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Bachelor of Science (Hons) in Islamic Finance

Offered by: MAHSA University
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Course Duration3.5 Yrs
Part Time/Full TimeFull Time/Part Time
Fees58600/Course
Fees (International Student)Refer to Univ.
FacultyFaculty of Business, Finance and Information Technology
Conducted entirely in MalaysiaYes
Level of StudyBachelor's Degree Level
Field of StudyAccounting & Finance
Course Description

According to World Bank, Islamic finance has emerged as an effective tool for financing development worldwide, including non-Muslim countries, Islamic finance is a fast growing segment of the financial industry in many parts of the world. It has registered double-digit growth rates in the past decade despite challenging circumstances globally. Its reach and influence has expanded beyond the traditional Islamic markets with increasingly strong footholds in banking, takaful and the capital market.

Since 2008, Islamic banking has been growing at an estimated annual rate of 10-15% in non-Muslim countries such as the USA, Britain and France, as an ethical and sustainable alternative to the conventional, profit-driven banking system. Year after year, there has been continuous expansion of total Islamic finance assets as well as a sophistication of products, together with an ever-growing number of countries, companies and institutions participating in the industry.

MAHSA Bachelor of Science Islamic Finance is a 3.5 year programme and is designed in consultation with the university partners. It aims to produce graduates in the field of Islamic Finance who are not only knowledgeable and skillful but also as individuals who would demonstrate high level of integrity coupled with sound social and personal disposition that will be an asset to the organization that they work with. Apart from that, these graduates will display leadership characteristics with aim of achieving the principles of Magasid al-Shariah.

Curriculum
YEAR SUBJECT SUBJECT CODE
1 Principles of Accounting IFAC 1113
  Microeconomics IFEC 1123
  Business Mathematics IFBM 1133
  Business Statistics IFBS 1143
  Syariah Islamiyyah ISF 1313
  Principles of Fiqh Mua'malat ISF 1323
  Principles of Finance  
  Macroeconomics IFEC 1223
  Islamic Finance ISF 1233
  Islamic Economics ISF 1243
  Human Resource Management IFHR 1333
  Tarikh Tashri ISF 1253
2 Usul Company Law  
  Money and Banking IFMB 2133
  Basic Arabic for Muamalat 1 LANG 100
  Fundamentals of Islamic Management IFMG 2213
  Islamic Financial Service Legal Framework ISF 2223
  Principles and Practices of Takaful ISF 2223
  Accounting for Islamic Financial Transactions IFAC 2243
  Basic Arabic for Muamalat 2 LANG 101
  Professional Communication ANG 1002
  Qawa'id Fiqhiyyah ISF 2313
  Entrepreneurship from Islamic Perspective ISF 2323
  Application of Fiqh Mu'amalat in Islamic Finance ISF 2333
  Islamic Theology IFBM 2134
3 Marketing Management MKT 2013
  Islamic Money and Payment System ISF 3113
  Banking and Finance Information System ISF 3123
  Auditing and Governance for Islamic Financial Institutions IFAC 3143
  Investment Analysis IFFN 3213
  Islamic Risk Management ISF 3253
  Islamic Capital Market ISF 2253
  Islamic Wealth Management ISF 3313
  Waqf Management ISF 3323
  Elective 1  
  Elective 2  
4 Practical Training IFPT 4116
GENERAL COURSES
SUBJECT SUBJECT CODE
Youth Development  
Community Project MPU 3412
Entrepreneurship  
INTERNATIONAL STUDENTS
SUBJECT SUBJECT CODE
Malaysia Studies MPU 3173
Bahasa Melayu Komunikasi MPU 3213
LOCAL STUDENTS
SUBJECT SUBJECT CODE
Tamadun Islam & Tamadun Asia MPU 3123
Hubungan Etnik MPU 3113
Entry Requirements

Matriculation/Foundation recognised certificate with a minimum CGPA of 2.0 out of 4.0

OR

 

ACADEMIC QUALIFICATION REQUIREMENTS
STPM Pass STPM with minimum Grade C (CGPA2.00) in any 2 subjects, pass in Maths at SPM, and pass in Arabic Language at SPM (can be excluded if the result of Arabic language is equal/higher at STPM/STAM/Matriculation/Diploma or Equivalent.
(Candidate without pass Arabic language at SPM/STPM/STAM/ Matriculation/Diploma or equivalent are required to undergo Arabic language enhancement course before beginning the programme.)
STAM Pass with minimum Grade Jayyid and a pass in Maths. Pass in Arabic Language at SPM (excluded if Arabic Language is equal/higher at STPM/STAM/Matriculation/Diploma or equivalent).
(Candidate without pass Arabic language at SPM/STPM/STAM/ Matriculation/Diploma or equivalent are required to undergo Arabic language enhancement course before beginning the programme.)
Career Prospects
  • Banker

  • Islamic Financial Analyst

  • Islamic Personal Financial Advisor

  • Shariah Auditor

  • Loan Officer

  • Investor Relations Associate

  • Islamic Financial Planner

  • Islamic Estate Planner

  • Islamic Unit Trust Planner

  • Takaful Planner

  • Shariah Advisor Consultant

All fees are in RM (Ringgit Malaysia) currency unless stated otherwise.


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