Masters in Islamic Finance Practice (MIFP)
Kuala Lumpur, Malaysia
Master degree
DURATION
4 years
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
EARLIEST START DATE
Jan 2027
TUITION FEES
MYR 30,860 *
STUDY FORMAT
On-Campus
* RM 39,181.20 (approximate equivalent to USD 8,885 at exchange rate of 4.41)**
Key Summary
About: The Masters in Islamic Finance Practice (MIFP) is a postgraduate programme that prepares industry practitioners with global insight and expertise in Islamic finance. Designed for working professionals, it uses contemporary cases and guidance from leading experts, action-based learning with real-life consulting, electives and peer networking. INCEIF's Kuala Lumpur campus sits next to the financial district and includes teaching and research facilities and career networking.
Career Outcomes: Graduates can work across Islamic banking, finance and related financial services. Typical careers include Islamic finance practitioner, Shariah advisor, Islamic banking manager, risk/compliance officer, and roles in sukuk structuring and takaful product teams.
Why Choose Masters in Islamic Finance Practice (MIFP)?
The MIFP programme is a postgraduate course aimed at producing industry practitioners with global insight, holistic knowledge and cutting-edge expertise in Islamic finance. Designed for working professionals, our comprehensive MIFP programme takes you beyond Islamic finance and prepares you as an industry expert.
- Masters Program in Islamic Finance designed for Practitioners
- Learn from contemporary cases and current problems to solve with the guidance of leading experts in their respective fields
- Participate in our unique action-based learning that provides students with real-life consulting experience as part of your curriculum
- Choose your own special interest courses from our diverse range of elective subjects
- Benefit from the experience and networking with students from all over the globe
List of Courses
- Data Analytics for Business
- Ethics and Professionalism
- Islamic Economic System and Institutions
- Shariah Aspects for Business and Finance
- Business Strategy and Policy
- Shariah Rules and Issues
- Action Based Learning
- Islamic Capital Market
- Islamic Banking Practices
- Accounting for Islamic Finance
- Wealth Planning Management
- Audit and Compliance
- Social Finance
- Islamic Insurance
- Commercial Law and Legal Documentation for Islamic Financial Institutions
- Risk Management for Islamic Banks
- Portfolio Management
- Sustainability Management and Investment
- Project Paper
At the end of Masters in Islamic Finance Practice programme, graduates should be able to:
- Analyse, adapt and apply knowledge related to issues and development in Islamic finance industry.
- Demonstrate competency and skills in using appropriate techniques for Islamic finance industry.
- Identify key problems in Islamic finance and related industries, analyse the environment, and provide practical solutions using a broad 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.
- Demonstrate personal and entrepreneurial competency.
- Conduct themselves professionally and in compliance with good ethics and governance practices.