MARKS: 10
TOPIC TO BE TESTED:• Islamic and Non Islamic financing
• Capitalism and Islamic sharia (Islamic economic system)
LEARNING OBJECTIVES:
• To develop an understanding of Islamic and Non Islamic financing at fundamental
level.
• To understand the mechanism and effects of capitalism and Islamic sharia”.
Suppose you are invited on a seminar as an expert in the area of Islamic financing and
economy. This seminar will elaborate the concept “Islamic financing and Price
mechanism under capitalism and Islamic economic system”.
You are required to clarify your audience about:
1. Islamic and Non Islamic financing.
2. Settlement of market forces under capitalism and their impact on society.
3. Price settlement for transactions under Islamic economic system by discussing certain
imposed restrictions.
Note: Discussion should be based on logical arguments.
ASSIGNMENT QUESTION
ASSIGNMENT NO # 01
IMPORTANT:
Grace period of extra 24 hours after the due date is usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
IMPORTANT INSTRUCTIONS
• Take help from internet for collecting the information.
• Carefully watch relevant lectures and consult the relevant material from handouts along with recommended books.
• Attempt the assignment by yourself and it will be entertained positively.
OTHER IMPORTANT INSTRUCTIONS:
DEADLINE:
• Make sure to upload the solution file before the due date on VULMS.
• Any submission made via email after the due date will not be accepted.
FORMATTING GUIDELINES:
• Use the font style “Times New Roman” or “Arial” and font size “12”.
• It is advised to compose your document in MS-Word format.
• You may also compose your assignment in Open Office format.
• Use black and blue font colors only.
RULES FOR MARKING
Please note that your assignment will not be graded or graded as Zero (0), if:
• It is submitted after the due date.
• The file you uploaded does not open or is corrupt.
• It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
• It is cheated or copied from other students, internet, books, journals etc.
Note related to load shedding: Please be proactive
Dear students!
As you know that Pre Mid-Term semester activities have been started and load shedding problem is also prevailing in our country now a days. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments, quizzes or GDBs.
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