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MASTER OF ISLAMIC ECONOMICS

The Master of Islamic Economics was established to promote Malaysia as a center of

excellence in education and training in economics, banking and finance. This program will

train students in the field of Islamic economy that ultimately provide trained manpower to the

local and global financial and industrial sectors. The program is also designed to increase the

capacity of trained manpower capable of performing research in this area and provide the

needed human resource for next generation education in Islamic economic. This program is

suitable for economics or shariahgraduates.

Admission Requirements

Candidates who possess the following qualifications are eligible to apply for this programme:

Bachelor of Economics with high cumulative grade point average from institution of

higher learning recognized by the Senate; or

Foreign students are required to achieve a TOEFL of at least 550 or IELTS band 6, or

other English proficiency score recognized by the Senate.

Period of Study

The period of full-time study is two (2) to four (6) semesters, while part-time study is four (4)

to ten (10) semesters.

Programme Structure

This programme has two modes of study; coursework and thesis.

(A) Coursework (40 units)

Core courses 16 units

Specialization courses 16 units

Academic paper 8 units

List of Courses:

Core Courses (16 units)

Econometric Methods

Fiqh for Economics

Advanced Islamic Economics Analysis

Money, Zakat and Real Economy

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Specialization Courses (16 units)

(i) Islamic Banking Islamic Banking

Islamic Money and Capital Market

Islamic Banking Risk Management

Current Issues in Islamic Banking

(ii) Islamic Finance

Islamic Financial Management

Islamic Wealth Management and Planning

Islamic Money and Capital Market

Theory and Practice of Takaful

Academic Paper (8 units)

An academic paper should not be more than 20,000 words (not including footnotes,

abstract, appendices, formulae, tables, diagrams, etc).

(B) Thesis

A masters thesis should not exceed 50,000 words (not including footnotes, abstract,

appendices, formulae, tables, diagrams, etc).

ApplicationApplication form can be downloaded from http://www.ukm.my/pps or at Center for Graduate

Management, Universiti Kebangsaan Malaysia.

Tuition FeePlease browse http://www.ukm.my/pps

Please direct all enquiries to

Faculty of Economics and Management

Universiti Kebangsaan Malaysia

43600 UKM Bangi, Selangor Darul Ehsan

Tel: +603-89215360/3262

Fax: +603-89251821

E-mail: dfep@ukm.my

Website: http://www.ukm.my/fep

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