About the Course

Islamic finance is a growing industry in the financial world which is garnering interest from many sectors. Similar to conventional financial systems, Islamic finance features banks, capital markets, fund managers, investment firms and insurance companies. These entities are regulated by Islamic law and the finance industry rules and regulations which apply to their traditional counterparts. The Bachelor in Islamic Finance programme is geared to provide you with the fundamentals in Islamic finance focusing on a comprehensive exposure to its concepts, principles and practices. You will complement your study of Islamic finance with other courses such as economics, accounting and management. The built-in industry training will also give you valuable first-hand experience in the field.

Entry Requirements

i. A recognised Certificate in Matriculation or Foundation with a minimum CGPA of 2.0 and a pass in Mathematics at SPM level or its equivalent; OR

ii. A pass in STPM with TWO full passes with a minimum CGPA of 2.0 or its equivalent and a pass in Mathematics at SPM level or its equivalent; OR

iii. A pass in STAM with a minimum grade of Jayyid and a pass in Mathematics at SPM level or its equivalent; OR

iv. A Diploma (Level 4, MQF) in MIF or related fields with a minimum CGPA of 2.5 or equivalent; (Candidates with CGPA below 2.5 but above 2.0 may be admitted subject to an internal assessment process) OR

v. Any other Diploma (Level 4, MQF) with a minimum CGPA of 2.5; OR

vi. Other relevant equivalent qualifications recognised by Malaysian Government.


i. The pass in Mathematics at SPM level for candidate (i), (ii) and (iii) can be waived should the qualification contains Mathematics with equivalent / higher achievement.

ii. Students is required to undergo Arabic language enhancement course at the beginning of the programme except to candidate with a pass in Arabic language at STPM/ STAM/ Matriculation/ Foundation/ Diploma or equivalent/ higher.

iii. Students must pass the Arabic enhancement course as a prerequisite to related core courses. However, this still allows students to take both core and non-core courses that do not require Arabic language enhancement course.

iv. Credit for Arabic language enhancement course is additional to the programme and can be considered for the graduating credit.

Credit Hours

3 years


(R/343/6/0212) (11/28) (MQA/FA4246)


RM55,000 - RM60,000

*The stated fees are estimation on overall completion of the program. In any cases where there are credit exemptions, offered rebates or approval of scholarship applications, there will be considerable reduction in the fees

The fees stated here are for Malaysians or local students only. Kindly refer to MSU regarding the fees for international students

Among the Courses Offered
Year One
  • Islamic Economics
  • Foundation of Islamic Finance
  • Accounting for Islamic Financial Institutions
  • Quantitative Techniques
Year Two
  • Islamic Financial Management
  • Islamic Investment
  • Islamic Capital Management
  • Usul Fiqh
Year Three
  • Equity Market
  • Econometrics
  • Islamic Financial Planning
Year Four
  • Industrial Training
Career Prospects
  • Islamic Finance Advisor
  • Investment Officer
  • Financial Analyst
  • Shariah Compliance Officer
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