Prepared For:
- Certified Islamic Finance Professional (CIFP)
- Financial Risk Manager (FRM)
- Chartered Financial Analyst (CFA) with Islamic finance focus
This program uniquely bridges conventional international finance with the rapidly growing $3 trillion Islamic finance industry, equipping graduates with expertise to operate in both Western and Middle Eastern financial markets while adhering to ethical banking principles.
