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Visit the International Students section on our website to find out the latest news and everything you need to know about studying in Malaysia.
The study of Islamic Finance is a financial system that is adherent to Islamic laws including the type of investment schemes and lending institutions that are permissible in the Muslim world in Malaysia.
Did you know that some banks actually share the risks of repayment of a mortgage with an individual? Did you know these banks also issue bonds where both parties will owe the debt? No, this isn’t a made-up fantasy, but it’s the world of Islamic Finance and anyone could do it, no matter what race or religion. Read on as we unravel how you can make an impact in Malaysia by studying Islamic Finance.
What makes Islamic Finance different from traditional Finance is the unique sys
Future employees in the accounting and finance field with expertise in risk and compliance are in high demand as there is a constant competition amongst graduates in the job market.
Financial Accounting Framework
Get advice on the top Islamic Finance institutions in Malaysia from our Counsellors
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Future employees in the Accounting and Finance field with expertise in risk and compliance are in high demand as there is a constant competition amongst graduates in the job market.
With so many degree options out there, here are some top reasons why you should study Islamic Finance:
The Islamic Financing industry is fast expanding to be a conventional industry, leaving banks that do not provide this service, behind. This is why having a degree in Islamic Finance will prove to be useful when applying for jobs in the future.
This course is not limited to Muslim students only. Non-Muslims are also encouraged to take up this course to better understand the difference between Traditional Finance and Islamic Finance and how it all works.
A degree in Islamic Finance will train your problem solving skills as you will come across various challenges, thus helping you to critically analyse the issue and determine the best financial solution.
“A number of western borrowers and investors have indicated to us that they see Islamic Finance as a natural alternative to conventional finance.”
- John Weguelin
5 credits with at least grade B in English
Pass Matriculation with at least a CGPA of 2.00 or equivalent
Minimum CGPA of 2.00
Executive Diploma :
Pass UMCCED Executive Diploma or equivalent with a CGPA of 3.00
Grade C (CGPA 2.00) in two (2) subjects or equivalent
Minimum of Grade B in at least five (5) subjects
International Students :
Important Note: If you opt to study a Diploma in Islamic Finance and continue your degree at the same institution, you will most likely get a one-year exemption. This means that you can enter degree year 2 after diploma..
Completing a degree in Finance Management will be sufficient when applying for jobs. To advance your career and climb the corporate ladder, you should be registered as a qualified financial planner.
People who are morally upright know the difference between right and wrong. While many people nowadays prioritize making money, at any cost, people who are morally upright want to earn honest money while still conveying the morals they were taught by their respective religions. They are compassionate with the people who are in trouble instead of preying on them.
You’re the one who everyone wanted to ‘borrow’ add maths homework from, back in school (But of course you said no, because that wouldn’t be right!) While everyone else struggled with maths as they fumbled with fingers all out, slowly curving one by one into their palm, you already finished all the sums, checked the answer (A formality) and packed your bag to head home.
Financial Planning Services
Below are a few of the top Islamic Finance firms in Malaysia.
Do note that all courses should be accredited by the Malaysian Qualifications Agency (MQA). Click here to check if the course you choose is accredited. For a start, here are some of the most popular Islamic Finance schools in Malaysia.
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