MASTER IN ISLAMIC FINANCIAL ODL - UNIVERSITI MALAYSIA KELANTAN


OPEN AND DISTANCE LEARNING (ODL)
Universiti Malaysia Kelantan



MASTER OF ISLAMIC FINANCE


(MIF, OPEN AND DISTANCE LEARNING (ODL))

The Master of Islamic Finance, a cutting-edge program delivered through Open and Distance Learning (ODL). This program is designed for professionals seeking advanced knowledge and skills in Islamic finance, catering to the growing global demand for ethical and Sharia-compliant financial practices. The Master of Islamic Finance offers a comprehensive curriculum that covers the theoretical foundations, practical applications, and regulatory frameworks of Islamic finance. It aims to develop proficient leaders who can contribute to the Islamic financial sector while upholding ethical standards and promoting economic sustainability. ODL platform provides flexibility, allowing students to engage with course materials, participate in live seminars, and interact with lecturers and peers, all at their convenience. This method is ideal for working professionals and international students who require the ability to study remotely and at their own pace. Graduates of the program will be equipped to take on pivotal roles in Islamic banking, investment firms, takaful companies, and financial regulatory authorities. They will also gain the expertise to consult on Islamic financial matters and contribute to academic and practical advancements in the field.

NO. COURSE CODE COURSE CREDIT HOUR
1 APT 50104 Islamic Jurisprudence in Financial Spectrum 4
2 APT 50204 Legal Maxims in Islamic Finance 4
3 APT 50304 Contracts in Islamic Finance 4
4 APT 50404 Islamic Capital Market 4
5 APT 50504 Corporate Finance in Islamic Paradigm 4
6 APT 50604 Islamic Financial Planning and Wealth Management 4
7 APT 50704 Seminar in Islamic Banking & Finance 4
8 APT 50804 Islamic Social Finance 4
9 APT 50904 Zakat & Tax Management 4
10 APT 51006 Research Project 6
TOTAL OF CREDITS 42

REQUIREMENT
  • A recognised Bachelor’s Degree (Level 6, MQF) in MIF or related field with a minimum CGPA of 2.50 or its equivalent as accepted by the HEP Senate.
  • If candidates without a Muamalat and islamic Finance Bachelor's Degree (Level 6, MQF) are admitted, prerequisite modules in Muamalat, Islamic Economics, Islamic Finance or Muamalat Administration must be taken to adequately prepare them for their advanced studies.
  • Candidates with a recognised Bachelor‘s degree (Level 6, MQF) in MIF or related fields, who has not achieved CGPA of 2.50 its equivalent, can be accepted subject to a minimum of 5 years working experience in the relevant field.
DURATION OF STUDY
Method Minimum Maximum
Full Time 1 year 
(3 semester)
2 years
(4 semester)
Part Time 1 1/2 years
(4 semester)
3 years
(6 semester)
PROGRAMME COORDINATOR
If you need further information or have specific concerns about this ODL program, please contact programme coordinator, Prof. Madya Dr. Mohd Zulkifli bin Muhammad via email at zulkifli.m@umk.edu.my