Program Description
The MIFM Program, embraces both Islamic and conventional finance. Islamic finance benefits from the insights and the excellent technical instruments developed by conventional finance; conventional finance enjoys a broader scope by recognizing and including the ethical underpinning of the Islamic finance industry. This view thus expands the potential of the field of finance and offers a clear strategic edge to firms that can modify their mindsets. In particular, MIFM offers this key benefit to its students.

The MIFM program contains a balanced mix of conventional and Islamic finance modules. This structure enables students to gain a clear overview on the similarities, divergences, and synergies between Islamic and conventional finance and prepares them to hold key positions in the Islamic banking industry.
Educational Objectives
  • Develop students' understanding of the conceptual framework of conventional and Islamic finance.
  • Provide students with quantitative and conceptual analytical skills needed for effective Islamic financial management.
  • Develop students' ability to apply the technical aspects of conventional finance within the Islamic finance framework.
  • Develop students' interpersonal and leadership skills relevant to the global nature of Islamic and conventional finance.
  • Develop students' understanding of the ethical and legal responsibilities that shape the field of Islamic finance.
  • Provide students with technological skills needed to process information and make effective Islamic financial management decisions.


Learning Outcomes

  • Demonstrate a comprehensive knowledge of contemporary issues in Islamic and conventional finance
  • Compare and contrast between Islamic and conventional financial markets in a global setting
  • Solve problems and make financial decisions within a risk-return framework
  • Demonstrate the ability to use critical thinking and reasoning skills to analyze various financial management issues
  • Utilize data, software, and information technologies in problem solving and decisions making
  • Identify the ethical and legal responsibilities in Islamic and conventional finance and determine their impact on financial decision making
  • Utilize quantitative tools to analyze and respond to Islamic financial management problems and opportunities
  • Conceptualize Islamic financial management issues into coherent written statements and oral presentations
  • Demonstrate the ability to interact, cooperate, and lead in a multicultural organization



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