The MIFM is the first degree in Islamic financial management at KSA.
It focuses on financial management and answers real needs apparent in the industry.
It is the outcome of an innovative collaboration between Effat University and the Ecole Supérieure des Affaires (ESA), a Middle East business school renowned for the training it offers in the principles of Islamic finance (The Bankers, 2007), and the Rotterdam School of Management (RSM), a business school ranked among the top 10 by the Wall Street International Ranking and internationally famous for the quality of its financial management programs.
Effat University partnered with Shariyah Review Bureau (SRB) to secure its Shari’a Review services for its Masters Program in Islamic Finance. SRB is the Middle East based Supervisory orientated consulting firm with a scholarly presence in more than 7 countries from MENA and Asian region. SRB reviewed and meticulously studied the referential authenticity of the sources used to make up the program and validated the program's recognition in light of Shari’a standards issued by Accounting & Auditing Organization for Islamic Financial Institutes (AAOIFI).
The MIFM Philosophy
The MIFM Program embraces both Islamic and conventional finance. Islamic finance benefits from the insights and the excellent technical instruments developed by conventional finance; conventional finance enjoys a broader scope by recognizing and including the ethical underpinning of the Islamic finance industry. This view thus expands the potential of the field of finance and offers a clear strategic edge to firms that can modify their mindsets. In particular, MIFM offers this key benefit to its students.
The MIFM program contains a balanced mix of conventional and Islamic finance modules. This structure enables students to gain a clear overview of the similarities, divergences, and synergies between Islamic and conventional finance and prepares them to hold key positions in the Islamic banking industry.
The Masters in Islamic Financial Management (MIFM) program strives to fulfill the potential of Islamic finance by educating a new generation of managers that will benefit from the synergies between Islamic and conventional finance.
The mission of the Masters in Islamic Financial Management (MIFM) program is to cater to a wide range of managers in conventional and Islamic financial institutions including investment bankers, portfolio managers, and risk management specialists. The program distinguishes itself by providing the necessary management techniques in fulfilling the potential of Islamic finance applications, assessing risk, evaluating performance and efficient decision making, in order to strive in a highly competitive industry.
This school offers programs in:
Last updated January 26, 2018