Introducing the NAPS Bachelor of Business (Islamic Business) – 6 trimesters full-time or 12 trimesters part-time.

The NAPS Bachelor of Business (Islamic Business) [CRICOS Course Code: 109327E] degree is for students interested in a business degree which will empower them to take a key role in the rapidly expanding economies of Islamic nations.

Graduates will be able to offer their services to Shari’ah compliant businesses in Muslim nations or will have an advantage if they wish to work with companies or clients in non-Islamic states who deal with Islamic nations and or financial institutions, such as government, finance, import/export, mining, educational and not-for-profit agencies.

The Islamic Business Course includes essential Islamic units of study and builds upon 12 core subjects from the NAPS Bachelor of Business (Accounting). Graduates leave with a thorough grounding in critical business competency areas including accounting, finance, management and marketing, management as well as the principles of Shari’ah law. This gives them a rare, but very sought after combined understanding of both western and Islamic business cultures and practices.

The standard progression for the course comprises two trimesters per academic year. However, the Academy may offer an optional Summer Trimester, bringing it to a total of three trimesters per year. While the summer terms may be shorter than the standard trimesters, the volume of learning required would be the same as the first two trimesters. Depending on units offered, new students may also enrol in the Academy in the Summer Term.

For a list of units, see About Us / Our Courses. All units may not be offered every trimester.

Here is a sample Course Progression for the NAPS BBus (Islamic Business) full-time:

  • (P) indicates CPA and/or CA ANZ required unit.
  • ** indicates a unit is essential for applying to be a Certified Islamic Public Accountant (CIPA)

Level 100 Units

Unit Code

Trimester 1

Unit Code

Trimester 2

ACC101

Accounting for Decision Makers (P)(C)

MGT102

Introduction to Business Management (P)(C)

ECO101

Introduction to Economics (P)(C)

ACC102

Principles of Accounting (P)(C)

MKT101

Introduction to Marketing(C)

LAW101

Business Law (P)(C)

MGT101

Principles of Business Communication (P)(C)

ITS101

Business Statistics (P)(C)

Total Credit Points per trimester: 40

Level 200 Units

Unit Code

Trimester 3

Unit Code

Trimester 4

ACC201

Financial Accounting (P)(C)

ACC203*

Cost and Management Accounting (P)(C)

MGT201

Ethics and Governance (P)(C)

MGT203

Organisational Behaviour (P)(C)

LAW202

Principles of Shari’ah (C)

LAW201

Corporations Law (P)(C)

MGT207

Business Ethics in Shari’ah (C)

LAW203

Contractual Obligations in Islam (C)

Total Credit Points per trimester: 40 

Level 300 Units

Unit Code

Trimester 5

Unit Code

Trimester 6

LAW302

Tax Law (P)(C)

ACC303

Auditing and Assurance (P)

ACC308

Islamic Accounting Principles (C)

ECO301

Principles of Islamic Economics**

LAW303

Islamic Commercial Law (C)

FIN305

Principles of Islamic Banking**

 ACC202

*Accounting Information Systems (P) (C)/ Elective

*ITS201 

Intro to Information Systems (P)/Elective

Total Credit Points per trimester: 40. 


*NOTE: 

Students taking Islamic Business must:

1. Study the following additional units to qualify for CPA and CA professional requirements in place of year 3 electives:
• ACC202 Accounting Information Systems (P)
• ITS201 Intro to Information Systems (P)

2. Complete an extra semester by studying the following units:
• MGT206 Business Research Methods (P)
• ACC301 Corporate Accounting and Reporting (P)
• FIN201 Financial Management (P)
• ACC304 Current Issues in Accounting


Electives:

Electives: Any two of the following units

MGT202

Human Resources Management

MGT204

Introduction to Logistics and Supply Chain Management

MGT205

Managing Innovation in Business

MGT207

Business Ethics in Shari’ah

LAW202

Principles of Shari’ah

LAW203

Contractual Obligations in Islam

LAW301

International Business Transactions

LAW303

Financial Management (P)Islamic Commercial Law

LAW304

Advanced Tax Law

FIN301

Corporate Finance

FIN303

Investment Analysis

FIN304

Contemporary Islamic Finance

FIN305

Principles of Islamic Banking

FIN306

Islamic Capital Markets

ECO301

Principles of Islamic Economics

ACC302

Advanced Management Accounting

ACC306

Financial Statement Analysis

ACC308

Islamic Accounting Principles

 

 

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