International Islamic College (IIC)

The Diploma in Islamic Banking and Finance (DBF) is designed to introduce students to the Islamic banking and financial system and how the present institution can be progressively transformed. This programme provides knowledge and skills in Fiqh Muamalat, Takaful and Risk Management, Islamic Banking Operation, Financial Accounting for Islamic Financial Institutions, Marketing for Financial Services, Islamic Trade Finance, Credit Management, Islamic Finance and Banking System, Islamic Banking and Finance Project and Ethics and Governance of Islamic Financial Institutions. This programme also exposes the student with the operational aspects of Islamic banking institutions and how it can fulfil the financing requirements of the customers. The concept and application of products such as Murabahah, Musyarakah, Mudharabah, Salam, Istis'na, Sukuk as well as Takaful and the marketing of the new products and services are adequately covered. In addition to the programme, the students will also be taught Economic from the Islamic Perspective, Business Mathematics, Business Finance, Marketing, Statistics among others to enhance their competencies in soft skills. As the programme emphasizes self-initiated learning and hands-on competencies, graduates of this programme will be ready to take the challenges and competitions in the Islamic banking world.