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 three options: Exam, Professional Paper, or Thesis. 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. . .
- 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.
- 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.
- Engage in a managerial position in an Islamic financial institution or employment in an Islamic finance related area.
- Contribute to the Islamic community as a professional in sharia economics and finance.
- 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 Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF610 | Research Methodology | 3 | None |
| MAEF620 | Islamic Economics | 3 | None |
Summer Semester
| Course Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF630 | Islamic Finance Principles & Fiqh | 3 | None |
| MAEF640 | Accounting For Islamic Institutions | 3 | None |
Fall Semester
| Course Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF650 | Islamic Capital Market | 3 | None |
| MAEF660 | Islamic Portfolio Management | 3 | None |
Year Two Courses (18 Credit Hours – Full Time)
Spring Semester
| Course Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF710 | Islamic Finance Contracts | 3 | None |
| MAEF720 | Islamic Financial Transactions | 3 | None |
Summer Semester
| Course Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF730 | Islamic Corporate Finance | 3 | None |
| MAEF740 | Islamic Banking | 3 | None |
Fall Semester
| Course Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF750 | Risk Management in Islamic Institutions | 3 | None |
| MAEF770 | Graduation Capstone | 3 | Completion of All MAEF Courses |