Masters in Islamic Finance Online – An Overview

The Islamic finance industry is growing globally, and it is driven by its ethical and Shariah-compliant principles. It is expected to generate over 1.6 million jobs globally, with a 10–12% annual growth rate. In response to the rising demand for skilled professionals, AIMS designed the MBA in Islamic Finance program, which is professionally desgined and taught by highly knowledgeable Shariah scholars and leading Islamic finance experts.

Our MBA in Islamic Banking and Finance online program is globally recognized, internationally accredited, AAOIFI-compliant, career-focused, and delivered 100% online. The AIMS masters degree in Islamic banking and finance follows a flexible, self-paced learning system. The program covers both essential and advanced areas of Islamic banking and Islamic finance, making it an ideal choice for professionals pursuing a masters in Islamic finance online. The program has been offered by AIMS since 2008, and our graduates hold key positions in leading Islamic financial institutions worldwide.

MBA Islamic Finance Program Objectives!

  • Strengthen your qualifications for high-growth roles and boost your earning potential in leading IFIs.

  • Learn advanced business management and gain hands-on experience to integrate it into top global financial companies.

  • Develop expertise in Shariah-compliant financial products and services, aligned with AAOIFI standards, and secure key roles in the Islamic finance industry.

  • Earn professional credentials, including the prestigious CIB, CIFE, and MDIF certifications, while studying.

  • Earn a globally recognized and UK-accredited MBA in Islamic Banking and Finance, and prepare for the industry’s top PhD Islamic finance.

  • AIMS’ flexible learning methodology is designed to fit easily around work and family responsibilities, and allow students to study anytime, anywhere.

Level-7: Masters Degree in Islamic Banking and Finance

AIMS is a UK-registered and internationally accredited educational institution. The masters degree in Islamic banking and finance awards 45 credit hours, and fully aligns with global standards for a Level-7 postgraduate qualification. It also allows students to pursue an industry-leading PhD Islamic finance degree. AIMS’ MBA Islamic banking and finance follows AAOIFI guidelines and incorporates the latest Islamic finance and business management practices.

aims ukrlp registration

Registered in UK with UKRLP

aims qahe accreditation

Globally Accredited by QAHE

aims cpd uk accreditation

CPD Accredited in the UK

A rated highed education

Rated “A” for Academic Excellence

MBA Islamic Finance: A Quick Review

MBA in Islamic Banking and Finance.

Mode of Study:Online & Self-paced learning.
Average Duration:12 months.
Study Resources:Online Interactive lectures.
Comprehensive Study manuals.
24/7 faculty support from Shariah experts.
Islamic Finance e-Library.
Online Assignments.
Courses to Study:13 courses & a Project in Islamic finance.
Study Requirements:10 – 12 hours of study in a week.
Final Assessment:Assignments [35%], final exam [55%] and project [10%].
Bonus Awards:CIB and CIFE certifications on completion of Semester-I, and,
CTP and MDIF Diploma on completion of Semester II.
Degree Awarded:

Our Islamic Finance Programs

MBA Eligibility & Fee
Try Free Lectures!
Download MBA Brochure

How to Achieve an MBA in Islamic Banking and Finance Online?

AIMS’ MBA in Islamic Banking and Finance program is offered through a flexible and self-paced learning system. The program begins with fundamental concepts of Islamic finance, and it doesn’t require any prior knowledge or experience. Students are required to study thirteen (13) courses over four semesters and submit 2 MCQ-type assignments for each course. At the end,  they complete a project that applies theory to a real-world scenario. The MBA Islamic finance online studies are supported by interactive lectures, expert faculty, detailed study manuals, and a comprehensive Islamic finance e-library. They are enriched with case studies and real-world examples. The Masters in Islamic Finance online degree is completed in three simple steps:

  • Check eligibility, register, and pay for the Masters in Islamic finance online program.
  • The Admissions Department reviews applications.
  • Students receive admission confirmation and access to the online study portal within 48 hours.

  • Access professionally developed online interactive lectures, e-manuals, online assignments, and an extensive Islamic finance e-library.
  • Student resources are equipped with real-world examples, case studies, and best practices from the project management industry.
  • Complete two assignments for each course, at your convenience.
  • Receive support from expert faculty in Islamic banking and finance.
  • There is an examination for each semester, which is scheduled on your available date and time.
  • Exams and assignments include open-book multiple-choice questions.
  • Successful completion of Semester 1 awards globally recognized and prestigious CIB and CIFE certifications.
  • Upon completing Semester 2, students are awarded the CPT certification and MDIF diploma.
  • Complete a real-world Islamic finance project under expert faculty supervision that develops practical skills and makes you industry-ready.

  • Schedule and complete final exams at the end of each semester.
  • Results are based on online assignments, exam scores, and the final project.
  • A minimum score of 65% is required to pass.
  • Receive your MBA in Islamic Banking and Finance degree, along with a detailed academic transcript.
masters degree in islamic banking and finance

MBA in Islamic Finance Program Structure!

