Doctor of Philosophy in Islamic Banking and Finance
(R3/0413/8/0006) (21/5/2033) (A9864)
Mode of Study: A (Research)
Overview
The Doctor of Philosophy (PhD) in Islamic Banking and Finance program at UniSHAMS is designed to produce highly skilled scholars and researchers in the field of Islamic finance and banking, aligning with the evolution of the global Islamic financial industry. This program emphasizes rigorous academic research on theories, applications, and contemporary issues in Islamic finance, including Islamic banking, takaful, Shariah-compliant investments, risk management, and Islamic economic development.
Through either a full-time or part-time research approach, students are guided by experienced lecturers and supervisors to produce high-quality research that contributes significantly to the advancement of both academic knowledge and the industry. Additionally, the program integrates the elements of Maqasid Shariah (objectives of Islamic law), Islamic ethics, and financial innovation to ensure graduates can deliver relevant solutions to current economic challenges.
Graduan of this program are well-equipped to become academic experts, researchers, Shariah advisors, and industry professionals within the Islamic financial sector at both national and international levels.
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Demonstrate the ability to identify and solve critical issues in Islamic finance through advanced scientific research and scholarly contribution.
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Critically analyse knowledge from the Qur’an, Hadith, and contemporary sources to strengthen understanding of Islamic finance philosophy, principles, and practices.
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Apply advanced practical, technical, and analytical skills to develop innovative solutions for challenges in the Islamic finance industry and financial system.
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Communicate ideas, research findings, and problem-solving solutions effectively and professionally for the benefit of various stakeholders.
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Demonstrate leadership, ethical values, professionalism, Shariah governance, and lifelong learning in academic, research, and industry environments.
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Full Time: 3-4 Years
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Part Time: 3-8 Years
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Master's Degree (Level 7, MQF) in a related field as accepted by the University Senate; OR
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Master's Degree (Level 7, MQF) in an unrelated field as accepted by the University Senate, subject to relevant work experience and strict internal evaluation; OR
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Master's Degree (Level 7, MQF) in an unrelated field as accepted by the University Senate and without relevant work experience, subject to passing prerequisite courses; OR
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Other qualifications equivalent to a Master's Degree (Level 7, MQF) recognized by the Malaysian Government.
Note
For Doctoral Degree by Research as stated in the Standards: Master’s and Doctoral Degree:
i. There shall be no direct entry from Bachelor’s Degree level to Doctoral Degree level.
ii. However, candidates with Bachelor’s Degree qualification, registered for Master Degree by Research programmes may apply to convert their candidacy to Doctoral Degree programmes.
iii. Application of conversion must be done within one year after candidate registers for Master Degree programmes.
iv. Application approval is subject to:
a. having shown competency and capability in conducting research at Doctoral degree level;
b. rigorous internal assessment by the HEP; and
c. approval by the HEP Senate.
Tuition Fees
Tuition Fees
(Local Students)
RM 11,100
* Approximate Total Fees
(Local Students)
RM 18,950
Tuition Fees
(International Students)
RM 11,100
* Approximate Total Fees
(International Students)
RM 21,450
* Terms and Conditions May Apply
- University Lecturer in Islamic Finance and Banking
- Academic and Industry Researcher
- Islamic Financial Policy Consultant / Reference Expert
- Shariah Advisor for Islamic Financial Institutions
- Senior Officer in Islamic Banks and Financial Institutions
- Islamic Financial Product Development Officer
- Shariah-Compliant Financial and Investment Consultant
- Islamic Economic and Market Analyst Expert
- A program deeply rooted in specialized research within the field of Islamic Banking and Finance.
- Strong emphasis on the seamless integration of Shariah knowledge with modern financial applications.
- Guided by highly qualified lecturers and supervisors possessing extensive backgrounds in both academia and the corporate industry.
- Available in both full-time and part-time structures to suit the lifestyle and commitments of the candidates.
- High-value education delivered at highly competitive rates.
- Set within a supportive, values-driven Islamic learning environment that encourages deep academic thought.
1. What are the study modes being offered?
This program is offered in both full-time and part-time structures through the research mode.
2. Is this program accredited?
Yes, this program has received full accreditation from the Malaysian Qualifications Agency (MQA).
3. Who is this program suitable for?
This program is ideal for academicians, Islamic financial industry professionals, researchers, and individuals who wish to deepen their expertise in the field of Islamic finance professionally.
4. Do students need to attend lectures?
Since this is a research-based program, regular lectures are not required. However, students must attend scheduled supervision sessions, seminars, and academic presentations.
5. What research areas can students choose from?
Students can conduct research in various specialized fields, such as Islamic banking, takaful, Islamic fintech, zakat, waqf, Islamic investment, and Islamic economics.
6. Do graduates have strong career prospects?
Yes, PhD graduates in Islamic Banking and Finance enjoy broad career opportunities across academia, advanced research institutions, and the global Islamic financial industry at both local and international levels.
“Choosing the PhD in Islamic Banking and Finance at UniSHAMS was one of the best decisions for my academic journey. The programme provides excellent research guidance, supportive supervisors, and strong exposure to current Islamic finance issues at both national and international levels.”
Dr. Mohammadtahir Cheumar
PhD Graduate in Islamic Banking and Finance, UniSHAMS
“The learning and research environment at UniSHAMS is highly motivating and student-friendly. I gained valuable experience in academic publications, conferences, and professional networking within the Islamic finance industry.”
Ssonko Muhammedi
PhD Candidate in Islamic Banking and Finance, UniSHAMS
