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Islamic Finance

Learn the key concepts of Islamic finance, banking and political economy, alongside the study of conventional finance

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Key Facts

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Degree

(MSc (Hons)) Islamic Finance

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Degree Duration

15 months :

3 months pathway + 1 year degree

18 months :

6 months pathway + 1 year degree

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Pathways Available

Pre-Master's

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Start Dates

September 2022

Degree Overview

We are offering this master’s degree in collaboration with Al-Maktoum College, in Dundee. At the University of Dundee, we have a strong history and expertise in teaching traditional finance and economics. This degree takes our expertise and combines it with the expertise in Islamic banking/finance and wider Islamic studies on offer at Al-Maktoum. Few degrees of this kind exist in the UK.

You will develop your understanding of the application of Islamic commercial law in relation to Islamic financial institutions and financial products, as well as the emergence and working mechanisms of Islamic capital markets.

You will cover the operations of Islamic banks and Islamic financial markets, alongside the nature of risk and its management in Islamic financial institutions

You will challenge the contemporary issues and debates in Islamic finance and gain an understanding of the internationalisation strategies and strategic decisions in business.

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Important

You may incur additional costs in the course of your education at the University over and above tuition fees in an academic year such as laptops, Stationary and additional resources.

Why Study this Degree

This course will give you the skills and understanding to work in a variety of conventional and Islamic businesses such as banks, insurance companies, financial service companies, and trading brokers.

Islamic finance and banking is a growing area of business across the globe, and not solely linked to Muslim countries. Many Western banks and financial services are opening up to offering Islamic banking and finance products to customers.

Your Pathways

The Pre Masters Program will prepare you for the UK, EU or US study system, giving you the confidence and skills that you’ll need to go further in your studies. Depending on your academic qualification and English language level and chosen programme, you can study the IIM over one or two terms.

What’s the difference between the one or two terms?
One Term Two Terms
3 months of study Six months of study
Additional academic English and subject-related support

 

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University of Dundee

Ranked in The Guardian's Top 20 UK Universities in 2021, the University of Dundee prides itself on three things: Impactful research, an excellent student experience and a community campus in the city.

Situated beside the majestic River Tay, Dundee is Scotland’s sunniest city. It also has the highest student ratios per head of population anywhere in the UK so there is an exciting and diverse range of nightlife, leisure activities and culture.