Master of Science in Islamic Finance
Kuala Lumpur, Malaysia
MSc
DURATION
6 years
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
EARLIEST START DATE
Jan 2027
TUITION FEES
MYR 38,180 *
STUDY FORMAT
On-Campus
* RM 46,643.60 (approximate equivalent to USD 10,577 at exchange rate of 4.41)**
Key Summary
19th International Shari'ah Scholars Forum Shariah Decision-Making In The Islamic Financial Industry: Defining Principles And Controlling Practices 21st - 23th October, 2024 18th- 20th Rabi’ Thaani 1446 A.H. Pullman Kuala Lumpur City Centre, Malaysia
Why Choose Master of Science in Islamic Finance (MSc)?
The INCEIF MSc programme imparts comprehensive knowledge in Islamic finance, Islamic economics, and Shariah, covering both theoretical and applied aspects. Upon completion, you will have a deep understanding of Islamic financial services’ economic, financial, and legal environment and be equipped as a leader in both conventional and Islamic finance.
The INCEIF MSc programme is a face-to-face programme that offers you:
- In-depth knowledge of both conventional and Islamic finance
- Networking opportunities with other INCEIF University students
- Exposure to real-world applications and industry practices
- Opportunities for collaborative projects and research
- Evening classes allow you to balance study with professional commitments without sacrificing work responsibilities.
List of Courses
- Economics for Islamic Finance
- Islamic Jurisprudence and Law
- Islamic Law of Contracts
- Research Methodology in Economics and Finance
- Corporate Finance
- Islamic Banking
- Islamic Capital Market
- Strategic Planning and Decision Making
- Action Based Learning
- Islamic Portfolio Management
- Monetary Economics
- Financial Econometrics
- Risk Management for Islamic Financial Institutions
- International Finance
- Accounting for Islamic Financial Transactions
- Takaful Operations
- Advanced Econometrics
- Financial Modelling
- Islamic Wealth Planning Management
- Mathematical Methods for Economics and Finance
- Project Paper
At the end of the MSc in Islamic Finance programme, graduates should be able to:
- Analyse, evaluate and synthesise knowledge related to issues and development in Islamic Finance and related areas.
- Demonstrate competence in using appropriate techniques for Islamic finance and related areas.
- Identify key problems in Islamic finance and related areas, analyse the environment, and provide potential solutions using a wide range of media and technology, as well as scientific and visual data.
- Demonstrate teamwork qualities through communicating and working effectively with peers. Possess leadership qualities with autonomy and responsibility.
- Perform independent research in Islamic finance areas and related areas.
- Demonstrate personal and entrepreneurial competency.
- Conduct themselves professionally and in compliance with good ethics and governance practices.


