Islamic Finance

Degree Title: MSc Islamic Finance

Programme Description: The MSc Islamic Finance programme at Middlesex University offers students a comprehensive understanding of the core principles and practices of Islamic finance, one of the fastest-growing sectors in the global financial industry. This course is designed to equip students with the theoretical knowledge and practical skills necessary to pursue a successful career in Islamic banking, financial management, and related fields. Throughout the programme, students will explore the fundamental concepts of Islamic economics, the principles of Shariah law as they relate to financial transactions, and the structure and functioning of Islamic financial institutions. The curriculum includes modules on Islamic banking operations, sukuk (Islamic bonds), Islamic financial risk management, and ethical investment practices, providing a well-rounded view of the sector’s unique features and challenges.

The programme emphasizes applied learning through case studies, group projects, and industry guest lectures, enabling students to connect academic theories with real-world applications. students will develop critical thinking and analytical skills necessary to navigate the complexities of Islamic financial markets and products. The course also covers regulatory framework, compliance issues, and the future outlook of Islamic finance, preparing graduates to meet the demands of this dynamic field. Graduates of this MSc programme will be well-positioned to pursue roles in Islamic banks, financial consultancies, regulatory bodies, and international organizations. They will be equipped to contribute effectively to the growth and development of Islamic finance and to promote ethical financial practices aligned with Islamic principles. The programme also offers opportunities for networking with industry professionals and participation in internships, providing valuable industry insights and practical experience.

By completing this MSc in Islamic Finance, students will gain a solid foundation in financial theory augmented by specialized knowledge of Islamic financial principles, enabling them to be innovative and ethical leaders in the financial sector. Whether aiming for a career within Islamic financial institutions or broader roles in traditional banking and finance that require expertise in this niche, graduates will emerge equipped with the skills, knowledge, and ethical outlook necessary for success in this globally expanding field.

Detailed Course Facts

• GBP 9000 Module (EEA)
• GBP 12000 Module (Non-EEA)

• English

Course Content

• Corporate Finance (30 Credits) - Compulsory
• Corporate Governance and Corporate Accountability (30 Credits) - Optional
• Economic and Accounting Environment (30 Credits) - Optional

English Language Requirements

IELTS band : 6.5

To study at this university, you have to speak English. We advice you to

Requirements

Work Experience

No work experience is required.

Related Scholarships*

• Academic Excellence Scholarship

  "The Academic Excellence Scholarship can provide up to a 50 % reduction in tuition per semester. These scholarships will be renewed if the student maintains superior academic performance during each semester of their 3-year Bachelor programme. The scholarship will be directly applied to the student’s tuition fees."

• Access Bursary

  Bursary for UK students all subjects where the variable tuition fee rate is payable.

• Alumni Bursary

  Alumni Bursary for UK Undergraduate students

* The scholarships shown on this page are suggestions first and foremost. They could be offered by other organisations than Middlesex University.

The MSc in Islamic Finance at Middlesex University is a specialized postgraduate programme designed to provide students with a comprehensive understanding of the principles and practices of Islamic finance. The programme focuses on the core concepts of Islamic banking, finance, and economics, emphasizing shariah compliance and ethical considerations inherent in Islamic financial transactions. Students are introduced to the legal and contractual frameworks that underpin Islamic finance and explore key financial instruments such as sukuk, mudarabah, and murabaha. The curriculum combines theoretical knowledge with practical applications, preparing graduates for careers in Islamic financial institutions, investment firms, and regulatory bodies.

Throughout the course, students engage with contemporary issues facing the Islamic finance industry, including risk management, compliance, and the development of innovative financial products that adhere to Islamic principles. The programme also covers global perspectives on Islamic finance, examining its growth and integration within the international financial system. In addition to academic coursework, students have opportunities for research projects, case studies, and industry placements, providing practical insights and experience.

Middlesex University’s strong links with industry partners and professional bodies facilitate access to guest lectures, seminars, and networking events, enriching the learning experience. The faculty comprises experts in Islamic finance, banking, and law, offering students valuable mentorship and guidance. The MSc in Islamic Finance is suitable for individuals seeking to deepen their understanding of Islamic financial principles or to advance their careers within the Islamic finance sector. Graduates of the programme are well-equipped to contribute to the development and management of ethical finance solutions aligned with Islamic values in a competitive global market.