Master of Science (Islamic Banking and Finance) is a coursework programme whereby students are required to take courses related to Islamic banking and finance to complete their studies.
This offering which involves collaborative programme management between IIUM Academy and the IIUM Institute of Islamic Banking and Finance (IIIBF) provides flexible teaching arrangement whereby courses will be taught during weekends in the modular mode. Such an arrangement will give greater opportunity for executives and working adults to manage their time for both work and study at the same time.
The programme is inter-disciplinary in nature whereby students are exposed to various aspects of Islamic banking and finance such as Shari’ah principles, Islamic banking and products and operations, accounting, risk management, takaful, Islamic capital market and wealth management.
Prior to graduation, students are required to produce a research paper in area of their interest within the boundary of Islamic banking and finance.
|Medium of Instruction
|Duration of Studies
|1 year (3 semesters)
|Islamic Financial System
|Transactions in Islamic Banking and Finance
|Financial Management Analysis
|Islamic Banking Products and Operations
|Islamic Capital Market
|Accounting and Risk Reporting for Islamic Financial Services
|Takaful and Re-Takaful
|Principles of Islamic Jurisprudence
|Legal Framework and Issues of Islamic Banking and Finance
|Islamic Wealth Management
As part of the graduation requirement, students are required to produce a research paper on a topic related to Islamic banking and finance under the guidance of an academic supervisor.
The following are some research areas that students may choose to write on:
Islamic Commercial Law
Islamic Investment Banking
Regulatory and Governance in Islamic Finance
Islamic Capital Markets and Instruments
Islamic Wealth Management and Takaful
Islamic Social Finance
Accounting and Auditing for Islamic Financial Institutions
Waqf, Zakat, and Sadaqah.
Philosophical Foundation of Islamic Banking and Finance
Thank you for your interest in enrolling for this programme. To apply for admission, please find the link below to the online application form.
Note: Only application with complete information shall be processed. Any incomplete submission may lead to rejection of the application.