MASTER’S IN ISLAMIC ECONOMICS & FINANCE

The Master’s in Islamic Economics & Finance program encompasses two different components. Successful completion of the two components (total of 36 credit hours) courses and the Graduation Capstone entitles the candidate to earn a Master’s Degree in Islamic Economics & Finance. 

The Graduation Capstone allows for three options: Exam, Professional Paper, or Thesis. The thesis option is designed for those students wishing to pursue a PhD in Islamic Finance.

Completion of the first year courses (18 credit hours) will result in an industrial qualification in Post Baccalaureate Certificate of Islamic Finance Professional.

Post Baccalaureate Certificate of Islamic Finance Professional

Year One Courses (18 Credit Hours – Full Time)

Semester 1

Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF610Research Methodology3None
MAEF620Islamic Economics3None

Semester 2

Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF630Islamic Finance Principles3None
MAEF640Accounting For Islamic Institutions 3None

Semester 3

Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF650Islamic Capital Market3None
MAEF660Islamic Financial Transactions I3None

Year Two Courses (18 Credit Hours – Full Time)

Semester 1

Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF710Islamic Finance Contracts3None
MAEF720Islamic Financial Transactions II3MAEF660

Semester 2

Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF730Islamic Corporate Finance3None
MAEF740Islamic Banking3None

Semester 3

Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF750Risk Management in Islamic Institutions3None
MAEF760Islamic Portfolio Management3None
MAEF770Graduation CapstoneCompletion of All MAEF Courses