Masters in Islamic Finance Practice

Awarding body: INCEIF – International Centre for Education in Islamic Finance

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  • A recognised Bachelor’s Degree in Muamalat and Islamic Finance (MIF) or its equivalent with a minimum CGPA of 2.5 out of 4.0.
  • Candidates without MIF Bachelor’s Degrees may be admitted and will be required to take prerequisite courses in Islamic Economics, Quantitative Method, Shariah Aspects of Business and Financial & Managerial Accounting to adequately prepare the students for their advance studies.
  • Candidates with CGPA of below 2.5 but above 2.0 may be admitted subject to any additional assessment required and approval from INCEIF.
  • Financial Management and Accounting
  • Quantitative Method
  • Economics for Islamic Finance
  • Shariah Aspects of Business and Finance
  • Shariah Rules in Islamic Financial Transactions
  • Ethics and Governance
  • Accounting for Islamic Finance
  • Islamic Insurance
  • Islamic Banking Practices
  • Structuring of Financial Requirements
  • Risk Management for Islamic Financial Institutions
  • Financial Services Marketing
  • Islamic Capital Market
  • Practice Paper

*To complete 1 paper only

  • Islamic Wealth Planning and Management
  • Shariah Issues in Islamic Finance
  • Shariah Audit and Compliance
  • Commercial Law and Legal Documentation for Islamic Financial Services
Minimum : 1 year
Maximum : 2 years

*INCEIF reserves the right to change the fees without prior notice

Total Fee For 15 Courses 33,000 Malaysian Ringgit
Fee Per Course 2,200 Malaysian Ringgit
Application Processing Fee 30 US Dollars