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Islamic Finance, M.Sc.

  • Application Deadline
  • 24 months
The MS in Islamic Finance at Hamad bin Khalifa University is a specialized program that teaches qualitative and quantitative methods in the analysis of both Islamic and conventional finance.


The innovative Islamic Finance program from the Hamad bin Khalifa University has been developed in order to offer students a unique opportunity to enjoy a strong multidisciplinary and interdisciplinary graduate education across a range of core subjects, while also enabling them to pursue specialist study in one of a range of important areas within the field of Islamic Finance. Specialist areas of concentration include, but are not limited to, Banking Operations and Risk Management, and Corporate Finance and Asset Management.

The mixed philosophy of the program enables graduates to attain the skills needed to understand the global financial system and proposing viable alternatives to existing models by blending guidance from Sharia with the modern scientific knowledge and techniques of economics and finance.

This popular master’s program is one of an extremely limited number of top-tier specialized Islamic Finance programs globally.

Program Focus:

  • Islamic banking in Qatar constitutes approximately 25% of the local banking activity. The MSc in Islamic Finance program is focused on giving graduate students a greater understanding of the practical business applications of Sharia.
  • By emphasizing practical as well as theoretical aspects of Islamic finance, students learn to become better prepared to address the global opportunities of conducting business and finance. 

Programme Structure

Courses include:

  • Islamic Thought
  • Islamic Ethics
  • Islamic Financial Contracts
  • Islamic Economics and Development in Theory and Practice
  • Islamic Banking and Financial Markets in Theory and Practice
  • Islamic Banking and Risk Management
  • Islamic Corporate Finance and Asset Management

            Detailed Programme Facts

            • Programme intensity Full-time
              • Full-time duration 24 months
            • Credits
              36 alternative credits
            • Languages
              • English
            • Delivery mode
              On Campus

            English Language Requirements

            This programme may require students to demonstrate proficiency in English.

            Academic Requirements

            General Requirements

            • Bachelor’s degree from a recognized institution in Economics, Business, Finance, Accounting, Sharia or related studies.
            • IELTS or TOEFL exam in order to demonstrate their proficiency in English.
            • The applicant completed their studies at an institution in a country where English is the native language 
            • Official letter from the university where they completed their undergraduate studies confirming that they obtained their degree from an institution where the medium of instruction is English (if not otherwise exempt)
            • The applicant's first language is English

            Tuition Fee

            • International

              17485 EUR/year
              Tuition Fee
              Based on the original amount of 17485 EUR per year and a duration of 24 months.
            • National

              17485 EUR/year
              Tuition Fee
              Based on the original amount of 17485 EUR per year and a duration of 24 months.
            We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
            QAR 75,000

            Living costs for Ar Rayyan

            • 4230 - 7920 QAR/month
              Living Costs

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


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