MBA in Islamic Finance Degree

Islamic finance is growing rapidly, driven by its ethical, interest-free principles, with a 10-12% annual growth rate. Expected to create over 1.6 million jobs by 2026, AIMS offers a meticulously designed, UK-accredited MBA in Islamic Banking and Finance. This flexible, self-paced program, adhering to AAOIFI Shariah standards, is created by renowned scholars and practitioners. The MBA in Islamic Finance program covers key areas of Islamic banking and finance, providing a comprehensive and ideal degree for professionals seeking a Masters in Islamic Finance online.

Program Objectives!

  • Develop skills in ethical investment, risk management, and international finance domains.

  • Cultivate Shariah compliance expertise for financial products and services evaluation.

  • Provide globally recognized UK-accredited MBA in Islamic Banking and Finance.

  • Equip for leadership roles in Islamic banking and finance career pathways.

  • Enhance learning with industry insights through strategic partnerships and collaborations.

  • Foster networking opportunities for professional growth in Islamic finance sectors.

MBA Islamic Finance Degree: A Quick Review

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 Master Diploma on completion of Semester II.

Islamic Finance Programs

MBA Curriculum & Fee
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How to Achieve Masters in Islamic Finance?

Earn your MBA in Islamic Banking and Finance from AIMS with flexible online classes. Create your personalized study plan upon enrollment. Our e-learning program offers convenience for busy professionals, with interactive lectures, online manuals, and an Islamic finance e-library. Submit assignments at your convenience and take tests online whenever suits you best.

mba in Islamic finance

  • Check eligibility for MBA in Islamic Banking and Finance program and enroll online.
  • Admissions Department reviews applications thoroughly.
  • Receive admission confirmation upon meeting qualifications.
  • Access exclusive online study portal upon confirmation.

  • Access study resources via your online student portal upon enrollment.
  • Enjoy full access to e-lectures, e-manuals, assignments, and an extensive e-library.
  • Benefit from interaction with MBA Islamic Finance faculty.
  • Study at your own pace and submit assignments conveniently.

  • Assess your subject knowledge through exams at the end of each semester.
  • Exams consist of multiple-choice questions assessing understanding and skills.
  • Final results combine scores from assignments and the exam.
  • Receive an MBA Islamic Finance degree, and a transcript detailing your performance post-marking.
  • Online MBA in Islamic finance degree requires a 65% pass percentage.
  • Average final exam score is 85%.

Structure of MBA Islamic Finance Program

The MBA in Islamic Banking and Finance consists of six core courses in business management (18 credit hours), seven concentration courses in Islamic banking and finance (21 credit hours), and a real-world project (6 credit hours).

  • Upon finishing Semester-I, students are awarded the Certified Islamic Banker (CIB) and Certified Islamic Finance Expert (CIFE) certifications.

  • Upon completing Semester-II, students are awarded the Master Diploma in Islamic Finance (MDIF)  and Certified Takaful Professional (CTP) certifications.

  • After completing Semester IV, you will be awarded a Masters in Islamic degree, which consists of 45 credit hours.

mba in Islamic banking and finance

MBA in Islamic Banking and Finance Curriculum!

  • Study Islamic economic principles, causes of economic problems, and wealth distribution.
  • Explore Islamic financial instruments including Murabahah, Musharakah, and Sukuk through practical case studies.
  • Gain insights into Islamic investment strategies, commercial banking practices, and project finance.
  • Learn accounting principles specific to Islamic financial institutions and financial reporting standards.
  • Understand the principles and practices of Takaful (Islamic insurance) and its comparison with conventional insurance.

  • Learn foundational Islamic economic principles, government roles, economic planning, fiscal policies, and various economic systems.
  • Explore designing Islamic financial products, venture capital, Islamic securities (Sukuk), risk management, and Shariah compliance in financial institutions.
  • Develop and implement a Shariah-compliant financial product, covering product development, operational flow, accounting procedures, marketing strategies, and contract regulations.
  • Gain hands-on experience through real-world projects to enhance problem-solving skills and prepare for career opportunities in Islamic finance.
  • Acquire a thorough understanding of Islamic finance principles and practices to excel in leadership roles in global Islamic financial markets.

  • Introduction to business management covering management science theories, organizational ethics, and effective planning strategies.
  • Management accounting including managerial accounting principles like activity-based costing and variance analysis.
  • International banking operations and law exploring banking fundamentals, financial markets, and legal frameworks such as anti-money laundering.
  • Retail banking and financial services understanding retail banking functions, payment systems, and e-banking management.
  • Leadership and communication develop skills in motivation, leadership, and effective communication within organizations.

  • Strategic Human Resource Management, recruitment, and international HR practices.
  • 21st-century marketing strategies, market segmentation, and brand management.
  • Individual behavior, group dynamics, leadership, conflict resolution, and global organizational management.
  • Comprehensive study of HR evolution, market analysis, consumer behavior, and organizational change.
  • Hands-on learning in job analysis, brand building, stress management, and ethical HR practices.

