According to World Bank, Islamic finance has emerged as an effective tool for financing development worldwide, including non-Muslim countries, Islamic finance is a fast growing segment of the financial industry in many parts of the world. It has registered double-digit growth rates in the past decade despite challenging circumstances globally. Its reach and influence has expanded beyond the traditional Islamic markets with increasingly strong footholds in banking, takaful and the capital market.
Since 2008, Islamic banking has been growing at an estimated annual rate of 10-15% in non-Muslim countries such as the USA, Britain and France, as an ethical and sustainable alternative to the conventional, profit-driven banking system. Year after year, there has been continuous expansion of total Islamic finance assets as well as a sophistication of products, together with an ever-growing number of countries, companies and institutions participating in the industry.
MAHSA Bachelor of Science Islamic Finance is a 3.5 year programme and is designed in consultation with the university partners. It aims to produce graduates in the field of Islamic Finance who are not only knowledgeable and skillful but also as individuals who would demonstrate high level of integrity coupled with sound social and personal disposition that will be an asset to the organization that they work with. Apart from that, these graduates will display leadership characteristics with aim of achieving the principles of Magasid al-Shariah.
YEAR | SUBJECT | SUBJECT CODE |
---|---|---|
1 | Principles of Accounting | IFAC 1113 |
Microeconomics | IFEC 1123 | |
Business Mathematics | IFBM 1133 | |
Business Statistics | IFBS 1143 | |
Syariah Islamiyyah | ISF 1313 | |
Principles of Fiqh Mua'malat | ISF 1323 | |
Principles of Finance | ||
Macroeconomics | IFEC 1223 | |
Islamic Finance | ISF 1233 | |
Islamic Economics | ISF 1243 | |
Human Resource Management | IFHR 1333 | |
Tarikh Tashri | ISF 1253 | |
2 | Usul Company Law | |
Money and Banking | IFMB 2133 | |
Basic Arabic for Muamalat 1 | LANG 100 | |
Fundamentals of Islamic Management | IFMG 2213 | |
Islamic Financial Service Legal Framework | ISF 2223 | |
Principles and Practices of Takaful | ISF 2223 | |
Accounting for Islamic Financial Transactions | IFAC 2243 | |
Basic Arabic for Muamalat 2 | LANG 101 | |
Professional Communication | ANG 1002 | |
Qawa'id Fiqhiyyah | ISF 2313 | |
Entrepreneurship from Islamic Perspective | ISF 2323 | |
Application of Fiqh Mu'amalat in Islamic Finance | ISF 2333 | |
Islamic Theology | IFBM 2134 | |
3 | Marketing Management | MKT 2013 |
Islamic Money and Payment System | ISF 3113 | |
Banking and Finance Information System | ISF 3123 | |
Auditing and Governance for Islamic Financial Institutions | IFAC 3143 | |
Investment Analysis | IFFN 3213 | |
Islamic Risk Management | ISF 3253 | |
Islamic Capital Market | ISF 2253 | |
Islamic Wealth Management | ISF 3313 | |
Waqf Management | ISF 3323 | |
Elective 1 | ||
Elective 2 | ||
4 | Practical Training | IFPT 4116 |
GENERAL COURSES
SUBJECT | SUBJECT CODE |
---|---|
Youth Development | |
Community Project | MPU 3412 |
Entrepreneurship |
INTERNATIONAL STUDENTS
SUBJECT | SUBJECT CODE |
---|---|
Malaysia Studies | MPU 3173 |
Bahasa Melayu Komunikasi | MPU 3213 |
LOCAL STUDENTS
SUBJECT | SUBJECT CODE |
---|---|
Tamadun Islam & Tamadun Asia | MPU 3123 |
Hubungan Etnik | MPU 3113 |
Matriculation/Foundation recognised certificate with a minimum CGPA of 2.0 out of 4.0
OR
ACADEMIC QUALIFICATION | REQUIREMENTS |
---|---|
STPM | Pass STPM with minimum Grade C (CGPA2.00) in any 2 subjects, pass in Maths at SPM, and pass in Arabic Language at SPM (can be excluded if the result of 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.) |
STAM | 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.) |