About the Course

Insurance is an important fixture in society whereby it supports both national and international economic development and growth. The Takaful industry has shown tremendous growth over the years, offering insurance based on Islamic principles. This can be seen by the rising number of financial institutions providing Takaful insurance in comprehensive packages, at par with those offered by their conventional counterparts. The Takaful degree programme at Management and Science University is designed to provide you with a comprehensive background in finance specifically in Takaful. This programme is delivered using innovative techniques and you will spend your class time immersed in collaborative group discussions, presentations and projects. An internship at the end of the programme will give you the final exposure in the Takaful industry before you embark on your future career.

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.


KPT/JPS ( N/343/6/0211 ) 11/21


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
  • Islamic Financial Management
  • Principles of Takaful
  • Accounting for Islamic Financial Institution
Year Two
  • Framework of Takaful
  • Financial Risk Management
  • Islamic Financial Planning
  • Islamic Investment
Year Three
  • Econometrics
  • Contract in Islamic Finance
  • Industrial Training
Career Prospects
  • Insurance / Takaful Executive
  • Islamic Finance Advisor
  • Risk Management Executive
  • Shariah Compliance Officer
Want to Know More?

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