International Centre for Education in Islamic

International Centre for Education in Islamic

Courses
4
Scholarship
Yes

Overview

Campus setting Urban
Living cost USD 431 per month
Student population Small (1,000 or less)
International students 10%
Institution type Private

INCEIF (International Centre for Education in Islamic Finance) was set up by Bank Negara Malaysia (Central Bank of Malaysia) in 2005 to develop human capital for the global Islamic finance industry. Commonly known as INCEIF – The Global University of Islamic Finance, it is the only university in the world dedicated to Islamic finance. INCEIF is part of Malaysia\'s initiative to promote education in Islamic finance for the domestic and international finance community. In August 2007, the Ministry of Higher Education Malaysia accorded INCEIF with the university status. In February 2009, Bank Negara Malaysia Governor Tan Sri Dato\' Sri Dr. Zeti Akhtar Aziz was officially proclaimed as the first Chancellor for INCEIF.

The proclamation is in accordance with the constitution of INCEIF where Tan Sri Dr Zeti Akhtar, as the Chairman of INCEIF\'s Board of Directors, assumes the position of Chancellor. The proclamations were made during the first convocation in 2009 where INCEIF admitted its first batch of graduates, who completed the flagship programme Chartered Islamic Finance Professional (CIFP). Apart from its academic programmes, which are CIFP, Masters in Islamic Finance Practice (MIFP), MSc in Islamic Finance and PhD in Islamic Finance, INCEIF also undertakes customised executive education programmes and industry-focused applied research. The curriculum at INCEIF is structured with inputs from Shariah scholars and industry players to bridge the gap between academic knowledge and industry experience. Its faculty members provide INCEIF students with mentoring relationships and opportunities for professional development. INCEIF is governed by a Governing Council. Supporting the Governing Council is the Professional Development Panel whose role is to set performance standards to ensure a high quality of programme content and the Executive Committee.

 

Why study at INCEIF - International Centre for Education in Islamic Financ

  • INCEIF is the only university in the world dedicated to Islamic finance, and is part of Malaysia's initiative to promote education in Islamic finance for the domestic and international finance community.
  • Governed by a Governing Council, the curriculum at INCEIF is structured with inputs from Shariah scholars and industry players to bridge the gap between academic knowledge and industry experience.
  • As of 2014, INCEIF has established partnerships with various local finance organisations such as Prudential BSN Takaful Berhad and OCBC Al-Amin as well as international industries including World Bank, Islamic Development Bank and Islamic Financial Services Board.
  • At INCEIF, both students and staff play a critical role in uplifting the level of the institution, gathering some of the best minds in the field of Shariah, Islamic Finance, Islamic Banking, Islamic Economics, and even Econometrics.

 

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