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WijhaUniوجهة يوني

Business & Management · Bachelor's

Bachelor of Science (Hons) in Islamic Finance

MAHSA University

Program overview

According to the World Bank, Islamic finance has emerged as an effective tool for financing development globally, including in non-Muslim countries. This sector is one of the fastest-growing segments of the financial industry in various regions, having achieved double-digit growth rates over the past decade despite global challenges. Its influence has expanded beyond traditional Islamic markets, establishing strong presences in banking, takaful (Islamic insurance), and capital markets.

Since 2008, Islamic banking has been growing at an estimated annual rate of 10-15% in non-Muslim countries like the USA, the UK, and France, serving as an ethical and sustainable alternative to conventional profit-driven banking systems. Year after year, the total assets of Islamic finance have consistently expanded, accompanied by more sophisticated products and an increasing number of countries, companies, and institutions participating in the industry.

The Bachelor of Science in Islamic Finance at MAHSA University is a 3.5-year program developed in collaboration with university partners. It aims to produce graduates who are not only knowledgeable and skilled in Islamic finance but also demonstrate a high level of integrity along with sound social and personal qualities that will be valuable to their future organizations. Additionally, these graduates will exhibit leadership characteristics, striving to uphold the principles of Maqasid al-Shariah.

Entry Requirements

STPM

  • Pass with minimum Grade Jayyid and a pass in Maths. Pass in Arabic Language at SPM (excluded if Arabic Language is equal/higher at STPM/STAM/Matriculation/Diploma or equivalent).
  • (Candidate without pass Arabic language at SPM/STPM/STAM/ Matriculation/Diploma or equivalent are required to undergo Arabic language enhancement course before beginning the programme.)

For other qualifications and certificates (e.g., UEC, Foundation, STAM, etc..) please contact our educational consultants or submit your application for Admission assessment.

Future Careers

Banker

Islamic Financial Analyst

Islamic Personal Financial Advisor

Shariah Auditor

Loan Officer

Investor Relations Associate

Islamic Financial Planner

Islamic Estate Planner

Islamic Unit Trust Planner

Takaful Planner

Shariah Advisor Consultant

Curriculum

Show full curriculum

Among the courses offered

Year One

  • Principles of Accounting
  • Microeconomics
  • Business Mathematics
  • Business Statistics
  • Syariah Islamiyyah
  • Principles of Fiqh Mua'malat
  • Principles of Finance
  • Macroeconomics
  • Islamic Finance
  • Islamic Economics
  • Human Resource Management
  • Tarikh Tashri

Year Two

  • Usul Company Law
  • Money and Banking
  • Basic Arabic for Muamalat 1
  • Fundamentals of Islamic Management
  • Islamic Financial Service Legal Framework
  • Principles and Practices of Takaful
  • Accounting for Islamic Financial Transactions
  • Basic Arabic for Muamalat 2
  • Professional Communication
  • Qawa'id Fiqhiyyah
  • Entrepreneurship from Islamic Perspective
  • Application of Fiqh Mu'amalat in Islamic Finance
  • Islamic Theology

Year Three

  • Marketing Management
  • Islamic Money and Payment System
  • Banking and Finance Information System
  • Auditing and Governance for Islamic Financial Institutions
  • Investment Analysis
  • Islamic Risk Management
  • Islamic Capital Market
  • Islamic Wealth Management
  • Waqf Management
  • Elective 1
  • Elective 2

Year Four

  • Practical Training

General Courses

  • Youth Development
  • Community Project
  • Entrepreneurship

Internatioal Students

  • Malaysia Studies
  • Bahasa Melayu Komunikasi

Entry requirements

Bachelor's: strong high-school results, a foundation, or a diploma.

Typically IELTS 5 or equivalent (TOEFL / PTE). Some universities offer a preparatory English program if you haven't reached the score yet.

Exact requirements vary by program, and an English certificate such as IELTS or an equivalent may be required.

Career opportunities

  • Business manager
  • Marketing specialist
  • Accountant
  • Financial analyst
  • Entrepreneur

Is this program right for you?

Send us your qualifications and we'll confirm your eligibility and next steps during your consultation.

No commitment required