Master of Islamic Finance is for students wishing to have their course tailored from an Islamic financial and accounting perspective. All MIF students commence with a generic common core but in the coming semester students will then specialise by studying relevant financial, accounting and investment issues from a managerial perspective.

The Master of Islamic Finance (MIF) 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 finance 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 Finance  (LO1). 
PLO2  Managing organizations in financial institutions (LO2). 
PLO3  Make judgments and decisions on contemporary issues related to Islamic Finance (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  Acquiring the learning skills to continuously and autonomously to improve the quality of self and organization (LO7). 
PLO8  Build, explore and seize employment and business opportunities (LO8). 
PLO9  Ability to take alternate roles between the leader and team member towards effective leadership (LO9). 

Functional & Integration Course (24 Credit Hours)

  • Risk Management
  • Corporate Finance Analysis
  • Wealth Management & Planning
  • Investment & Portfolio Management
  • Contemporary Issues in Islamic Banking & Finance
  • Accounting for Managers
  • Islamic Financial Institutions & Market
  • Strategic Management

Elective (Min.12 Credit Hours)

  • Financial Econometrics
  • Research Methodology & Data Analysis
  • Islamic Business & Economic System
  • International Finance
  • 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).