International Centre for Education in Islamic

International Centre for Education in Islamic

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Master in islamic Finance practice

  Study Mode FULL TIME
  Duration 2years
Intake Deadline
  Tution Fees N/A

Designed for working professionals, our comprehensive MIFP programme takes you beyond Islamic finance, imparting knowledge and instilling values, as you prepare to join the industry's top brass.

The MIFP programme is a postgraduate course aimed at producing industry practitioners with global insight, holistic knowledge and cutting-edge expertise in Islamic finance. It is accredited by the Malaysian Qualifications Agency (MQA), and is developed by renowned academicians and experts from both conventional and Shariah financial fields, ensuring that students graduate with knowledge of both disciplines.

The course modules cover a wide range of critical topics ranging from wealth management, banking and investment to financial services, ethics and governance. Students will obtain comprehensive and practical understanding of Islamic economics, finance and Shariah as well as the environment in which Islamic finance players operate.


Component of Courses Credit Hours
1 12 Core Courses 36
2 Electives (to choose 1 from 4 electives) 3
3 Practice Paper 3
Total Credit Hours to Complete 42


  • Bachelor's degree in Muamalat and recognised Islamic Finance or equivalent with a minimum CGPA of 2.50 out of 4.00.

  • Candidates with CGPA of below 2.50 but above 2.00, with a Bachelor’s degree from other fields may be considered, subject to additional internal assessments.

  • Admission via Accreditation of Prior Experiential Learning (APEL)

    • Malaysian citizen aged 30 years and above; and

    • Holding Diploma / STPM / Matriculation / A-level or equivalent;

    • Working and learning experience can be accredited; and

    • APEL assessment

  • English proficiency:

    • Malaysian University English Test (MUET): Band 4 and above; or

    • IELTS - band 6; or

    • TOEFL: 550 (PBT), 79 (IBT) and above;

  • Exemption:

    • Candidates from native English speaking countries
    • Candidates with academic qualifications from institutions using English as the full medium of instruction


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