The Master of Islamic Finance and Banking program at Universiti Islam Antarabangsa Sultan Abdul Halim Mu’adzam Shah (UniSHAMS) is specially designed to produce graduates who are knowledgeable, competent, and professional in the field of Islamic finance and banking. The program emphasizes the mastery of theory, practical application, and research related to Islamic financial systems, aligning with current national and international industry demands.
Students will be exposed to various critical aspects, including Islamic banking operations, financial management, Islamic investment, risk management, takaful, Shariah governance, and financial analysis. In addition, the program integrates Shariah values, professional ethics, and research skills to produce graduates of high integrity and competitiveness.
With an academic staff experienced in both academia and the industry, students have the opportunity to gain a comprehensive and relevant learning experience that meets the needs of today's job market. This program is also ideal for professionals looking to upgrade their academic qualifications and strengthen their expertise in the field of Islamic finance.
Programme Objectives
Comprehensively master the concepts, theories, and practices related to Islamic banking and finance, with the ability to apply them within current industry contexts.
Critically analyze issues, challenges, and problems related to Islamic finance and banking using both academic and professional approaches.
Conduct independent research to generate innovation and contribute to sustainable development within the field of Islamic finance.
Effectively apply communication, digital technology, numeracy, and teamwork skills within both learning and professional environments.
Develop graduates who possess leadership qualities, autonomy, a commitment to lifelong learning, and an entrepreneurial mindset, while strictly adhering to ethics and professionalism in the Islamic banking and finance sector.
Programme Duration
Full Time: 2-4 Years
Part Time: 2-6 Years
Entry Requirements
Bachelors Degree (Level 6, MQF) in a related field with minimum CGPA 2.75 as accepted by the University Senate; OR
Bachelors Degree (Level 6, MQF) in a related field with minimum CGPA 2.50 and not meeting 2.75 may be accepted, subject to strict internal evaluation; OR
Bachelors Degree (Level 6, MQF) in a related field with minimum CGPA 2.00 and not meeting 2.50 may be accepted, subject to at least FIVE (5) years relevant work experience and strict internal evaluation; OR
Bachelors Degree (Level 6, MQF) in an unrelated field with minimum CGPA 2.50 as accepted by the University Senate, subject to relevant work experience and strict internal evaluation; OR
Bachelors Degree (Level 6, MQF) in an unrelated field with minimum CGPA 2.00 and not meeting 2.50 as accepted by the University Senate, subject to at least FIVE (5) years relevant work experience and strict internal evaluation; OR
Bachelors Degree (Level 6, MQF) in an unrelated field with minimum CGPA 2.00 as accepted by the University Senate and without relevant work experience, subject to passing prerequisite courses; OR
Other qualifications equivalent to a Bachelors Degree (Level 6, MQF) recognized by the Malaysian Government.
Tuition Fees
Tuition Fees (Local Students)
RM 5,460
Approximate Total Fees
RM 11,460
Tuition Fees (International Students)
RM 6,552
Approximate Total Fees
RM 14,402
* Terms and Conditions May Apply
Career Opportunities
Banking, Finance & Investment
Islamic Banking Officer
Islamic Finance Officer
Investment and Risk Management Officer
Shariah Governance, Audit & Compliance
Shariah Officer / Shariah Executive
Shariah Audit and Compliance Officer
Wealth Management, Takaful & Advisory
Takaful Executive
Islamic Financial Advisor
Islamic Finance and Banking Consultant
Entrepreneurship
Entrepreneur in the Islamic Finance and Shariah-Compliant Business Sector
Academia & Research
Lecturer and Researcher in Islamic Finance
Programme Highlights
Curriculum Based on Contemporary Islamic Finance
This program integrates theoretical and practical knowledge in Islamic banking and finance, aligning with the current developments of the global financial industry.
Recognized by MQA and MOHE
The program holds full accreditation from the Malaysian Qualifications Agency (MQA) and strictly meets national academic standards.
Lecturers with Industry and Academic Experience
Students are guided by academic faculty members who possess extensive experience in Shariah, Islamic banking, finance, and research.
Flexible for Students and Working Professionals
Offered in both full-time and part-time modes to enable students to pursue their studies without disrupting their current careers.
Broad Career Opportunities in the Islamic Finance Industry
Graduates have the potential to pursue careers as Islamic banking officers, Shariah advisors, financial officers, researchers, and academicians within the Islamic financial sector.
FAQs
1. What is the name of the program being offered?
The program is the Master in Islamic Banking and Finance, offered at Universiti Islam Antarabangsa Sultan Abdul Halim Mu’adzam Shah (UniSHAMS).
2. What are the minimum entry requirements?
Applicants must possess a Bachelor’s Degree in a related field with a minimum CGPA of 2.75, or other qualifications recognized by the university senate and the Malaysian Qualifications Agency (MQA).
3. Is this program suitable for working individuals?
Yes. The program is offered in both full-time and part-time modes, making it ideal for working professionals who wish to upgrade their academic qualifications and advance their careers.
4. What is the medium of instruction?
The program utilizes the National Language (Bahasa Melayu) and English as the media of instruction.
5. What are the career prospects after graduation?
Graduates can build careers in the Islamic banking sector, financial institutions, takaful companies, Shariah advisory firms, financial management, education, and research.
6. Is this program accredited?
Yes. This program has received full accreditation from the Malaysian Qualifications Agency (MQA).
Testimonies
"The Master in Islamic Banking and Finance program at UniSHAMS has given me a deeper understanding of the modern Islamic financial system. The comprehensive syllabus and the guidance from the lecturers have been incredibly helpful for both my academic development and career growth."
Nur Aisyah Binti Ahmad Student, Master in Islamic Banking and Finance, UniSHAMS
"I am highly satisfied with the learning environment at UniSHAMS, which is very conducive and student-friendly. This program has helped me enhance my knowledge in the field of Islamic banking as well as sharpen my research skills."
Muhammad Faris Bin Zulkifli Student, Master in Islamic Banking and Finance, UniSHAMS
"This program is highly relevant to current industry demands. I have gained extensive exposure regarding Islamic banking operations, financial management, and the real-world application of Shariah principles."
Siti Khadijah Binti Hassan Student, Master in Islamic Banking and Finance, UniSHAMS