MSc Investment Banking and Islamic Finance

Applications are open for 2012 entry

This degree is a first in the UK and aims to respond to the growing interest in Islamic Finance, which is evidenced by a continuous increase in Islamic Banking services, Islamic Investment and other financial services based on Islamic principles. INCEIF

The degree is taught jointly with INCEIF (International Centre for Education in Islamic Finance), Kuala Lumpur and has many key benefits including:

  • Jointly taught with a respected university in Islamic Finance
  • First degree in UK with Islamic material taught by Islamic specialists
  • Professional qualification from INCEIF
  • Opportunity to study in Kuala Lumpur for 3 months

The degree will not require any previous knowledge of Islamic Law or specific Islamic concepts but will address and explain the respective current issues within their overall Islamic economic and legal context.

Among the teaching staff are two leaders in the field of Islamic Finance: Professor Rifaat Ahmed Abdel Karim who is the Secretary-General of the Islamic Financial Services Board (IFSB) and Simon Archer whose research focuses on Islamic financial institutions and is co-editor of the book Miller European Accounting and Islamic Finance: Innovation and Growth.

Learning Options

Full-time: 12 months (Students will be resident and under take full-time study in the UK and Malaysia)

Oct-Dec 2011: Part 1 - ICMA Centre, University of Reading, UK
Jan 2012: Part 1 Exams, eading, UK
Jan - Apr 2012: Part 2 - ICMA Centre, University of Reading, UK
May 2012: Part 2 Exams, Reading, UK
Jun-Aug 2012: Part 2 - INCEIF, Kuala Lumpur, Malaysia
Aug 2012: Part 2 Exams - Kuala Lumpur, Malaysia

Professional Development

ICMA International Fixed Income and Derivatives (IFID) Certificate

Students who successfully complete this degree including the module International Securities Markets will be granted this certificate.

Chartered Islamic Finance Professional (CIFP)

The degree covers the materials necessary to qualify for Part 1.


Further information is available regarding exemption criteria in MScs and Professional Qualifications.

Come and see us

Why not make an appointment to come and visit. You can chat with our Admissions and Careers teams and a member of academic staff. Email admissions@icmacentre.ac.uk or call +44 (0)118 378 8239.