INCEIF The Global University of Islamic Finance

Introduction

Established by Bank Negara Malaysia to develop talent for the global Islamic finance industry, INCEIF – the Global University of Islamic Finance – is on its way to becoming a respected leader in Islamic finance. Nearly a decade after its inauguration, INCEIF is consistently producing graduates in Islamic finance studies, the majority of who have found employment in regulatory bodies, academic and financial institutions all over the world.

Business first

Fuelled by an increasing appetite for Shariah-compliant products from increasingly sophisticated consumers and investors, the Islamic finance services industry is experiencing growth which can only be sustained through innovations delivered by a new generation of innovative business thinkers. INCEIF students graduate with a global outlook, well-versed in modern corporate finance and Shariah principles, and ready to compete in a technology-driven age of global finance.

INCEIF’s Masters in Islamic Finance Practice course modules cover a wide range of critical topics ranging from wealth management, banking and investment to financial services, ethics and governance. The programme will provide students with a comprehensive and practical understanding of Islamic economics, finance and Shariah as well as the environment in which Islamic finance players operate within.

The MSc in Islamic Finance offers in-depth education in the key areas of Islamic economics, finance and Shariah from both the theoretical and applied aspects. The course modules enable students to have a comprehensive understanding of the economic, financial and legal environment in which providers of Islamic financial services operate. The programme is designed to produce professionals equipped with expertise in both conventional finance and Shariah.

The INCEIF Doctoral programme has been developed to produce scholars of international standing, with a PhD programme structured to enable students to acquire the technical and intellectual ability needed to pursue research across a broad range of areas in Islamic finance.

An impressive faculty

INCEIF counts some of the best brains in Islamic finance among its faculty. Faculty members include Prof. Abbas Mirakhor, former Executive Director at IMF who is currently First Holder, INCEIF Islamic Finance Chair; Prof. Rodney Wilson, one of the pioneers in the Islamic Finance academia; and Prof. Datuk Rifaat Ahmed Abdel Karim, first secretary-general of both Islamic Financial Services Board (IFSB) and Accounting and Auditing Organisation for Islamic Financial Institutions, and currently CEO of International Islamic Liquidity Management.

In addition to creating academic programmes, INCEIF has also collaborated with international institutions such as The World Bank, IFSB and the Islamic Development Bank to offer executive programmes and research in Islamic Finance targeted at international audiences including in Japan, Turkey, Luxembourg, Ireland and Senegal.

A supportive international campus

The international appeal of INCEIF programmes has attracted students of all ages, faiths and socio-economic backgrounds from over 80 countries, creating a diverse campus community.

The INCEIF Knowledge Management Centre (KMC) is the most comprehensive of its kind on Islamic Finance. The KMC provides learning resources and services in both physical and digital formats to support the teaching and research programmes of the University as well as the global Islamic finance industry, with resources on both Islamic and conventional finance as well as economics, banking, history and related subjects.

The INCEIF campus is 15 minutes away from the city centre of Kuala Lumpur, Malaysia; one of the most vibrant Islamic financial markets in the world and one of Asia’s most livable cities. The campus grounds house a trio of three-storey-high main buildings and features impressive facilities including a large-capacity auditorium, classrooms, a three-metre-deep swimming pool and separate gyms for men and women.

This school offers programs in:
  • English

View MSc » View master programs »

Programs

This school also offers:

Master

Masters in Islamic Finance Practice

Campus or Online Full time Part time January 2017 Malaysia Kuala Lumpur

The Masters in Islamic Finance Practice (MIFP) programme is a postgraduate course aimed at producing industry practitioners with global insight, holistic knowledge and cutting-edge expertise in Islamic Finance. [+]

