Industrial PhD – Islamic Finance

(R2/343/8/0074) (03/30) (MQA/FA2944)

Course Details:

Industrial PhD – Islamic Finance

Part Time: Minimum 3 years, Maximum 5 years

Face-to-Face

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Why Choose Industrial PhD – Islamic Finance?

Industry players with at least five years of work experience can apply for the Industrial PhD programme. We value the diverse life experiences and extensive knowledge you bring to the table and the high motivation found in experienced students. This programme is open to working professionals from both the public and private sectors.

Designed to train industry professionals with research and analytical abilities.

Focuses on addressing issues specific to Islamic finance.

Individual consideration for accomplished applicants, recognising the wealth of skills and experiences you possess beyond academic qualifications.

A platform to integrate your professional expertise with advanced academic research, enriching both your career and the field of Islamic finance.

Apply diverse life experiences and knowledge to stand out in this course.

This programme is structured to expedite your journey to become an expert industry player in Islamic finance.

Head of Programme

PROF. DR. TURALAY KENC

Professor

PhD in Economics at the University of York, England

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Course information

Admission Requirements

Academic and Professional Requirements

  • Master’s degree or equivalent (with high distinction) from a recognized institution of higher learning.
  • A minimum of 5 years of work experience in financial institutions.
  • Submission of a research proposal (not exceeding 15 pages, double-spaced in Times New Roman size 12).

Admission Fees

Programme Malaysian International
Industrial PhD RM 145,880 RM 150,000 (approximate equivalent to USD 34,013 at exchange rate of RM4.00 = USD1.00)

NOTES:

  • Students to pay other fees required by the Malaysian authorities (EMGS fees, Student Pass, Visa, Personal Bond, etc.).
  • INCEIF University reserves the right to change the fees without prior notice
  • All information is correct at the time of publication, but is subject to change in the interest of continuing improvement and rates.

**Total Fee calculated is based on maximum chargeable amount (deposit, courses fees, project paper, student services fees, etc.) for maximum duration of Full Time study.

The fees stated include the 6% Service Tax (SST), applicable to international students as per Malaysian tax regulations effective 1 July 2025.

Course Structure

List of Courses

This course prepares students with research tools for undertaking their dissertation/thesis. It focuses on the philosophy and theory of research methods by equipping students with approaches and techniques they may use in their dissertation/ thesis. Students will be exposed to the theory and application of quantitative, qualitative and big data analytics research tools and methodology.

This seminar course is designed as one of the capstone courses for doctoral students. It provides an in-depth study of the evolution of Islamic economics thought and, in the process, develops new approaches and models that can explain policy issues and recommendations based on the worldview of Islam and the maqasid of Shariah. Coverage of these topics provides students with an overall understanding of the basic envision of an economic system that operates with institutions prescribed in the Qur’an and modern society’s context. Moreover, students can recommend new approaches to solve contemporary issues in Muslim countries.

This seminar course is designed as one of the capstone courses for doctoral students. It provides an in-depth study of the evolution of Islamic economics thought and, in the process, develops new approaches and models that can explain policy issues and recommendations based on the worldview of Islam and the maqasid of Shariah. Coverage of these topics provides students with an overall understanding of the basic envision of an economic system that operates with institutions prescribed in the Qur’an and modern society’s context. Moreover, students can recommend new approaches to solve contemporary issues in Muslim countries.

The course exposes students to contemporary Shariah and legal issues and their solutions applicable to the modern Islamic finance industry. Upon completion of this course, students must be able to grasp the theoretical and practical issues facing the global Islamic finance industry and find adequate solutions to resolve those issues. Furthermore, the students must be able to prepare themselves to undertake their dissertation on topics related to the application of Shariah in the Islamic finance industry, not limited to Islamic Banking, Takaful and Islamic Capital Market.

A thorough and extensive research endeavour within the field of Islamic finance, undertaken to fulfil the requirements for a doctoral degree.

Application Deadline

SEMESTER INTERNATIONAL MALAYSIAN & PR
JANUARY 2026 SEMESTER 19 OCTOBER 2025 17 JANUARY 2026
SEPTEMBER 2026 SEMESTER 14 JUNE 2026 1 SEPTEMBER 2026
JANUARY 2027 SEMESTER 30 OCTOBER 2026 25 JANUARY 2027

Please ensure that your application is submitted before the deadline as displayed.

How To Apply

Applicants can apply online at https://apply.inceif.edu.my/
Contact our education counsellors via live chat or email [email protected] if you have any questions.

Request Course Info

International Applicants

We encourage you to apply early to ensure you have time to prepare the necessary travel, study and immigration documents.
For more information, please see our International Students Page.