The core units equip students with an in-depth understanding of the structures and functioning of financial institutions, and issues related to Islamic banking in a contemporary, globalised economy. As well as providing the necessary knowledge of bank management, risk management and risk assessment, the Islamic Banking specialization offers intermediate corporate finance, equipping graduates with a qualification that is modern, in-depth and competitive but grounded in Shariah laws.

The Master of Islamic Banking (MIB) program is set up to produce graduates and subsequently practitioners who: 

PEO No.  PROGRAMME EDUCATION OBJECTIVE 
PEO1  Able to integrate the science of naqliyah and ‘aqliyyah in making decisions on contemporary issues related to Islamic banking (LO1,LO3). 
PEO2  Ability to lead and engage teams in solving Islamic banking issues through governance and effective communication (LO9,LO4,LO5). 
PEO3  Ability to apply entrepreneurial skills and lifelong learning for career development as the development of information and communication technology (ICT) (LO8,LO7,LO2). 
PEO4  Implement integrity, ethics and professional values ​​in contributing to community needs (LO6). 
PLO No.  PROGRAMME LEARNING OUTCOME 
PLO1  Synthesize and integrate knowledge in Islamic banking  (LO1). 
PLO2  Managing organizations in banking institutions (LO2). 
PLO3  Make judgments and decisions on contemporary issues relating to Islamic banking (LO3). 
PLO4  Delivering its knowledge and rationale to all levels of the organization and shareholders (LO4). 
PLO5  Being able to work teamwork in various situations and be responsible for group decisions (LO5). 
PLO6  Implement integrity, ethics and professional values ​​in the organization as well as expressing a sense of social responsibility to society(LO6). 
PLO7  Master the learning skills to continuously and autonomouslyto improve the quality of self and organization (LO7). 
PLO8  Build, explore and seize employment and business opportunities (LO8). 
PLO9  Have ability to take alternate roles between the leader and team member towards effective leadership (LO9). 

Functional & Integration Course (24 Credit Hours)

  • Principles & Operations of Islamic Banking
  • Contemporary Issues in Islamic Banking & Finance
  • Corporate Finance Analysis
  • Risk Management
  • Credit Management
  • Regulations & Governance of Islamic Banks
  • Accounting for Managers
  • Strategic Management

Elective (Min.12 Credit Hours)

  • Financial Econometrics
  • Research Methodology & Data Analysis
  • Islamic Business & Economic System
  • Marketing & Product Developmet
  • Financial Derivatives

Project (6 Credit Hours)

Research Project

Total tuition fees (RM)
Local 11,578.00
International 17,830.00

*Additional RM1,100.00 for MIB, MIF and MASA for IBFIM Profesional Certificate (including in fees).