For details on MBA Curriculum and our 35% Fee Scholarship offer, CLICK HERE.

Hear from Our Global Learners!

“The MBA in Islamic Banking and Finance degree program provided me with the knowledge I needed to become an expert in this field. The course material is well put together. The interactive lectures and other study resources are excellent. Assignments are also valuable, and every subject is treated in detail. It was a sensible decision to earn an Islamic finance degree from AIMS.”

Tovah Mutukura, Finance Advisor, Kubota, Australia

“The MBA in Islamic Finance at AIMS is exceptional. The online learning platform is flexible, allowing me to balance my job with my studies. The curriculum is comprehensive and covers essential topics like Shariah compliance and Islamic financial instruments. Completing this Masters in Islamic Banking and Finance has significantly enhanced my career prospects in Islamic finance.”

Ahmed Khalil, UAE

“Enrolling in the MBA in Islamic Banking and Finance at AIMS was a great decision. The interactive lectures and supportive faculty made learning enjoyable and effective. The program’s accreditation and recognition are a huge plus, providing international career opportunities. This masters degree in Islamic banking and finance has truly enriched my knowledge and skills.”

Zaid Al-Harbi, Saudi Arabia

“The MBA in Islamic Banking and Finance at AIMS exceeded my expectations. The self-paced learning and comprehensive study materials are excellent. The program’s focus on ethical and interest-free banking aligns perfectly with my career goals. I am grateful for the valuable insights and certifications I gained from this Islamic finance masters online.”

Aisha Begum, UK

Accreditation!

Our online MBA in Islamic Finance program is Accredited by CPD and Registered with UKRLP in the UK. We adhere to the prestigious guidelines of the Ofqual Regulated Qualifications Framework (RQF), ensuring a Level-7 Masters Degree. Plus, we follow the stringent Shariah Standards set by AAOIFI.

mba in Islamic banking
mba in Islamic banking and finance

Have Question?

    Key Features of Our MBA in Islamic Banking

    • Earn Prestigious Designations

      Enhance your resume with valuable credentials while pursuing an msc islamic banking and finance. Our comprehensive coursework includes certifications in CIB, CIFE, and MDIF. As you graduate, you also have the opportunity to pursue a research-focused Ph.D. in Islamic economics and finance. The 45 credit hours accrued during our online Masters degree in Islamic banking and finance can be transferred to another accredited institution if you decide to pursue advanced qualifications.

    • Cutting-Edge Market Trends

      Gain expertise as an MBA in Islamic Finance to innovate Islamic financial products. Stay current with market trends and AAOIFI standards. Unlock the problem-solving potential for corporate opportunities.

    • Flexible and User-Friendly e-Learning Platform

      Our online MBA in Islamic Banking and Finance offers ultimate convenience and flexibility. Designed for busy professionals, our program allows you to access coursework, materials, and virtual classrooms anytime, anywhere. Study at your own pace, complete assignments on your schedule, appear in the online examination at your convenience, and earn your Masters in Islamic Banking and Finance without location constraints—all you need is an internet connection.

    • Innovative Curriculum

      Our MBA in Islamic Finance curriculum, designed by top Shariah Scholars and practitioners, sets us apart. This rigorous program covers a broad range of topics in Islamic banking and finance, combining theoretical knowledge with practical applications. It provides a holistic understanding of the field, emphasizing real-world scenarios to grasp the complexities of Islamic finance.

    Frequently Asked Questions

    Our program stands out due to:

    • Accreditation by UK bodies ensures high educational standards.
    • Comprehensive curriculum that blends conventional finance with Islamic principles.
    • Flexible online learning format.
    • Experienced faculty with expertise in Islamic finance.
    • Strong industry connections providing real-world insights and career opportunities.

    Typically, applicants should have:

    • A bachelor’s degree or equivalent from an accredited institution.
    • Relevant work experience in finance or a related field (preferred but not mandatory).
    • Proficiency in English.
    • A commitment to completing the program’s rigorous coursework.

    Yes, AIMS offers the Islamic Finance Masters online, allowing you to study from anywhere in the world at your own pace. Our flexible learning platform is designed to accommodate working professionals and students with varying schedules.

    Graduates can pursue various roles, including:

    • Islamic Finance Manager.
    • Sharia Compliance Officer.
    • Islamic Banking Manager.
    • Senior Takaful Manager.
    • Risk Management Analyst.
    • Islamic Finance Product Development Specialist.
    • Shariah Auditor.
    • Investment Banker in Islamic financial institutions.
    • Financial Advisor specializing in Islamic finance.
    • Roles in regulatory bodies overseeing Islamic financial markets.

    This program is ideal for:

    • Professionals in the banking and finance industry looking to specialize in Islamic finance.
    • Recent graduates aiming to enter the Islamic Banking and Takatul sectors.
    • Individuals seeking a career in Shariah Advisory and Shariah Auditing.
    • Business owners and entrepreneurs interested in Sharia-compliant financial practices.
    • Finance professionals aiming to enhance their qualifications and career prospects.

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