Islamic Banking and Finance MSc

Program Overview

The MSc in Islamic Banking and Finance from the University of Dundee and Al-Maktoum College provides a comprehensive understanding of Islamic finance principles and practices. It prepares students for careers in Islamic banking, finance, and other related fields. The program offers an optional internship, scholarships, and international internship opportunities. Graduates gain a solid foundation in the industry's operations, risk management, and contemporary issues.

Program Outline

Degree Overview:

The MSc in Islamic Banking and Finance is a 12-month full-time program offered by the University of Dundee in collaboration with Al-Maktoum College. This program provides a comprehensive understanding of the Islamic banking sector and the broader world of Islamic finance, which operates in over 75 countries worldwide.

Objectives:

The program aims to:

• Develop a specialist understanding of the principles and practices of Islamic Finance and traditional western finance.
• Provide a global career perspective and open doors to international opportunities.
• Equip students with the knowledge and skills to understand and manage Islamic financial institutions and products.
• Foster a comprehensive understanding of the emergence and functioning mechanisms of Islamic capital markets.
• Explore contemporary issues and debates in Islamic finance, including internationalization strategies and strategic business decisions.
• Provide a clear distinction between Islamic finance and other types of finance.
• Develop a thorough understanding of the operations of Islamic banks and financial markets.
• Equip students with the skills to manage risk within Islamic financial institutions.

Careers:

The MSc in Islamic Banking and Finance provides a solid foundation for careers in various fields related to Islamic finance, including:

• Islamic Banking
• Islamic Finance
• Sharia-compliant investment
• Financial consulting
• Research and development in Islamic finance

Other:

• The program offers an optional 8-week internship that can be completed abroad or online.
• Students can access resources and support from both the University of Dundee and Al-Maktoum College.
• Scholarships are available from both institutions.
• The program includes the opportunity for a global internship in countries like China, Vietnam, or Manchester.
• The program is taught in partnership with Al-Maktoum College, Dundee.