BIBF Launches Master's Degree in Islamic Finance

October 7, 2008

Author: Staff Writer

Source: Gulf Daily News

BIBF's Centre for Islamic Finance is introducing the first Master's degree with dual concentration in finance and Islamic finance. The course, which begins in March, is a joint venture between the BIBF Centre and the De Paul University of Chicago.

The Islamic finance industry's tremendous growth potential has brought about a shortage of professionals equipped with adequate knowledge of the variety of products and their application in both the conventional and Islamic financial markets.

Often potential students in the past found they had to travel as far a field as Malaysia or London to study.

Now that is about to change with the launch of the Master's degree with dual concentration in finance and Islamic finance - the Master of Science degree in Islamic Finance (MS-IF).

"The aim of the MS-IF degree is to further support the Islamic finance sector, which is very much in need of individuals who not only specialise in Islamic finance, but also conventional finance," said head of the Centre for Islamic Finance Mahmood Al Sheahabi.

"Graduates of the programme will have a blended exposure, enabling them to gain a competitive edge in today's diverse and globalised market place."