Home › KCDIs › IIUM Institute of Islamic Banking and Finance ›

Master of Science in Islamic Banking and Finance (MIBF)

Master of Science in Islamic Banking and Finance (MIBF) is aimed at producing personnel who are well-versed in the principles and concepts of Islamic banking and finance through providing relevant education and training for practitioners in banking and finance industry to be conversant with all aspects of the operation of Islamic banking. The course is available on part time or full time basis.

Objectives

  1. To provide opportunity for graduate or individual with relevant working experience to acquire knowledge and training for a career in Islamic banking and finance.
  2. To train executives desiring specialization in Islamic banking and finance in order to assist in expanding the banking and finance industry.
  3. To provide opportunity for fresh graduates in related disciplines to pursue Master of Science in Islamic banking and finance in order to prepare them to enter the job market in Islamic banking and finance.

Programme Description

Printer-friendly versionSend to friendPDF version

Learning Outcome
Upon completion, students would be able to understand the principles, rules and practices of Islamic financial institutions. Moreover, students would be able to relate theories of Islamic banking and finance to economics, finance, accounting, management, law, Shari’ah,information technology and other related disciplines.


Programme Structure
A candidate should complete 10 courses of 3 credit hours each, for a total equivalent to 30 credit hours plus

        (a) A dissertation that is equivalent to 12 credit hours or
        (b) 6 credit hours of coursework and a research paper that are equivalent to 12 credit hours.

Students must attend 5 core courses and 5 other courses from the listed number of elective courses. Total credit hours upon graduation will be 42 credit hours.

Core Courses

Course Code Course Title
IBF 6110 Islamic Financial System
IBF 6111 Islamic Economics
IBF 6120 Transactions in Islamic Banking and Finance
IBF 6135 Financial Management Analysis
IBF 6910 Research Methodology

 

Elective Courses

Course Code Course Title
IBF 6310 Islamic Capital Market
IBF 6311 Risk Management of Islamic Financial Institutions
IBF 6312 Takaful and Re-Takaful
IBF 6140 Islamic Banking Products and Services
IBF 6112 Introduction to the Principles of Islamic Jurisprudence
IBF 6145 Ethics and Governance of Islamic Financial Institutions
IBF 6250 Accounting for Islamic Financial Institutions
IBF 6314 Legal Issues and Framework of Islamic Banking and Finance
IBF 6315 Islamic Wealth Management

 

Pre-requisite Courses

Apart from the abovementioned core courses and elective courses, candidates may need to register for pre-requisite courses depending on their qualifications. The pre-requisite courses for the programme are:

Course Code Course Title
IBF 5901 Business Statistics
IBF 5902 Financial Management
IBF 5903 Financial Accounting
IBF 5904 Money and Banking
IBF 5905 Principles of Economics
IBF 5906 Islamic Commercial Law I
IBF 5907 Islamic Commercial Law II
IBF 5908 Principles of Islamic Jurisprudence
IBF 5909 Financial Econometrics

 

Duration of Study
Full-Time  – 3 semesters (1 1/2 year)
Part-Time – 5 semesters (2 1/2 years)

Entry Requirements

  • Good bachelor degree or equivalent professional qualification; and
  • Proficient in English Language (IELTS 6.0 or TOEFL 550) or the IIUM administered English Placement Test (EPT)

TUITION FEE STRUCTURE

APPLICATION FORM

Courses