Economics in Islam is an important subject that provides a comprehensive overview of the Islamic economic system and its principles. This course will explore the framework of Islamic economics, the ethical principles it follows, and how this framework has been applied to various economic issues throughout history. Students will learn about topics such as zakat (alms tax) and riba (interest), Islamic banking, microfinance, Islamic insurance, and more. Additionally, we will also discuss modern applications of these teachings in today’s economy and their implications for financial markets. By the end of this course, students should be able to confidently analyze from an Islamic perspective any economic issue they may encounter.
Islamic economics is `the study of economics in the light of Islamic principles’, or `bringing economics in consonance with the Shari’ah’. But this would imply that the definition of the science of economics has a universal acceptability which it does not. Another way of defining Islamic economics would be to accommodate the latest and the least criticized definition of economics and qualify it with Islam.
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With advancements in technology, the education system has witnessed incredible changes and updates in its teaching patterns. International institutes are offering online education to students globally. While this change towards online education has been embraced by almost all facets of the education sector, some are doing it exceptionally well.
American International Theism University is a Religious institution that meets the requirements found in Section 1005.06(1)(f), Florida Statutes and Rule 6E-5.001, Florida Administrative Code are not under the jurisdiction or purview of the Commission for Independent Education and are not required to obtain licensure.
The title of AITU-issued degrees incorporates a religious modifier inside any of the accompanying degrees to consent to the Florida Department of Education, Commission for Independent Education Section 1006.06 ((1) (F): For instance, Associate of Arts, Associate of Science, Bachelor of Arts, Bachelor of Science, Master of Arts, Master of Science, Doctor of Philosophy, and Doctor of Education.
AITU offers educational programs that prepare students for religious vocations as ministers, professionals, or laypersons in ministry. Our programs include counseling, theism, education, administration, music, fine arts, media communications, or social work.
There are a variety of educational programs available at American International Theism University for students to join. These programs are designed to prepare students for real-life job experiences in their fields of choice. The majors available include Islamic Studies, counseling, social work, education, banking, finance, or business management. Students can choose to major in Grief Counseling, Education, Islamic Finance, or Business Administration for their degree programs.
[American International Theism University] holds International Accreditation from ASIC (Accreditation Service for International Schools, Colleges, and Universities) with Premier Status for its commendable Areas of Operation.
ASIC Accreditation is a leading, globally recognised quality standard in international education. Institutions undergo an impartial and independent external assessment process to confirm their provision meets rigorous internationally accepted standards, covering the whole spectrum of its administration, governance, and educational offering. Achieving ASIC Accreditation demonstrates to students and stakeholders that an institution is a high-quality education provider that delivers safe and rewarding educational experiences and is committed to continuous improvement throughout its operation.
About ASIC: One of the largest international accreditation agencies operating in 70+ countries, ASIC is recognised in the UK by UKVI – UK Visas and Immigration (part of the Home Office of the UK Government), is ISO 9001:2015 (Quality Management Systems) Accredited and is a Full Member of The International Network for Quality Assurance Agencies in Higher Education (INQAAHE), a member of the BQF (British Quality Foundation), a member of the International Schools Association (ISA), and an institutional member of EDEN (European Distance and E-Learning Network).
AITU Scientific Research Journal invites researchers, scholars, and academicians to submit their original research for consideration. By contributing to our journal, you have the opportunity to contribute to the advancement of knowledge, drive innovation, and make a lasting impact on your field. Together, let us embark on a journey of discovery, pushing the boundaries of scientific research, and shaping the future of academia.
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