Executive Masters in Islamic Finance

Application Dates
Course Overview
Masters (Coursework)
Tuition Fees
Malaysian Students: RM 13,770
Kuala Lumpur, Malaysia
Full Time: Min 1year, Max 2 years; Part Time: Min 3 years, Max 6 years
Study Field

Course Overview

Successful completion of the eMIF will ensure you gain working knowledge of Data Analytics, Business Strategy and Policy and Social Finance, while acquiring the ability to analyse and develop solutions to modern business challenges, analyse organisational situations and market fluctuations, and assess international socioeconomic conditions.

You will come to understand how Islamic financial instruments such as Zakat, Sadaqah, Waqf and Takaful can be combined with technological advancements to boost development and alleviate hardship, in accordance with Maqasid Shariah and UN Sustainable Development Goals, and learn to conduct business with integrity and in compliance with good governance practices.

Programme Structure

eMIF requires completion of 6 core courses, 4 elective courses and a Project Paper.

Total Credit Hours: 42

Core Courses (18 Credit Hours)

  • Business Strategy and Policy
  • Data Analytics for Business
  • Economics for Islamic Finance
  • Ethics and Professionalism
  • Shariah Aspects of Business and Finance
  • Shariah Rules and Issues

Elective (12 Credit Hours), Choose Any 4

  • Accounting for Islamic Finance
  • Audit and Compliance
  • Commercial Law and Legal Documentation for Islamic Financial Services
  • Islamic Banking Practices
  • Islamic Capital Market
  • Islamic Insurance
  • Wealth Planning Management
  • Risk Management for Islamic Banks
  • Social Finance

Project Paper (12 Credit Hours)

  • Consultancy or Case Study

Entry Requirements

1) Bachelor's degree in Muamalat and recognised Islamic Finance or equivalent with a minimum CGPA of 2.50 out of 4.00;

2) Candidates with CGPA of below 2.50 but above 2.00, with a Bachelor’s degree from other fields may be considered, subject to additional internal assessments;

3) Admission via Accreditation of Prior Experiential Learning (APEL)*

  • Malaysian citizen aged 30 years and above; and
  • Holding Diploma / STPM / Matriculation / A-level or equivalent; and
  • Working and learning experience can be accredited; and
  • APEL assessment.

4) English proficiency:

  • Malaysian University English Test (MUET): Band 4 and above; or
  • IELTS - band 6; or
  • TOEFL: 550 (PBT), 79 (IBT) and above; or


  • Candidates from native English speaking countries
  • Candidates with academic qualifications from institutions using English as the full medium of instruction

*Terms and condition apply.

Application Deadline

(For Local, International & Permanent Resident)

  • September 2020 Semester: 21 August 2020
  • January 2021 Semester: 31 December 2020

Intake Month

Jan, June & Sept