Nurturing Future Captains of the Islamic Finance Industry The Masters in Islamic Finance Practice (MIFP) programme is a postgraduate course aimed at producing industry practitioners with global insight, holistic knowledge and cutting-edge expertise in Islamic Finance. It is accredited by the Malaysian Qualifications Agency (MQA), and is designed by renowned international thought leaders, academicians and experts from both conventional and Shariah financial fields, ensuring that scholars graduate with a working knowledge of both disciplines. The course modules cover a wide range of critical topics ranging from wealth management, banking and investment to financial services, ethics and governance. The programme will provide students with a comprehensive and practical understanding of Islamic economics, finance and Shariah as well as the environment in which Islamic Finance players operate within. Benefits of On Campus Study The Malaysian Advantage Experience Islamic finance in action in the cradle of modern Islamic finance where strong regulatory support has spearheaded a robust industry. Network With Industry Experts In addition to attending regular classes and tutorials, students interact with industry experts during the regular industry talks where invited industry speakers give presentations on the practical aspects of Islamic finance. Online Distance Studies Online students can register and sit for the examinations in Malaysia or elsewhere in the world. E-Learning with study material Each semester, students are provided study and reference material in hardcopy and softcopy. Students are strongly supported through e-learning forums. Similar duration as On-Campus study By taking the full number of papers each semester, online students can complete 15 papers in 12 months, the same as on-campus students. Online students who do not attend the face-face tutorials may participate in e-tutorial (webinar) sessions where they can communicate directly with the lecturers. Option for exam venue Students can choose between taking their Final examination in Malaysia or in their country of residence. Entry Requirements Applicants who wish to enrol in this programme must possess one of the following: Bachelor’s Degree with minimum CGPA 2.50 (any discipline); or Diploma/STPM/Matriculation/A-Levels certification (or the equivalent qualifications) with minimum 5 years relevant working experience; must be aged over 35 years old on the 1st January of the application year; or Diploma/STPM/Matriculation/A-level holder or equivalent, aged between 30-35 years old, may apply by submitting the certificate of Accreditation of Prior Experiential Learning (APEL) from Malaysian Qualification Agency (MQA) Potential students must also be competent in English to actively participate in class and group discussions, fulfilling at least one of these criteria: Test of English as Foreign Language (TOEFL) with a score of 550; or International English Language Testing System (IELTS) level 6; or Malaysian University English Test (MUET) band 4 MASTERS IN ISLAMIC FINANCE PRACTICE MIFP is a professional degree. The programme has strong theoretical underpinnings; its primary purpose is to offer knowledge for application in professional practice. It prepares a student for a life of practice in the student’s particular profession. It provides students with the fundamental knowledge as well as competencies on which they can build upon to advance their careers upon graduation. It equips graduates with managerial and decision-making skills. It may serve as preparation for advanced studies at the doctoral level. [-]

MSc

Master in Science in Islamic Finance

Campus Full time January 2017 Malaysia Kuala Lumpur

The MSc in Islamic Finance offers in-depth education in the key areas of Islamic economics, finance and Shariah from both the theoretical and applied aspects. The course modules will enable students to have a comprehensive understanding of the economic, financial and legal environment in which providers of Islamic financial services operate. [+]

The MSc in Islamic Finance offers in-depth education in the key areas of Islamic economics, finance and Shariah from both the theoretical and applied aspects. The course modules will enable students to have a comprehensive understanding of the economic, financial and legal environment in which providers of Islamic financial services operate. The objective of the programme is to produce professionals equipped with expertise in both the conventional finance and Shariah. INCEIF has received approval from Ministry of Higher Education to launch the MSc in Islamic Finance, in lieu of Masters in Islamic Finance (MIF), beginning September 2013. The MSc in Islamic Finance would be awarded to students enrolling from September 2013 onwards. The Malaysian Advantage Experience Islamic Finance in action in the cradle of modern Islamic Finance where strong regulatory support has resulted in a robust industry. Network with Industry Experts In addition to attending regular classes and tutorials, students interact with industry experts during the regular industry talks where invited industry speakers give presentations on the practical aspects of Islamic Finance. Entry Requirements Applicants are required to have a Bachelor’s degree. English proficiency is also a must. Applicants whose native language is not English must have one of the following: Test of English as Foreign Language (TOEFL) with a score of 550; OR International English Language Testing System (IELTS) level 6 Exceptions from English language competency can be given to those whose medium of study at entry level is English. It is essential that all candidates speak write and understand English fluently. The greater your fluency in English, the more you will benefit from the programme for the following reasons: Lectures are participative, and you need to follow the class discussion and participate Your study group will require you to take an active role MSc in Islamic Finance is an academic degree. The programme has strong theoretical underpinnings; its primary purpose is to offer knowledge for application in professional practice. It prepares a student for a life of practice in the student’s particular profession. It provides students with the fundamental knowledge as well as competencies on which they can build upon to advance their careers upon graduation. It equips graduates with managerial and decision-making skills. It may serve as preparation for advanced studies at the doctoral level. The fee for candidates entering the MSc of Islamic Finance is the same for both Malaysia and international candidates. Fees include tuition and support facilities for the entire MSc programme. The fee does not include living expenses, which will vary according to an individual’s individual circumstances and lifestyle. [-]

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About INCEIF

Contact

INCEIF - The Global University Of Islamic Finance

Address Lorong Universiti A
59100 Kuala Lumpur, Malaysia
Website http://www.inceif.org/
Phone +60 3-7651 4000