Master of Muamalat Administration

Program Details

Programme Code: MQA/FA5619
Medium of instructions: English
Credit hours: 42
Programme Option: By Coursework

BACKGROUND OF THE PROGRAMME

The Master in Muamalat Administration (MMA) is a dynamic postgraduate programme that prepares future leaders in Islamic management. Blending management, finance, economics, marketing, operations, and human resources with strong Islamic and ethical foundations, the programme offers both breadth and flexibility. Its hallmark is the Naqli-Aqli integration, where students develop professional skills while upholding Islamic values in decision-making and leadership. With a curriculum that combines core courses, electives, and research, the MMA equips graduates to excel in diverse roles across Islamic finance, halal industries, corporate organizations, government, NGOs, and academia. This programme is the right choice for those seeking to make a meaningful impact on the sustainability and growth of the Islamic economy locally and globally.

OBJECTIVE OF THE PROGRAMME

  • Equip students with strong leadership capabilities and strategic management knowledge that align with contemporary organizational needs and Islamic values.
  • Inculcate Islamic ethics, integrity, and accountability as guiding principles in management practices, ensuring sustainable and responsible decision-making.
  • Provide students with a broad-based exposure to finance, economics, operations, marketing, and human resource management within an Islamic framework, enabling them to manage diverse challenges effectively.
  • Train students in research methodology and data analysis to enhance their ability to critically evaluate issues, generate innovative solutions, and contribute to scholarly and professional discourse in muamalat and management.
  • Prepare graduates to engage with the financial institutions, corporate entities, and government agencies by offering applied knowledge and consultancy aligned with industry standards and community needs.
  • Foster a culture of continuous professional development, enabling graduates to remain competitive and contribute meaningfully at national, regional, and international levels.

PROGRAMME STURUCTURE

Discipline Core Courses (24 Credit Hours)

  • Strategic Management
  • Corporate Finance
  • Seminar in Muamalat
  • Organizational Management
  • Operations Management and Productions
  • Accounting for Managers
  • Marketing Management
  • Managerial Economics

Discipline Elective Courses (Min. 12 Credit Hours)

  • Halal Compliance Audit
  • Business Ethics and Corporate Governance
  • Research Methodology and Data Analysis
  • Human Resource Management
  • Wealth Management and Planning

Project Paper (6 Credit Hours)

Research Project

ADDITIONAL IMPORTANT INFORMATION

Medium of Instructions

English: (14 Core, Elective and Project subjects)

Arabic: (1 subject under university level for language requirement)

Total Credit Hours

42

Duration of study

Part Time (5 – 10 semesters)

Full Time (4 – 8 semesters)

 

Career Prospects

Economic Affairs Officer, Financial Executive, Research and Development Executive, Entrepreneur, Business and Management Executive.

Academic Prospect

Doctor of Philosophy in Economics and Muamalat Administration and other equivalent programs.

Admission to Master’s Degree by Coursework

  1. A bachelor’s degree in the field or related fields with a minimum CGPA of 2.50 or equivalent, as accepted by the Senate; or
  2. A bachelor’s degree in the field or related fields or equivalent with a minimum CGPA of 2.00 and not meeting a CGPA of 2.50, can be accepted subject to rigorous internal assessment.
  3. Candidates without a qualification in the related fields or working experience in the relevant fields must undergo appropriate prerequisite courses determined by the Senate and meet the minimum CGPA based on (1) to (2).
  4. Other qualifications equivalent to a bachelor’s degree with honours AND relevant professional work experience.

Note: 1-year work experience is equivalent to 0.05 CGPA

(1)  An applicant shall show evidence of proficiency in the English language based on the following criteria: 

  1. TOEFL minimum score of 180 (computer-based) or 64 (internet-based); or
  2. IELTS minimum score of Band 5; or
  3. MUET minimum score of Band 3; or
  4. graduated from institutions that use English as the main medium of instruction, AND will be required to seat for University English Proficiency Test (UEPT) with minimum score of Band 3; or
  5. graduated in the field of Teaching of English as a Second Language (TESL), English Language Studies (ELS) and equivalent from a university recognised by the Senate; or
  6. a native speaker of English.

(2)  Research-mode applicant who intends to write his/her thesis in Arabic will be required to fulfil the criteria as follows:

  1. TOEFL minimum score of 150 (computer-based) or 52 (internet-based); or
  2. IELTS minimum score of Band 4; or
  3. MUET minimum score of Band 2; or
  4. UEPT minimum score of Band 2.

(3)  An applicant who does not fulfil any of the criteria under (1) & (2) will be allowed to register conditionally and is required to fulfil any of the criteria under (1) or (2), within 12 months (for Master’s students) and 24 months (for Ph.D. students).

ProgrammeModeTotal Fees
Local Full TimeLocal Part TimeInternational
Master of Muamalat Administration CourseworkRM9,478.00RM9,238.00RM15,730.00
Master of Muamalat Administration (Halal Product)CourseworkRM9,478.00RM9,238.00RM15,730.00

The university has the right to withdraw this offer or to terminate you from your study if you are found to suffer from or to be a carrier of contagious/infectious diseases, or to suffer from a medical condition requiring continuous medical care that will adversely affect your study at USIM.

(1) Communicable Disease

Type of Disease / Problem Example

Example

1

  • Contagious
  • Difficult and require prolonged treatment
  • Expensive treatment
  • HIV / AIDS
  • Hepatitis B
  • Hepatitis C

2

  • Infectious
  • Treatable within certain period of time.
  • Tuberculosis

3

  • Infectious
  • Treatable within short period of time.
  • Malaria
  • Typhoid
  • Syphilis (VDRL)

4

  • Communicable Disease defined as epidemic by MOH
  • Japanese encephalitis,
  • SARS
  • Avian flu


(2)   Chronic Non-communicable Disease 

Type of Disease / Problem Example

Example

1

  • Condition that can endanger to himself or others.

  • Recurring repeatedly and affecting his study

  • Epilepsy

  • Schizophrenia

2

  • Expected to be prolonged.

  • Obvious and serious symptoms.

  • Prolong treatment schedule.

  • Dialysis

  • Cancer

3

  • Addiction or drug abuse as stated in AUKU or Malaysian Law.

  • Drugs.

  • Drugs

4

  • Continuous medication.

  • No serious symptoms.

  • Treatment does not affect study

  • Hypertension

  • Diabetes Melitus

 

Applicants can apply via online at https://postgrad.usim.edu.my/ and fill the prescribed forms. Forms and supporting authenticated documents must then be submitted through online or mailed to the office.

For information related to visa and student pass, please refer to http://alamiyyah.usim.edu.my

Contact Us

Graduate School of Muamalat (GSM)
Faculty of Economics and Muamalat,
Universiti Sains Islam Malaysia (USIM)
71800 Bandar Baru Nilai, N.Sembilan, Malaysia

Tel : +606-797 8662
E-mail : info.gsm@usim.edu.my

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Related Programmes

  1. Doctor of Philosophy in Economics and Muamalat Administration
  2. Master of Accounting and Syariah Audit
  3. Master of Economics and Muamalat Administration
  4. Master of Islamic Banking
  5. Master of Islamic Finance
  6. Master of Muamalat Administration (Halal Product)
  7. Bachelor of Accounting with Honours
  8. Bachelor of Corporate Administration with Honours
  9. Bachelor of Islamic Banking and Finance with Honours
  10. Bachelor of Marketing (Financial Services) with Honours
  11. Bachelor of Muamalat Administrations with Honours

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