KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES

KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES

Department of Finance

Department of Finance


The Department of Finance (DOF) is the latest department established within the Kulliyyah of Economics and Management Sciences (KENMS).  The need for the new department was recognized after realizing the shortage of Islamic banking and finance professionals worldwide.  Islamic banking and finance has grown rapidly in recent years, propelled further by the current global monetary meltdown.  There is now increased demand for experts in the areas of Islamic banking, Islamic capital markets, Takaful, Islamic wealth management, Islamic financial planning, Wakaf management etc.

The Malaysian government has recognized Islamic banking and finance as one of the sectors that would contribute significantly to the growth of the country in coming years.  This is both in the education and practical aspects of it.  Malaysia is aspiring to produce 40,000 professionals in this field by the year 2020 and also position itself as the global hub for Islamic banking and finance education.

Accordingly, the new department was hence established to produce quality Islamic banking and finance professionals imbued with Islamic values to address this gap.  This department of Kulliyyah (KENMS)is specially geared to working closely with PEMANDU in order to help the country realize its aspirationsby 2020 in this aspect.

The Department of Finance would initially focus on offering the Bachelor of Science (B.Sc.) in Islamic Banking and Finance programme.  It plans to take its first batch of students in Semester I, 2011/12 in September 2011. Currently the Department of Finance is offering Master of Science (M. Sc.) in Finance.

Head: Dr. Sharifah Raihan Syed Mohd Zain 

Phone: 03-6196 4794 / 3628 

Fax: 03-6196 4850 

e-mail: sraihan@iium.edu.my