Overview of Bachelor of Science(Hons) in Islamic Finance in MAHSA University Malaysia
According to World Bank, Islamic finance has emerged as an effective tool for financing development worldwide, including non-Muslim countries, Islamic finance is a fast growing segment of the financial industry in many parts of the world. It has registered double-digit growth rates in the past decade despite challenging circumstances globally. Its reach and influence has expanded beyond the traditional Islamic markets with increasingly strong footholds in banking, takaful and the capital market.
Since 2008, Islamic banking has been growing at an estimated annual rate of 10-15% in non-Muslim countries such as the USA, Britain and France, as an ethical and sustainable alternative to the conventional, profit-driven banking system. Year after year, there has been continuous expansion of total Islamic finance assets as well as a sophistication of products, together with an ever-growing number of countries, companies and institutions participating in the industry.
MAHSA Bachelor of Science Islamic Finance is a 3.5 years programme and is designed in consultation with the university partners. It aims to produce graduates in the field of Islamic Finance who are not only knowledgeable and skilful but as well as individuals who would demonstrate high level of integrity coupled with sound social and personal disposition that will be an asset to the organization that they can work with. Apart from that, there individuals will display leadership characteristics with aim of achieving the principles of Magasid al-Shariah.