EMIEF700 Research Methodology
The course trains students on the research methodologies used in Islamic Finance; that are directly relevant to the academic and professional investigations needed for his degree in Islamic Finance. It offers an overview of the different approaches, considerations, and challenges involved in two major selections of research, i.e. quantitative and qualitative methodologies. Al-Huda University E-Library will be a rich source of information that helps students explore the research methods used (i.e. interviews, surveys, thesis, papers, conference proceedings…etc.)
Students will be able to come up with a reasonable plan or proposal for a good piece of research. This research plan or proposal will exclude any econometric methods or modelling because such topics will only be covered in specific research oriented courses.
Course Code: EMIEF700
Credit hours: 2
- Understand the philosophy of research and importance of history
- Appreciate the different methodologies employed in research
- Learn the correct tools of collecting and collating data and information
- Learn the different statistical techniques that can be used to test and measure the variables of research interest
- Appreciate the importance of proper design and techniques to be employed in conducting research
- Introduction to research: What is research? Structure of Research, Research Philosophy, Applied and Basic Research.
- Scientific Investigation: What is Scientific Investigation, Hallmarks of Scientific Research, the Hypothetic & Deductive Method.
- The Research (Design) Process I: Broad Problem Area, Preliminary Data Gathering, Problem Definition.
- Research Process for Applied and Basic Research: Broad Problem Area, Preliminary Data Collection, Literature Survey, Problem Definition, Ethical Issues in the Preliminary Stages of Investigation.
- Measurement of Variables: Operational Definitions and Scales, How Variables are Measured, Operational Definition (Dimensions and Elements), Scales, Operational Definition on and Scaling.
- Data Collection Methods.
Uma Sekaran, Research Methods For Business: A Skill Building Approach, Fourth Edition, John Wiley & sons, 2003.
Grading and Evaluation:
- Minimum passing grade 70%
- Participation: 30% (10 assignments, 3% each)
- Mid-Term exam: 20%
- Research paper: 20%
- Final exam: 20%
- Oral Exam 10%
Guidelines for Research Paper:
As part of the course, you are required to submit a research paper. The topic chosen must be relevant to the course and approved by the Instructor. The paper must meet the following requirements:
At least ten (10) double-spaced pages (not including the introduction and conclusion).
1 inch margins.
12 pt size (Times New Roman).
Follow the standard research paper structure with a Table of Contents, Abstract or Executive Summary, Introduction, Main Body, Conclusion, List of Reference.
The Main Body should be organized into logical chapters and paragraphs.
When quoting Hadith, a notation indicating its authenticity must be clearly.
- Post all your questions related to the course to the (Online Test) forum.
- If sending emails directly to the lecturer, please include appropriate label in the subject line (Action Required/Info/Admin) and allow up to 3 working days for reply.
- Limit telephone communication with the Lecturer to within specified office hours only.
- When leaving a voicemail, please clearly state your name, course code, and contact number.
To attend live – online lectures (on their scheduled time):
Access the course on-line by logging into Online School, accessible from
You will need a user name and password to:
- View the recorded lectures if you missed the live online ones.
- Interact with your teacher and classmates.
- Upload and submit your assignments, research papers, and exams.
- View your grades.
- All attempt must be made to submit assignments by the agreed due dates. Late submissions will be penalized.
- Weekly materials and graded assignments will be posted onto the site by Monday– in sha Allah.