Prospective Students > Masters Programme > Master of Islamic Finance

Master of Islamic Finance

The Master of Islamic Finance (MIF) aims to impart knowledge on intrinsic Islamic values and ethics, providing a comprehensive view of Islamic finance, and the skills relevant to the practice of Islamic finance in the current era of globalisation. The MIF programme is taught in English on a full-time (one and a half years) and part-time (two – four years) basis, commencing August of each academic year.


Programme Structure

The programme comprises of 12 modules, which consist of 9 core and 3 optional modules. The credit requirement to graduate is 48 modular credits: 36 modular credits of ninecore modules and 12 modular credits of three optional modules.


Full Time Part Time

Semester 1
Semester 1

Semester 2
  • BI-5105 Islamic Transaction
  • BI-5106 Accounting for Islamic Finance
  • BI-5107 Risk Management in Islamic Finance
  • 1 optional module
Semester 2

Semester 3
  • BB-5110 Business Ethics and Corporate Social Responsibility
  • BI-5108 Investment in Islamic Finance
  • 2 optional modules
Semester 3
  • BB-5110 Business Ethics and Corporate Social Responsibility
  • BI-5104 Islamic Micro Finance
  • BI-5108 Investment in Islamic Finance

Semester 4
  • BI-5107 Risk Management in Islamic Finance
  • 1 optional module

Semester 5
  • 2 optional modules



List Optional Modules

Three optional modules (4 modular credits each) may be selected from the following:

BI-5301 Shariah Audit
BI-5302 Legal Issues in Islamic Finance
BI-5303 Practical Training and Reporting (Industrial Attachment)

Note: Students can also take any modules offered in other master programmes within the faculty after a consultation with the programme leader/graduate coordinator


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