Master of Science in Islamic Finance

Graduates of the program are equipped to achieve the following:

• Critical Analysis: Investigate and analyze the relationship between finance, economics, and Shari’a using both qualitative and quantitative research methodologies.
• Innovative Problem-Solving: Interweave Shari’a tenets with economic theory to develop creative solutions for contemporary global financial challenges.
• Entrepreneurial Acumen: Apply Islamic finance theories to promote innovation and sustainable economic growth, particularly within circular economy contexts like Qatar.
• ESG Expertise: Foster a deep understanding of environmental, social, and governance (ESG) concerns to effectively participate in reforming financial policies and theories.
• Global Competency: Gain the necessary skills to understand the complexities of the global financial system and propose viable ethical alternatives.

Applicants seeking admissions to the Master of Science in Islamic Finance program should have a bachelor’s degree with a strong academic record (minimum 3.0 GPA or equivalent) from a recognized institution in Economics, Business, Finance, Accounting, Shari’a, or a related field.

Language Proficiency : IELTS: 6.5 or TOEFL:79

First Year – First Semester

Islamic Financial Contracts – 3 Credit Hours
Islamic Banking and Financial Markets – 3 Credit Hours
Islamic Corporate Finance and Financial Engineering – 3 Credit Hours

First Year – Second Semester

Research Methods – 3 Credit Hours
Concentration Course 1 (Choose One) – 3 Credit Hours
Concentration Course 2 (Choose One) – 3 Credit Hours

Second Year – First Semester

Elective Course 1 (Choose One) – 3 Credit Hours
Elective Course 2 (Choose One) – 3 Credit Hours
Elective Course 3 (Choose One) – 3 Credit Hours

Second Year – Second Semester

Thesis – 9 Credit Hours

Concentration Course Options

Islamic Finance Track

• Islamic Asset, Funds and Portfolio Management – 3 Credit Hours
• Analysis of Financial Statements with Applications to Islamic Banks – 3 Credit Hours
• Sustainable Finance – 3 Credit Hours

Sustainable Finance Track

• Sustainable Finance and Impact Investing – 3 Credit Hours
• Islamic Economics and Sustainable Development – 3 Credit Hours

Elective Course Options

Applied Quantitative Methods – 3 Credit Hours
Behavioral Islamic Economics and Finance – 3 Credit Hours
Fintech and its Islamic Finance Applications – 3 Credit Hours
Legal, Regulatory and Institutional Aspects of Islamic Finance – 3 Credit Hours
Principles and Objectives of Islamic Law – 3 Credit Hours
Strategic Management in Islamic Finance – 3 Credit Hours
Independent Studies – 3 Credit Hours
Internship – 3 Credit Hours
PhD-level Elective Course – 3 Credit Hours