IRTI E-Learning Program

MASTER’S PROGRAM IN
Islamic Finance and Banking
 IRTI E-learning Program In
Islamic Finance and Banking
IRTI started a new learning initiative to support the development
and dissemination of knowledge in the field of Islamic economics,
finance and banking. Under this initiative, the support from
IRTI to member countries’ academic institutions wishing to be
partner in this program include:

• Designing Curriculum and courses,

• Providing digitized ready Course packs to support curriculum,
• Providing academic and technological support.

The content is developed to support purely online learning

and various types of blended learning. Academic institutions
wishing to be part of this initiative may:

• Use course packs to support an existing or to establish a new

program,
• Work to accredit the program and Submit to IRTI regular feedback
from instructors and students on course packs.

The first program under this initiative is a Master`s Program in Islamic

Finance and Banking. The curriculum of the program has been
designed in collaboration with Insaniah University College (IUC) and
is fully accredited by the Ministry of Higher Education (Malaysia).
 IUC Master’s Program In
Islamic Finance and Banking
The IUC Master’s Program would comprise 42 credit hours with
eight taught courses of 3 credits each and dissertation work of
18 credit hours.

Courses Required
• Islamic Financial System
• Principles and Practices of Islamic Banking
• Fiqh for Islamic Banking & Finance
• Maqasid Shari`ah
• Management of Zakat, Waqf and Sadaqah Funds
• Islamic Capital and Financial Market
• Research Methodology
• Principles & Practice of Islamic Insurance
• Dissertation

Admission Requirements
• A bachelor`s degree in a related discipline with a good Cumulative
Grade Point Average (CGPA) from Insaniah University College or other
institutions approved by the senate, or
• A diploma in a related discipline with five (5) years of experience in a
related discipline, or
• Other qualifications equivalent to a bachelor`s degree and also
possesses other qualifications or experience approved by the senate.

Language Requirement
• An applicant is also required to possess sufficient level of English
language proficiency.

Estimated Duration
• 18 - 24 months

For more information about IUC program visit the following

website: http://mifb.insaniah.edu.my/main/
 The Islamic Research and Training Institute (IRTI)
was established in 1401H (1981) to help the Bank in
discharging its functions in the fields of research and
training assigned to it by its Articles of Agreements.
IRTI`s objectives are to undertake research and provide training
and information services in member countries and Muslim
communities in non-member countries to help bring their
economic, financial and banking activities into conformity with
Shari`ah and to further accelerate economic development and
enhance cooperation amongst them.

INSANIAH was established fifteen years

ago as an institution of higher learning
specializing in Islamic Religious Knowledge
with links to Al-Azhar University. INSANIAH
has since developed into a full-fledge university awarding its
own degrees at undergraduate and post graduate levels, with
disciplines ranging from multimedia, engineering, medicine,
nursing, economics, business, and accounting, while retaining its
strengths in Islamic religious learning. It has built international
linkages with other academic institutions, such as universities
in Indonesia, Thailand, Yemen, Turkey and Sudan. Its campus
currently boasts a fairly recognizable international student
population. INSANIAH looks forward to the new decade with
hope and aspiration to pave the way for the development of a
university for the benefit of the Ummah.

For more information :

Dr. Khalifa M. Ali
IRTI Learning Programs Coordinator
e-mail : khalifaali@isdb.org
Phone : +966 2 646 6226 Fax : +966 2 6378927