CML 511: ADVANCED COMMERCIAL CONTRACT
Credits: 3(3-0-0)This course tries to give a deeper and contextual understanding the principles and drafting of commercial contracts, namely, sale of goods, agency, hire-purchase, distribution and franchise, service and maintenance, e-commerce, consultancy, and so on. This course is designed to look into greater depth and a more detailed and critical study of the law relating to these types of commercial contracts. This course will adopt a comparative approach by looking at the various jurisdictions such as namely America, England and Saudi Arabia. The objectives of the course are to inculcate specialized and advanced knowledge and skills to the students on the commercial contracts. This course is also aimed to develop the students’ ability to communicate ideas, theories and legal principles and also to identify the legal issues and apply the legal principles in any given facts situation.
CML 512 ADVANCED COMMERCIAL LAW (ARABIC)
Credits: 3(3-0-0)The course focuses on how to distinguish between the commercial actions and the civil actions, and the other various types of commercial actions. It analyzes the implications of this distinction from a legal, judicial and jurisprudential point of view. It defines the trade instruments as an important commercial application. It also defines discusses the laws relating to Bankruptcy, money laundering and sole property laws. Upon successful completion of this subject, students should be able to explain business as an economic, ethical and social activity; legal regulation and other considerations vital to a business and professional person in private or public practice.
CML 513 INTERNATIONAL ECONOMIC DISPUTE RESOLUTION
Credits: 3(3-0-0)The course provides an insight about the difficulties arising from international commercial transactions and the means by which such difficulties could be resolved and settled down through an amicable way such as: Negotiation, Arbitration, Mediation and Reconciliation. It also covers the law and procedure of dispute settlement under the WTO, especially the work and procedure of the panel and Appellate body and the problems in implementation of judicial decisions of the two institutions.
CML 525 ADVANCED COMPANY LAW (ARABIC)
Credits: 3(3-0-0) Prerequisite: CML 512This course is concerned with the regulations of commercial companies; both in terms of definition and identification of their types, foundation, dissolution, transformation, integration and liquidation. How to Organize and manage such corporations, finally to clarify the liability resulting from their actions.
CML 536 BANKRUPTCY LAW
Credits: 3(3-0-0) Prerequisite:CML 511This course provides theoretical and practical approaches concerning the Bankruptcy Law that was enacted in February 2018. The students will study and analyze the three main aspects regulated by this new bankruptcy Law and the implementing regulations: the composition proceeding, financial reorganization (or re-structuring) and liquidation procedures.
CML 537: ISLAMIC BANKING AND FINANCE
Credits: 3(3-0-0)The course provides information about important legal and Shariah issues in the working of Islamic banks especially the issues pertaining to application of modes of investment, process flow and procedure of banking transactions etc. The course will also deal with important problems and challenges faced by Islamic banks and how to resolve them. The course aims to offer an overall understanding of theories and principles of Islamic Finance in a current context. It provides an opportunity to study the structure of the Islamic banking and finance industry including its theoretical foundations, products, performance, Islamic financial instruments and risk management issues. It also aims to produce highly skilled professionals and valued Islamic Bankers and legal professionals who are helpful for the Islamic Banking industry. On the successful completion of this course, the graduates will be capable of analyzing and managing interest free Islamic Banking system. The course also deals with the prohibitions and permission in Islamic financial system such as riba, gharar and maysir (gambling) along with other prohibited activities.
CML 524: LEGAL RESEARCH AND METHODOLOGY
Credits: 3(3-0-0)This is a core course only for the thesis option and elective course for the non-thesis option. This course introduces legal research for Master of Commercial Laws. The course covers philosophy of research and theoretical perspectives underlying different research approaches in the social sciences. It also covers the topic on research techniques, developing statement of problems, hypothesis, research theme, writing of literature review, collection of data as well as legal writing techniques. It is aimed to develop student’s understanding on the foundational methods and techniques of academic research. This would enable the student to conduct research and produce research output which is relevant for professional research environment.
CML 540: CORPORATE GOVERNANCE (ARABIC)
Credits: 3(3-0-0)The course provides information and knowledge regarding various models and mechanisms of corporate governance; explains and identify the shareholder / stakeholder right and responsibilities; indicates the issues concerning the board of directors and management; explains the role of audit committees; analyzes the corporate scandals along with corporate best practices; and finally assesses the legislations on corporate governance and responsibility.
CML 541: PHILOSOPHY OF LAW
Credits: 3(3-0-0)The course aims to focus on the philosophy of law pertaining to various schools of jurisprudence such as: analytical, philosophical, historical, sociological, and natural schools. It will consider (analyze) the modern approaches of contemporary legal movements like the American and Scandinavian realism, and women jurisprudence. A comparative analysis between Islamic and Western legal philosophy will be made which includes the theories of punishment, purposes of law, sources of legal rights and obligations and so on. Beside western philosophy of law, the course will also deal with some legal principles which are applied by various jurists of Islamic law such as: Principle of Istiḥsān, Maṣlaḥah mursalah and Ṣadd al-dharā’i‘.
CML 542: SECURITIES REGULATIONS
Credits: Credits: 3(3-0-0)The course especially emphasizes on Capital Market Laws in Saudi Arabia, and its comparative study with the UK and US. It also provides the students an understanding of Securities Regulation, Management of Corporate Finance, Market Regulation, Enforcement registration process, corporate reporting, Financial Market Instruments, Institutions and functions Performed by Financial Markets and also the risk management. It introduces the concepts of financial sector regulation; identifies the core principles of financial sector regulation; assess and evaluate regulatory and supervisory problems in financial services, and develop ability to deal with regulatory and supervisory issues. On successful completion of the module students will be able to: outline the objectives of financial sector regulation; identify most common regulated financial services; outline the theoretical concepts of financial sector regulation; identify national and supranational regulatory bodies and regulation sources; attain sensitivity for regulatory and supervisory problems.
CML 543: CONSUMER PROTECTION & COMPETITION LAW
Credits: 3(3-0-0)The course covers two parts. The first part focuses on consumer protection law, including the law governing the consumer protection in KSA. The second part covers the Competition Law such as monopolistic agreements, misuse of market power, mergers/acquisitions; and enforcement issues including authorization and notification regime and remedies.
CML 544: ADVANCED INTELECTUAL PROPERTY LAW
Credits: 3(3-0-0)The course covers both national and international means of protection through national and international laws and treaties. It focuses on the trade related aspects of Intellectual Property Rights, mainly the copyright and related rights as well as the industrial property rights. The course deals with the contemporary legal issues affecting the intellectual property rights relevant to the enforcement, transfer of the rights in the commercial realm.
CML 545: TAXATION LAW (ARABIC)
Credits: 3(3-0-0)This course introduces Tax law from a technical and legal point of view; through a comparative study between the general rules that govern the tax laws in the world and the applied Tax of Income Law/1425 Hijra in the Kingdom of Saudi Arabia. It stresses the impact of these rules on the applied Zakat system in Saudi Arabia, which was issued in 1370 Hijra, this system gives the Kingdom the uniqueness in applying the dual system: Zakat and Taxes.
CML 546: INTERNATIONAL BANKING
Credits: 3(3-0-0)The course covers both management and institutional issues confronting the international banking. This would include the international banking and financial condition, evolution of international banking and operational issues. The regulatory and policy problems confronting international banks as well as the recent banking and financial crisis and its impact on international banking will be covered too. •
CML 600: THESIS