Master’s degree

Master’s Program 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 four options: Exam, Professional Paper, Thesis, or Internship. The thesis option is designed for those students wishing to pursue a PhD in Islamic Finance.

You’ll learn how to:

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

Get Started

2 Years

Approximately

36

Total Credits

$125

Cost Per Credit

Online/Live

Format

MAEF Degree Program Outcomes:

Graduates of the MAEF program will be to. . .

  1. Exhibit basic and functional knowledge of Islamic finance principles, Islamic economics, Islamic financial institutions, Islamic banking, Islamic accounting, risk management, portfolio management and corporate finance.
  2. Exhibit their expertise in Islamic finance, by conducting research of publishable quality in any area of Islamic finance or economics or by writing a professional paper or internship report.
  3. Engage in a managerial position in an Islamic financial institution or employment in an Islamic finance related area.
  4. Contribute to the Islamic community as a professional in sharia economics and finance.
  5. Advance to additional graduate or doctoral studies.

Program Course List:

Post Baccalaureate Certificate of Islamic Finance Professional

Year One Courses (18 Credit Hours – Full Time)

 

Spring Semester
Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF610Research Methodology3None
MAEF620Islamic Economics3None
Summer Semester
Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF630Islamic Finance Principles & Fiqh3None
MAEF640Accounting For Islamic Institutions 3None
Fall Semester
Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF650Islamic Capital Market3None
MAEF660Islamic Portfolio Management3None

 

Year Two Courses (18 Credit Hours – Full Time)

 

Spring Semester
Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF710Islamic Finance Contracts3None
MAEF720Islamic Financial Transactions3MAEF660
Summer Semester
Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF730Islamic Corporate Finance3None
MAEF740Islamic Banking3None
Fall Semester
Course CodeCourse NameCr. Hrs.Pre-Requisites
MAEF750Risk Management in Islamic Institutions3None
MAEF770Graduation Capstone3Completion of All MAEF Courses

Ready to apply for this program?