The Assessed Assignment One

Academic Year: 2021-22 Semester: One

Module code: J3W6 04 Module title: APPLIED ISLAMIC BANKING AND INSURANCE

Module Leader: Dr Ataollah Rahmani Module Tutors: Dr Ataollah Rahmani, Dr Alija Avdukic, Dr
Mohammad Alsaghiri

Assessed Assignment Question One Weighting: 40%

A critical review of one recent research article from relevant academic refereed journals.

Choose one recent academic Article from a reputed refereed journal with the topic relating to the issue of Shari’ah
compliance and regulatory framework of Islamic banking and Takaful (Islamic insurance). The paper should be recent and

dated no earlier than January 2015. Articles before January 2015 will not be accepted. Your tutor will need to approve the
Article you have selected before you attempt this assignment.

You are required to write a critical review of the chosen Article. The word count limit is 2000 words maximum. Your review
should address the following:

• Identify the main focus and arguments of the author(s). (Don’t get stuck in examples!)
• Identify any explicit theory used in the paper and any implicit approach that the author(s) might have.
• Identify the evidence base used to support the arguments
• Briefly note any concerns you have about (a) use of theory; (b) reliability and validity of evidence base
• Ask yourself questions about the study, such as:
• What problems/issues does each paper address? Why is it important? Is the method good? Are the findings
supported by evidence? Are they unique and supported by other work in the field?
• Critically discuss the merits of the key ideas advanced by the author.

Assessment Hand-in requirements

Mode of Working: Individual report

Presentation Format: Essay

Marks required to pass: 50 out of 100 marks

Assessment limits (words and presentation timings): 2000 words excluding references and appendices

Hand in date: 27 Oct 2021 - 14:00

Hand in Platform: Turnitin facility through Moodle

Learning Outcomes
Tested for this piece of The following learning outcomes are tested in assignments of this modules:
assessment
 • Understand how to apply and evaluate the integration of Shari’ah compliance
principles and regulatory frameworks into all aspects of Islamic banking and
takaful operation.
• Critically evaluate the issues within the evolvement of product structures,
services, control and governance system in Islamic banking and takaful
industry
Assessment Criteria for
this assessment • Demonstrate an ability to critically review literature, synthesise and contrast
viewpoints and draw conclusions. In particular, be able to identify the key
focus, and critically evaluate explicit theory/implicit research approaches
employed, research methods, evidence base used to support the arguments, and
strengths and limitations/weakness of academic works.
• Ability to communicate effectively: logical, well structured, clear and concise
writing; convincing, coherent arguments and recommendations; free of
spelling and grammatical errors. Consistent Citation and Referencing system