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 Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF610 | Research Methodology | 3 | None |
| MAEF620 | Islamic Economics | 3 | None |
Semester 2
| Course Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF630 | Islamic Finance Principles & Fiqh | 3 | None |
| MAEF640 | Accounting For Islamic Institutions | 3 | None |
Semester 3
| 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)
Semester 1
| Course Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF710 | Islamic Finance Contracts | 3 | None |
| MAEF720 | Islamic Financial Transactions | 3 | MAEF660 |
Semester 2
| Course Code | Course Name | Cr. Hrs. | Pre-Requisites |
|---|---|---|---|
| MAEF730 | Islamic Corporate Finance | 3 | None |
| MAEF740 | Islamic Banking | 3 | None |
Semester 3
| 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 |