AIMS’ Masters in Islamic Finance online equips students with advanced knowledge and practical skills in Islamic banking and finance, which today’s employers demand. AIMS’ Masters in Islamic banking and finance covers seven concentration courses in Islamic banking and finance (21 credit hours), followed by six core business management courses (18 credit hours), and concludes with a real-world Islamic finance project (6 credit hours).

  • Final Degree Award:
    Upon completion of all courses, students receive a 45-credit-hour MBA Islamic Finance degree, qualifying them to enroll in PhD Islamic Finance.

masters in Islamic finance

Masters in Islamic Finance – Curriculum Overview!

AIMS’ MBA in Islamic Banking and Finance offers a comprehensive, four-semester curriculum that blends global Islamic finance expertise with modern business management skills. The first two semesters cover seven (7) Islamic finance concentration courses and an Islamic finance project. The remaining two semesters of our Masters degree in Islamic banking and finance cover six (6) business management core courses, preparing graduates for key roles in IFIs worldwide.

Islamic Economic & Financial System
In-depth study of Islamic economics, root causes of financial inequality, and Shariah-based wealth production and distribution mechanisms.

Islamic Modes of Finance
Mechanism and practical case applications of key Islamic financial instruments, including Murabahah, Musharakah, Ijarah, Salam, and Sukuk.

Islamic Commercial & Investment Banking
Understand commercial banking and investment frameworks compliant with Islamic law, including project finance strategies.

Islamic Accounting Treatment & Standards
Learn Islamic accounting methods and AAOIFI accounting standards for financial transparency and compliance.

Islamic Insurance (Takaful)
Gain insights into Takaful operations, policy development, product structures, and risk-sharing mechanisms.

Macro Economic System of Islam
Understand Islamic micro and macroeconomic models, government roles, economic planning, and Shariah-compliant fiscal policies.

Advanced Islamic Financial Services
Master product design, Sukuk structuring, risk management, Shariah-compliant import/export, venture capital, and regulatory compliance.

Designing an Islamic Financial Product
Apply real-world strategies to build innovative Shariah-compliant financial products for an Islamic financial institution (IFI).

Global Business Management
Cover strategic planning, HRM, cost control, organizational structure, and negotiation in international business environments.

Financial Accounting and Management
Learn corporate finance essentials: ERP, budgeting, inventory, cost control, debt-equity financing, and reporting.

Strategic Marketing Management
Gain expertise in aligning marketing with Islamic finance business strategy using tools like SWOT, BCG Matrix, and VRIO analysis.

Business Analysis and Design
Learn data science tools like Python, Tableau, SQL, and AI to make informed business decisions.

Leadership & People Management
Build skills in team leadership, communication, conflict resolution, hybrid workforce management, and motivation.

Organizational Design, Change and Mergers
Study organizational models, M&A strategies, change management, restructuring, and cultural integration.

Explore the comprehensive MBA Islamic Finance curriculum and discover our 35% scholarship opportunity.

mba Islamic finance
mba islamic banking and finance

Hear from Our Global Learners!

“The Masters degree in Islamic Banking and Finance from AIMS transformed me into an Islamic finance expert. With an outstanding curriculum, expert faculty, and continuous online academic support, I was equipped with both theoretical knowledge and practical skills. The well-organized curriculum, interactive lectures, and e-manuals were invaluable in my learning journey. The assignments and real-world project helped me apply concepts through real-life case studies, truly enhancing my professional expertise. Choosing AIMS for my MBA in Islamic Banking and Finance was a decision I’ll never regret.”

Tovah Mutukura, Finance Advisor, Kubota, Australia

“Studying Islamic finance at AIMS helped me realize the gap in understanding Islamic financial products and Shariah requirements at top levels of our local Islamic Finance Window. AIMS’ MBA in Islamic Banking and Finance program developed my analytical skills to advise companies on Shariah-compliant practices. The curriculum is well-structured, and the faculty was highly supportive. I strongly recommend AIMS’ MBA in Islamic finance program to everyone, especially my colleagues.”

Bachirou Mohamadou, USA

“Enrolling at AIMS for Islamic Banking and Finance was one of the best decisions for my career. AIMS’ flexible masters degree in Islamic banking and finance fit perfectly into my busy schedule, while the expert faculty and high-quality lectures set the program apart. The industry-focused MBA in Islamic banking and finance qualification enhanced my confidence and deepened my understanding of managing Islamic financial institutions. I highly recommend AIMS to anyone seeking career growth in Islamic banking and finance.”

Mohammed Ali, UAE

“I chose AIMS because I wanted an internationally accredited and respected masters degree in Islamic banking and finance — and I was not disappointed. The course not only gave me a solid foundation in Islamic banking, but also prepared me for a PhD in Islamic Finance, which I’m now pursuing. The structured progression, global recognition, and exceptional academic support make this MBA Islamic Banking and Finance program the best investment I’ve made in my future”

Musa Kamara, Nigeria

“AIMS’ Masters in Islamic Finance Online exceeded my expectations.  The curriculum is not just academic — it’s industry-ready. I proudly earned the CIB, CIFE, and MDIF certifications along the way, and they’ve become key credentials in my current leadership role. As a full-time professional and mother of three, AIMS’ flexible and self-paced learning system was the perfect solution. The MBA in Islamic Banking and Finance program allowed me to balance my career, family, and studies without compromise. The interactive lectures, e-manuals, and faculty support made complex concepts easy to grasp.”

