PhD in Islamic Finance INCEIF University

Why Ph.D. in Islamic Finance?

Since its inception, INCEIF has set the benchmark for excellence in industry research. Our renowned scholars and seasoned industry leaders strive to create a nurturing environment where exceptional minds can flourish, driving progress and development in the realm of Islamic finance.

The Ph.D. in Islamic Finance program is an innovative, multidisciplinary, and research-based doctoral program that imparts the required analytical and investigative skills to further expand your theoretical knowledge. Moreover, the programs enable you to acquire a comprehensive understanding of Islamic finance and enhance the ability to analyze and interpret developments in the rapidly growing Islamic financial services market. Thus, you will have the competency to tackle emerging challenges and opportunities in the context of industry requirements. Visionary scholars have an opportunity to learn directly from experienced academicians and industry leaders while being involved in applied research and consultancy projects with businesses and institutions in the Islamic finance field.

INCEIF’s Ph.D. program is also designed for exceptional high-caliber students and those who are internationally renowned for their research and thought leadership. INCEIF Ph.D. graduates are sought after for business and management consultancy rolesin the industry, senior management roles in governments, in addition to academic leadership positions in reputed universities and top business schools. The program also allows a candidate with little or no background in Islamic finance to undertake research and make meaningful contributions to academia, practice, and policy.

There are 2 options to earn your Ph.D. in Islamic Finance :

• 1. Coursework and Dissertation. This is an intensive program designed for students who require exposure to coursework before pursuing research in Islamic finance.
• 2. Research. This option is for students with extensive exposure and research industry experience.

The INCEIF Edge

The Malaysian Advantage

Experience Islamic Finance in action in the cradle of modern Islamic Finance where strong regulatory support has resulted in a robust industry.

Network With Industry Experts

In addition to attending regular classes and tutorials, students will get the opportunity to interact with seasoned leaders during talks where invited industry speakers share the practical aspects of Islamic Finance.

By Coursework and Dissertation

Ph.D. by Coursework and Dissertation requires completion of 12 core courses, 2 elective courses, and a Dissertation.

Total credit hours: 80

Core Courses (34 credit hours)

• Economics for Islamic Finance
• Corporate Finance
• Islamic Law and Jurisprudence
• Islamic Law of Contracts
• Islamic Banking
• Islamic Capital Market
• Research Methodology in Economics and Finance
• Mathematical Methods for Economics and Finance
• Proposal Writing
• Seminar in Shariah
• Seminar in Finance
• Seminar in Economics

Electives (6 credit hours)

Choose any 2

• Portfolio Management
• Monetary Economics
• Financial Econometrics
• Risk Management in Islamic Financial Institution
• International Finance
• Wealth Planning Management
• Accounting for Islamic Financial Transactions
• Takaful Operations
• Advanced Econometrics
• Financial Modelling

Dissertation (40 credit hours)

• 40,000 – 60,000 words

By Research

Ph.D. by Research requires 7 pre-requisite courses before proceeding to the research component.

Pre-requisite Courses

• Islamic Banking
• Islamic Capital Market
• Seminar in Economics
• Seminar in Finance
• Seminar in Shariah
• Research Methodology in Economics and Finance
• Mathematical Methods for Economics and Finance

Thesis

• Minimum of 60,000 words