Overview

The University of Dundee aims to undertake world-class research in Islamic political and moral economy, finance and banking. All research projects will be inspired both theoretically and methodologically by humanities and social sciences subject areas, including political and moral economy, economics, development, philanthropy, and Islamic commercial law.

Areas of research

While research in Islamic Finance has expanded quickly, general research in Islamic economics, which began in the 1970s and 1980s, has grown more slowly.

The areas of research that we focus on include all broad areas of Islamic economics and finance (for example, Islamic political/moral economy, Islamic banking and finance, Islamic insurance, Islamic capital markets, Islamic commercial law) by developing the theoretical, empirical and law-oriented studies in these areas.

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Programme Structure

Research areas include:

Islamic economics
formation of Islamic political economy
formulating Islamic moral economy
the theory of maqāsid al Shari’ahand its implications for Islamic economic theory
the development of Shariah based products
Islamic banking and finance and sustainable development
Islamic moral economy and the performance of Islamic banking and finance
Islamic capital markets (sukuk markets)

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Key information

Duration

Full-time
- 36 months

Start dates & application deadlines

Starting 2025-05-05 00:00:00

Application deadline not specified.
Starting 2025-09-22 00:00:00

Application deadline not specified.
Starting 2026-01-13 00:00:00

Application deadline not specified.

More details

You can apply for a PhD or other postgraduate research degree using our Direct Application System.We have three start dates per academic year.

Language

English

TOEFL^® IBT

87

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Delivered

On Campus

Disciplines

Finance Islamic Studies View 46 other PhDs in Finance in United Kingdom

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Academic requirements

GPA

Upper Second Class

English requirements

TOEFL^® IBT

87

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Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

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Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Dundee and/or in United Kingdom, please visit Student Insurance Portal.

Other requirements

General requirements

Entry requirements:

You should have an honours degree at 2.1 or above, and/or a Masters degree in a relevant discipline.

Once you have chosen a topic, you will need to contact the project supervisor before you submit your application.

Email the supervisor you would like to work with
Send a copy of your CV with qualifications and research experience
Discuss your potential application and any practicalities (e.g. suitable start date).

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Tuition Fee

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International

21940 GBP/year

Tuition Fee

Based on the tuition of 21940 GBP per year during 36 months.
National

4786 GBP/year

Tuition Fee

Based on the tuition of 4786 GBP per year during 36 months.

Living costs for Dundee

787 - 1494 GBP /month

Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.