Sarah Khan, Canada

Clients and Participants

aims client 1
aims client 2
aims client 3
aims client 4
aims client 5
aims client 6
aims client 7
aims client 8
aims client 9
aims client 10

Inquiry Form!

    Key Benefits of AIMS’ Online MBA in Islamic Finance

    • Earn Prestigious Credentials

      Enhance your resume with industry-recognized certifications as you pursue our MBA in Islamic Banking and Finance. AIMS’ comprehensive MBA coursework awards the Certified Islamic Banker (CIB), Certified Islamic Finance Expert (CIFE), Certified Takaful Professional (CTP), and Master Diploma in Islamic Finance (MDIF) during studies. Upon graduation, the program’s 45 credit hours may also be transferred to other accredited institutions for further academic progression, such as a PhD in Islamic Finance.

    • Flexible, User-Friendly Online Learning

      Designed for working professionals, AIMS’ online masters degree in Islamic banking and finance offers maximum convenience and control. Students benefit from self-paced learning with 24/7 access to e-lectures, detailed study manuals, expert support, and an exclusive Islamic Finance e-library. Complete assignments and schedule exams at your convenience. Study anytime, anywhere, without interrupting your personal or professional commitments.

    • Innovative Curriculum Designed by Experts

      Developed by leading Shariah scholars and industry practitioners, our curriculum blends theoretical foundations with practical application. The masters in Islamic Finance program covers core topics in Islamic banking and finance through interactive lectures, case studies, and hands-on experience in a real-world project. This balanced approach ensures graduates are equipped to tackle real-world challenges in global Islamic financial markets.

    • Aligned With Cutting-Edge Industry Trends

      Our graduates stay ahead with insights into the latest market innovations and global best practices. AIMS’ MBA in Islamic Banking and Finance emphasizes AAOIFI Shariah standards, accounting principles, and compliance guidelines. This enables our students to practice globally recognized standards and pursue leadership roles in top Islamic Financial Institutions worldwide.

    Frequently Asked Questions (FAQs)

    AIMS’ online masters degree in Islamic banking and finance is a career-focused program designed for:

    • Professionals in conventional finance seeking to transition into Islamic finance.
    • Islamic finance practitioners aiming for promotions and higher salaries.
    • Graduates aspiring to enter the Islamic banking and finance industry.
    • Individuals planning careers in Islamic finance or Shariah advisory.
    • Entrepreneurs willing to offer Shariah-compliant financial solutions.

    Graduates of AIMS’ MBA in Islamic Finance are well-equipped for senior roles across top-tier Islamic financial institutions. Career opportunities include:

    • Senior Islamic Finance Manager,
    • Shariah Compliance Officer,
    • Islamic Finance Lecturer,
    • Islamic Finance Consultant,
    • Senior Islamic Banker,
    • Senior Takaful (Islamic Insurance) Manager,
    • Shariah-Compliant Risk Management Analyst,
    • Islamic Finance Product Development Specialist,
    • Shariah-Compliant Auditor,
    • Shariah-Compliant Accounts Specialist,
    • Investment Banker,
    • Islamic Finance Advisor, and,
    • Leadership roles in regulatory bodies overseeing Islamic financial markets.

    Yes, AIMS Education offers a 35% scholarship on MBA in Islamic Finance program. Our MBA Islamic finance online program is already competitively priced, and this additional scholarship ensures that learners can pursue advanced qualifications in Islamic banking and finance without financial strain.

    AIMS’ financial assistance is part of our commitment to making high-quality, globally recognized higher education accessible to students and professionals worldwide.

    With our self-paced learning system, professionals can balance studies with work. The duration of completion varies for students, depending on their learning pace. On average, MBA in Islamic Banking and Finance students complete the program in 10 to 12 months.

    • AIMS’ MBA in Islamic Banking and Finance degree is globally recognized, designed by Shariah scholars, and internationally accredited, making it an ideal choice for ambitious Islamic finance professionals.
    • AIMS offers four additional certifications (CIB, CIFE, CTP, and MDIF), a career-focused curriculum, and highly interactive learning.
    • Since 2008, our graduates have been working in top-tier organizations worldwide.
    • The masters degree in Islamic banking and finance is flexible, and may be completed at the student’s own pace.

    Yes, AIMS’ online MBA in Islamic Finance is fully accredited and internationally recognized. Graduates can legally authenticate their degree through various global attestation processes, including:

    • Attestation by the U.S. Department of State.
    • Apostille under the Hague Convention (for member countries).
    • Embassy or consulate legalization (for non-Hague countries).

    These verification options ensure that your MBA degree is recognized for employment, higher education, visa applications, and international relocation. AIMS provides comprehensive support to its graduates through the documentation and legalization process, ensuring it is hassle-free.

    ISLAMIC FINANCE BLOG

    COMPARE PROGRAMS

    ADVISORY

    FREE LECTURES

    FAQ’s