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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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.
The American International Theism University is accredited by Accreditation Service for International Schools, Colleges and Universities (ASIC). ASIC accreditation helps students and parents make a more informed choice and will also help a school, college, university, training provider or distance education provider, demonstrate to the international student body that they are a high quality institution.
ASIC is recognised by UKVI in UK, is a member of the CHEA International Quality Group (CIQG) in USA and is listed in their International Directory, is a member of the BQF (British Quality Foundation) and are institutional members of EDEN (European Distance and E-Learning Network).
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