International Centre for Education in Islamic

International Centre for Education in Islamic

  • Location: Kuala Lumpur, Malaysia,
  • Rating:
    ★★★★★
    ★★★★★
  • Scholarship:
    Yes
  • View:
    341
  • Type: Private Institution
  • Courses: 4
  • QS World University Rankings:
  • Times Higher Education World University Rankings:
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About International Centre for Education in Islamic Finance , Malaysia

INCEIF, officially known as the International Centre for Education in Islamic Finance, is a specialized university in Malaysia dedicated to advancing education and research in Islamic finance. Established with the vision of becoming a global knowledge leader, INCEIF University Malaysia attracts students from around the world who seek expertise in Islamic banking, finance, and financial services.

What makes INCEIF unique for international students is its exclusive academic focus on Islamic finance combined with global industry relevance. The university collaborates closely with regulators, financial institutions, and international scholars, ensuring that students receive education aligned with real-world financial systems.

INCEIF is a private university located in Kuala Lumpur, Malaysia’s financial and cultural hub. It operates in a modern urban campus environment and focuses primarily on postgraduate education, professional certifications, and research in Islamic finance and economics. The target audience includes students planning to study in Malaysia who aim to build careers in banking, finance, Shariah advisory, and policy-making.

History & Background

INCEIF was founded in 2005 by Bank Negara Malaysia, the Central Bank of Malaysia, in response to the growing global demand for skilled professionals in Islamic finance. From its inception, the university has played a strategic role in positioning Malaysia as a global Islamic finance hub.

The mission of INCEIF is to produce knowledgeable, ethical, and competent professionals who contribute positively to society. Its vision emphasizes academic excellence, innovation, and global leadership in Islamic finance education. INCEIF strongly promotes social responsibility, inclusivity, and global citizenship by integrating ethical finance principles into its academic framework.

Over the years, INCEIF has grown from a niche training institution into a globally recognized university offering master’s and doctoral programmes. Its graduates now work across continents, contributing to the development of Islamic financial systems worldwide.

Campus Environment & Facilities

INCEIF University Malaysia offers a professional and international-friendly campus environment in the heart of Kuala Lumpur. While not fully residential, the university supports students with access to nearby accommodation options suited for international learners.

The campus features modern classrooms equipped with smart learning technology, specialized finance and research labs, and a well-stocked digital and physical library focused on Islamic finance literature. Students also have access to discussion rooms, seminar halls, and collaborative learning spaces.

Student support services include academic advising, career guidance, research supervision, and international student assistance. Campus life is intellectually driven, with frequent public lectures, industry talks, and conferences, creating a dynamic learning environment for global students.

Faculties & Academic Programmes

INCEIF focuses on postgraduate and professional education through specialized academic schools and programmes. Its teaching approach emphasizes holistic learning, values-based education, and practical financial skills relevant to the global Islamic finance industry.

Faculties and Programmes at INCEIF

School / FacultyKey Programmes Offered
School of Islamic FinanceMaster in Islamic Finance, PhD in Islamic Finance
School of Business & EconomicsMaster in Business Administration (Islamic Finance), PhD in Business
School of Shariah & LawMaster of Islamic Finance Practice, Shariah Advisory Programmes
Foundation & Professional StudiesChartered Islamic Finance Professional (CIFP), Executive Programmes

These programmes are designed to equip students with strong analytical, ethical, and leadership skills for the financial sector.

Scholarships & Financial Support

  • INCEIF Malaysia offers merit-based and need-based scholarships for eligible students
  • Scholarships are available for selected master’s and PhD programmes
  • International students with strong academic records are encouraged to apply
  • Financial support may cover partial tuition fees depending on the programme
  • INCEIF is considered an affordable option compared to similar specialized universities globally
  • The university provides value-driven education for financially constrained but high-potential students

Student Life & International Community

INCEIF hosts a diverse international student population representing Asia, Africa, the Middle East, and Europe. This multicultural environment enhances cross-cultural learning and global networking opportunities.

Students engage in academic seminars, industry dialogues, student-led finance forums, and cultural exchange activities. While campus life is academically focused, students enjoy a supportive community that promotes collaboration, ethical leadership, and professional development. Student well-being is supported through mentoring systems and access to counseling and academic support services.

Why Choose INCEIF?

  • Globally recognized specialization in Islamic finance
  • Strong industry and regulatory linkages
  • Affordable tuition fees with scholarship opportunities
  • Multicultural and inclusive academic environment
  • Programmes aligned with global financial career paths
  • Emphasis on ethics, social responsibility, and leadership

Admission Process for International Students

  • Applicants must meet academic and programme-specific requirements
  • English language proficiency is required for all programmes
  • Required documents include academic transcripts, certificates, and passport copy
  • Applications are submitted online through the university portal
  • INCEIF offers multiple intakes depending on the programme
  • Visa assistance and guidance are provided to international students
  • Accommodation support is offered through recommended housing options

Career Prospects & Alumni Highlights

INCEIF provides strong career support through industry networking events, career talks, and alumni engagement. Graduates of INCEIF work in Islamic banks, conventional financial institutions, regulatory bodies, consultancy firms, and international organizations.

Common career roles include Islamic finance analyst, Shariah advisor, risk manager, investment consultant, and academic researcher. INCEIF alumni have built successful careers across Malaysia, the Middle East, Europe, and Africa, reflecting the global recognition of the university’s qualifications.

Living in Kuala Lumpur, Malaysia

Kuala Lumpur offers a vibrant and student-friendly environment with modern infrastructure and cultural diversity. International students benefit from a relatively affordable cost of living compared to other global capitals, with reasonable expenses for accommodation, food, and transportation.

The city features excellent public transport connectivity, including trains and buses. Kuala Lumpur is known for its warm climate, rich cultural heritage, and high safety standards, making it an ideal destination for international students.

Conclusion

INCEIF stands out as a premier institution for students seeking specialized education in Islamic finance. With its global reputation, affordable fees, strong industry connections, and ethical academic approach, INCEIF University Malaysia is an excellent choice for international students.

Prospective students are encouraged to explore available programmes, review scholarship opportunities, and apply early. Contact INCEIF today to begin your journey toward a globally recognized career in Islamic finance.

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