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Master Of Science (Islamic Banking And Finance) - Part Time

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    Part Time
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    4 Years
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    Tution Fees


The IIUM INSTITUTE OF ISLAMIC BANKING AND FINANCE (IIiBF) provides internationally recognized programmes catering for your various needs. A centre of excellence within the world renowned International Islamic University Malaysia (IIUM), the IIiBF built on a prominent faculty drawn from a pool of leading industry practitioners as well as experts from three different faculties of IIUM, namely the Kulliyyah of Economics and Management Sciences (KENMS), Ahmad Ibrahim Kulliyyah of Laws (AIKOL) and the Kulliyyah of Islamic Revealed Knowledge and Human Sciences (KIRKHS). Our programmes are imbued with high ethical values, rigorous scholarship and practical relevance. In tandem with their research activities, our faculty members act as consultants and shariah advisors to financial institutions, industry and governments worldwide–hence, keeping our programmes abreast with real world financial and economic developments and issues.

Programme Objectives

  1. To produce high potential talents to acquire pertinent knowledge and skills in Islamic Banking and Finance through interdisciplinary approach
  2. To develop and enhance theories and practices of Islamic Banking and Finance within the sphere of Maqasid Al-Shariah
  3. To meet the global demand for experts and professionals in Islamic Banking and Finance
Mode of Programme

  • Option 1:36 credit hours of coursework + 6 credit hours of research paper = 42 credit hours

    (7 core courses and 5 elective courses + 6 credit hours of research paper)
    (7 core courses and 5 elective courses + 6 credit hours of research paper)
  • Option 2:30 credit hours of coursework + 12 credit hours of dissertation = 42 credit hours (7 core courses and 3 elective courses + 12 credit hours of dissertation)

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Detailed entry requirements


A relevant Bachelor's degree with good grades from an accredited institution of higher learning or any other certificates recognised to be equivalent to a Bachelor's degree and with relevant professional experience.

English Language Proficiency

In addition to the Institute's requirements, an applicant must produce satisfactory proof of proficiency of English Language by:

  • The Test of Foriegn Language (TOEFL) with a minimum score of 550OR
  • The International English Language Testing Services (IELTS) with a score of 6.0 OR
  • The IIUM-administered English Placement Test (EPT) with a minimum score 6.0.

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