The CIFP Programme:

(Chartered Islamic Finance Professional)

• Aimed at producing high calibre professionals with the necessary technical skills and knowledge in Islamic finance
• Combines industry specialists and renowned scholars to provide a highly qualified teaching faculty to ensure a holistic blend of academic learning and financial industry practical experience
• Divided into three parts, each part offers comprehensive course modules that will strategically prepare candidates to build knowledge, skills, competencies and experience as they enter the Islamic financial services industry
• The teaching faculty will supplement candidates with topical reading materials throughout the course at INCEIF
• The CIFP is accredited as equivalent to a Masters degree with total credit hours of 48 hours including 6 hours for internship

The MIF programme is designed for academics and practitioners who wish to broaden their research as well as to fast track their career in Islamic finance. The programme will provide the candidates with:
• a strong foundation in the principles and practice of Islamic finance;
• a substantial base of new concepts and knowledge; and
• new skills, analytical tools and perspectives which provide a sound basis for financial decision‐making. The programme can be completed within two to four years.
 

MIF by Coursework

• Total credit hours : 46 including 6 for project paper MIF by Coursework and Dissertation

• Total credit hours : 46 including 21 for dissertation


Admission requirements
1- A bachelor’s degree or an equivalent professional qualification from a recognised institution.
2- Demonstration of proficiency in English.

ELECTIVES (ANY TWO)
Islamic Law of Contracts (3)
Islamic Partnership Corporate & Securities Law (3)
Islamic Wealth Planning Management (3)
Mathematical Methods (3)
Econometrics I (3)
Project Paper (6)

ELECTIVES (ANY TWO)
Islamic Law of Contracts (3)
Islamic Partnership Corporate & Securities Law (3)
Islamic Wealth Planning Management (3)
Mathematical Methods (3)
Econometrics I (3)
Corporate Finance (3)
Valuation (M & A) (3)
Risk Management in Islamic Institutions (3)
Islamic Por􀆞olio Management (3)

The PhD Programme:

INCEIF’s PhD programmes are structured to allow candidates to develop the technical and intellectual ability to enable them to pursue doctoral research across a broad range of areas in Islamic finance.

•The PhD by Coursework and Dissertation is designed for candidates who will benefit from exposure to Islamic finance and are interested in pursuing research in Islamic finance.

• Total credit hours required for graduation : 64 hours including 6 hours of specialisation and 24 hours for dissertation

•The PhD by Research is designed for candidates with industry exposures and experiences.

• Total credit hours required for graduation : 64 hours comprising 22 hours of coursework and 42 hours of research for thesis.

The INCEIF PhD is industry‐driven and is based on strong academic fundamentals, emphasising robust and rigorous knowledge in Islamic finance.

The Courses

Core

1- Islamic Economics (3)
2- Corporate Finance (3)
3- Islamic Finance (3)
4- Accounting for Islamic Financial Transactions (3)
5- Usul Fiqh and Qawaid Fiqhiyyah (3)
6- Islamic Law of Contracts (3)
7- Fiqh Muamalat (3)
8- Research Methodology in Economics and Finance (4)
9- Econometrics I (3)
10- Econometrics II (3)
11- Econometrics III (3)

Specialization

A. Takaful Operations (3), Islamic Risk Management (3)
B. Islamic Banking (3), Islamic Portfolio Management (3)
C. Islamic Capital Market (3), Islamic Wealth Management (3)
Dissertation/Thesis (24 / 42)

The numbers in bracket denote the required credit hour

6 Private Universities and 2 Public University are offering long distance learning programmes in Malaysia

These are the Eight Higher Learning Institutions offering open long distance learning programmes in 2013:
1) Al-Madinah International University
2) Universiti Tun Abdul Razak
3) Wawasan Open University
4) Malaysia Open University
5) Asia e University
6) International Centre for Education in Islamic Finance
7) Universiti Putra Malaysia
8) The School of Distance Education (SDE) Universiti Sains Malaysia

Key Benefits:

• Jointly taught by faculty members of INCEIF and University of Reading

•Leads to a post graduate degree from the University of Reading

•Leads to professional qualification from INCEIF, subject to completion of further papers

•Provides opportunity to study alongside Islamic finance professionals

•Students spend 9 months in the Reading campus and 3 months in INCEIF, Kuala Lumpur

• Islamic Development Bank, Saudi Arabia
• Meezan Bank, Pakistan
• Ceylinco Business Group, Sri Lanka
• 5 local Takaful operators in Malaysia
• LPPI, Indonesia
• NIBAF, Pakistan
• Emirates Institute of Banking and Financial Studies, Sharjah, UAE
• Sudan Academy for Banking and Financial Sciences, Sudan
• Central Bank of Syria, Syria

Strategic Objectives:

• Address current gap in active applied Shariah research in Islamic finance eg product innovation, risk mitigation techniques & tools, liquidity management & hedging

• Talent enrichment – financial savvy Shariah scholars & Shariah savvy financial practitioners

• Provide platform for proactive stakeholders engagement – practitioners, scholars, regulators, academicians via research & dialogues

• Base for Shariah convergence and mutual respect, with Malaysia’s proactive involvement and influence