The program is designed to produce graduates who are knowledgeable not only in Islamic Economics theory, but also how to apply those theories in Islamic Banking and Finance. The Master of Islamic Economics program focuses on the Shariah-compliant concept of economics.
| No. | LO |
|---|---|
| 1. | Master the field of Islamic finance and economics. |
| 2. | Apply the skills in the field of Islamic economics and finance, as well as research capabilities. |
| 3. | Apply research-based knowledge to community challenges in the fields of Islamic economics and finance, as well as cross-disciplinary issues in accordance with national culture and values. |
| 4. | Conduct research with minimal supervision, adhere to research ethics, and effectively report study findings |
| 5. | Demonstrate leadership abilities through effective communication and collaborating effectively with partners and stakeholders. |
| 6. | Integrate and synthesize knowledge gained from reading and research to produce solutions to problems. |
| 7. | Demonstrate lifelong learning and self-directed learning skills. |
| Code | Name Course |
|---|---|
| Core (3 credits) | |
| EPPD6013 | Research Method |
| a. Programme (20 credits) | |
| EPPE6034 | Econometric Methods |
| EPPE6534 | Advanced Islamic Economics Analysis |
| EPPE6544 | Money, Zakat and Real Economy |
| EPPE6514 | Fiqh for Economics |
| EPPE6624 | Advanced Usul and Fiqh Methods |
|
b. Module (12 credits)Â Candidates can earn 12 credits by completing one of the following modules: |
|
| Applied Islamic Economics in Banking | |
|
Risk Management in Islamic Banking |
|
System and Operation for Islamic Banking |
|
Economics of Islamic Development |
| Applied Islamic Economics in Finance | |
|
Islamic Asset Management and Planning |
|
Economics of Islamic Development |
|
Corporate Finance and Islamic Capital Market |
| c. Elective (4 credits) Candidates can choose one of the following courses: | |
| EPPE6614 | Theory and Practice of Takaful |
| EPPK605 | Law for Business |
| d. Academic Paper (6 credits) | |
| EPPE6906 | Academic Paper |
International Postgraduate Student | Code and Bahasa Melayu Course |
|---|---|
| Outside Nusantara Students from countries that are not native speakers of Bahasa Melayu. | LMCM1083 Bahasa Melayu Komunikasi Antarabangsa |
| Nusantara Students from countries that uses Bahasa Melayu as the official language/ main and is a native speaker of Bahasa Melayu such as Indonesia, Singapore, Brunei and Malay Province in Southern Thailand. | LMCM1093 Bahasa Melayu untuk Pelajar Nusantara |
| Test | Minimum Score |
|---|---|
| MUET | B4.0 |
| IELTS/IELTS Online | 6.0 |
| TOEFL iBT | 60 |
| TOEFL Essentials (Online) | 8.5 |
| Pearson Test of English (PTE Academic/PTE Academic Online) | 59 |
Cambridge English Qualifications and Test:
| Â 169 Â 250 |
| ELS/ Certified Intensive English Programme Level (CIEP Level) | 109 |
Graduate requirements are as follows:
 Achieve a final CGPA of at least 3.00;
 Successfully completed and passed Academic Paper;
Complete the number of credits as required by the program;
Meet the requirements of a ready-to-publish manuscript; and
Meet all the requirements set by the University.Â
Centre for Shaping Advanced & Professional Education (UKMSHAPE)
Universiti Kebangsaan Malaysia
43600 UKM Bangi Selangor
Monday – Thursday
8.00 am – 1.00 pm
2.00 pm – 5.00 pm
Friday
8.00 am – 12.15 pm
2.45 pm – 5.00 pm
Monday – Thursday
8.15 am – 12.45 pm
2.15 pm – 4.45 pm
Friday
8.15 am -12.00 pm
3.00 pm -4.45 pm
Saturday & Sunday
Closed
Copyright © 2025 Universiti Kebangsaan Malaysia
