Overview

Upon completion of this multi-disciplinary doctoral programme in Islamic Banking and Finance at the International Islamic University of Malaysia, the graduate is expected to undertake independent research and contribute to quality publications in their field of expertise.

Programme Objectives

To attract and train high potential talent in Islamic Banking and Finance
To futher develop and enhance the theory and practice of Islamic Banking and Finance
To meet the global demand for expertise in Islamic Banking and Finance industry

Programme Structure

Research areas include:

Fiqh Muamalat in Islamic Banking and Finance
Islamic Banking and Finance Law
Performance and Efficiency of Islamic Banks and Takaful
Economics Policy and Analysis of Islamic Banking and Finance
Regulatory and Governance
Takaful and Re-Takaful
Investment Banking
Islamic Wealth Management
Islamic Capital Market
Islamic Micro-Credit and Micro-Financing
Corporate and Shari'ah Governance for Islamic Banking and Finance
Waqf
Risk Management

Key information

Duration

Full-time
- 36 months
Part-time
- 72 months

Start dates & application deadlines

Starting 2025-08-05 00:00:00
- Apply before 2025-05-31 00:00:00
Starting 2025-10-09 00:00:00
- Apply before 2025-07-31 00:00:00
Starting 2026-03-04 00:00:00
- Apply before 2025-12-31 00:00:00

Language

English

TOEFL^® IBT

79

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Delivered

On Campus

Disciplines

Finance Islamic Studies Banking

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Academic requirements

GPA

2.75

English requirements

TOEFL^® IBT

79

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Other requirements

General requirements

A relevant Bachelor's degree and Master's degree or equivalent from IIUM or any other accredited institution of higher learning
A suitable Research Proposal is required for Ph.D. applicants

Required documents:

1 passport sized photograph
A copy of your passport (detail page)
Academic certificates and transcripts (verified by Institution or Ministry)
Research Proposal (compulsory for those applying for PhD programmes by research only mode)
Financial statement or scholarship letter (if any)

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

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

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 International Islamic University of Malaysia and/or in Malaysia, please visit Student Insurance Portal.

Tuition Fee

To always see correct tuition fees

International

15323 MYR/year

Tuition Fee

Based on the tuition of 45970 MYR for the full programme during 36 months.
National

9731 MYR/year

Tuition Fee

Based on the tuition of 29195 MYR for the full programme during 36 months.

Living costs for Kuala Lumpur

2210 - 3815 MYR /month

Living costs

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

Funding

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Scholarships Information

Below you will find PhD's scholarship opportunities for Islamic Banking and Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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