This course gives students an insight into the theory, concept and practice of international trade, and critically examines the mechanics of various modes of trade settlement both in Islamic and conventional perspectives. Special focus will be on documentary collection and documentary credits, an area of knowledge much sought-after by bankers, executives, lawyers, exporters and importers. Students will also explore various banking facilities available for financing international trade such as export credit refinancing and the mechanic of foreign exchange that facilitates this trade. Analytical study on relevant topics in foreign exchange will serve to enrich students knowledge of the course.