This course introduces one of the most important emerging fields of finance i.e. Islamic Banking and Finance. It will help to develop an understanding of the rapidly evolving and attention-grabbing theory of Islamic finance. It is specially designed to give students an understanding of the fundamental norms and financial instruments of Islamic finance as applied to commercial banking that set it apart from the conventional banking system. The outcome of the course is an understanding of the Shariah-compliant commercial banking system covering the deposit and financing products and fee-based services.