1st Edition

Teaching and Research Methods for Islamic Economics and Finance

Edited By Mohd Ma'Sum Billah Copyright 2022
    410 Pages 58 B/W Illustrations
    by Routledge

    410 Pages 58 B/W Illustrations
    by Routledge

    Methods and techniques adopted in teaching, training, learning, research, professional development, or capacity building are generally standardized across most traditional disciplines, particularly within developing countries. This is not the case, however, when it comes to the Islamic disciplines, and, in particular, in relation to the study of Islamic economics and finance, which is influenced by conventional standards and techniques. This is primarily due to the lack of availability of the requisite standards and mechanisms designed within the spirit of Maqsid al-Shari’ah.

    This book offers a unique resource and a comprehensive overview of the contemporary methods and smart techniques available for teaching, learning, and researching Islamic eco-finance, and it presents solutions to the challenges in implementing them. Further, the book gives deep insight into the most appropriate methodologies that could be employed empirically to explore, model, analyze, and evaluate Islamic finance theories and models, respectively. It also gives recommendations for improving learning, teaching, and research outcomes in Islamic eco-finance. The book also addresses how, in this advanced technological era, smart tools like artificial intelligence, machine learning, big data, Zoom, and the internet of things can be adapted to help equip students, researchers, and scholars with smart skills.

    The book will enable those studying Islamic economics and finance to grasp the appropriate tools for research and learning. Additionally, the Islamic economics and finance sector is growing at a significant rate and therefore requires the upskilling and capacity building of its human resources; thus, the book will also be highly beneficial for practitioners involved in the industry.

    Introduction Part I. An Overview: Research and Teaching Methods for Islamic Economics and Finance 1. A Critical Survey on Methodologies and Techniques Adopted in Teaching Islamic Economics and Finance Globally 2.Methodological Structure in Designing Academic Programs for Islamic Economics and Finance 3. SWOT Analysis on Research Methodologies and Techniques Adopted in Islamic Economics and Finance 4. Methodologies and Smart Techniques Recommended in Analyzing Maqasid al-Shari’ah for Islamic Economics and Finance 5. Mainstream Methodologies for Analyzing Fiqh in Governing Islamic Economics and Finance 6. Methods of Teaching, Learning and Research in Islamic Finance: The Case of International Islamic University Malaysia (IIUM) 7. Impact of the Shift from Real Economy Towards the Financial Economy in Deriving New Rules (Istinbāt) in Mu'amalāt Part II. Smart Teaching Methods for Islamic Economics and Finance 8. Developing Pedagogical Methodologies in Teaching Islamic Economics 9. Application of SCL, PBL and MM in Teaching Islamic Economics and Finance 10. Challenges and Prospects in Adopting Ideal Methodologies in Teaching Islamic Finance 11. Impact of e-Learning Techniques in Conducting the Professional Shari’ah Audit Training and Employability Prospects During the COVID-19 12. Effects of Teaching and Learning through Zoom Application 13. Rational Outlook of Teaching and Learning Islamic Economics and Finance through the Zoom Application 14. Impact Analysis of Teaching and Learning Islamic Economics and Finance through Zoom Cloud Meeting Part III Smart Research Methods for Islamic Economics and Finance 15. Methodologies and Smart Techniques Recommended in Analysing Qur'anic Principles for Islamic Economics and Finance 16. Harmonization of Mainstream Techniques with Maqasid Based Methodology for Islamic Economics and Finance Research 17. Standard Methodology for Research in Islamic Economics and Finance 18. Recommended Methodology for Research in Islamic Economics and Finance 19. Acceptable Methodology Recommended for Research in Islamic Finance 20. The Best Methodology Recommended for Research in Islamic Finance 21. Challenges in Applying Standard Methodology for Research in Islamic Economics and Finance and the Way Forward 22. Challenges Faced in Adopting Standard Methodologies for Research in Islamic Finance and the Way Out

    Biography

    Mohd Ma’Sum Billah is a Senior Professor of Finance, Insurance, Fintech, and Investment at the Islamic Economics Institute, King Abdulaziz University, Jeddah, Kingdom of Saudi Arabia.