Curriculum and instruction

The MAIFWM will employ proven techniques for imparting training at the graduate level, which include classroom lectures by faculty, scholars, and experts, supplemented by panel discussions, scenarios, simulations, problem solving and case studies with reference to real problems in Islamic finance and wealth management. Students will be trained practically as senior administrators in Islamic financial and wealth management institutions, and as researchers on the subject, so that they become capable of understanding its current conditions effectively in order to achieve the program’s comprehensive goals.

Lectures and discourses by eminent scholars and experts will be arranged on a broad range of relevant subjects to equip the students with the skills required to improve their understanding of the subject. Greater emphasis will be placed on such subjects as economics and Islamic legal theory, Islamic economic perspectives, economic history of Islamic societies, and ownership and wealth distribution in Islam. Other topics covered will include sustainable development, money and banking, financial markets, and asset and risk management.

The emphasis will not be only on dissemination of knowledge and information about the Islamic finance and wealth management by way of lecturing, but will also encompass introduction of a professional approach to the subject based on the theory and principles of adult education. Lectures will be supplemented by small group seminars and workshops which will build on the active participation of scholars. Experts in techniques of active learning, such as problem solving, case studies, scenarios, simulations, and panel discussions will develop professional skills, which will be supported by the foundation of information and knowledge.

Degree Courses and Sequence: 3 semesters, 36 credits

Semester I – 12 Credit Hours

 Semester II – 12 Credit Hours

 Semester III – 12 credit hours