MSc Investment Banking and Islamic Finance
Programme Content Part 2 in Kuala Lumpur
- Islamic Financial Institutions and Markets
- Wealth Planning and Management
- Deposit Mobilisation and Financial Management
Students must study all modules but may substitute the Research Project (20 credits) in place of the two 10 credit modules above.
Module Descriptions
Islamic Financial Institutions and Markets
Convenor: INCEIF Faculty
Credits: 10
Aims:
Develops deeper analytical and theoretical insights of the two main components that constitute the Islamic financial system and a full comprehension of the various financial systems and institutions that operates in the Muslim countries.
Topics include:
- Functions of Financial Institutions and Markets
- An Overview of the Global Financial System; The History and development of Islamic Financial Institutions
- The Islamic Financial System of Selected Muslim Countries
- The Islamic Financial Institutions (Covering History & Organisation, Function and Product & Services)
- The Similarities and Differences of Islamic Financial Institutions in Selected Muslim Countries
- Islamic Financial Markets (Covering Function & Organisation, Mechanism, Regulators & Regulations and Development)
- The Monetary Authority / Central Bank.
Wealth Planning and Management
Convenor: INCEIF Faculty
Credits: 10
Aims:
Introduces students to the best ways of managing, investing and distributing wealth in accordance to the Islamic laws. This module also discusses the issues related to wealth planning such as tax matters, relevant institutions and code of conduct
for professionals involved in this industry.
Topics include:
- Functions of Deposits in the Economy
- Nature and Scope of Wealth Planning
- Wealth (Asset) Allocation Process
- Investment in Real Estate
- Investment in Securities
- Insurance and Takaful Scheme
- Estate Planning
- Retirement Planning
- Taxation Planning and Management
- Issues Related to Wealth Planning and Management.
Deposit Mobilisation and Financial Management
Convenor: INCEIF Faculty
Credits: 10
Aims:
Explores the mobilisation of deposits by conventional and Islamic banks as well as the savings cost, determinants and forecasting techniques.
Topics include:
- Functions of Deposits in the Economy
- Theories and Principles Related to Deposits
- Deposit Mobilisation by Conventional Financial Institutions
- Deposit Mobilisation by Islamic Banks
- The Cost of Deposit
- Saving Determinants
- Forecasting Savings
- The Functions and Roles of Credit and Financing in the Economy
- The Rules and Regulations Relates to Financing Practices
- The Financing Process
- Use of Financing Evaluation Techniques in Credit Management
- The Practice of Financing
- Secured and Unsecured Financing
- Financial Aspects of Financing
- Financing Risk.
Research Project
Convenor: Charles Sutcliffe
Credits: 20
Aims:
The aim of the research project is to allow students to define and execute a piece of research in finance on a topic of their choice, with direction from an academic supervisor and with assistance from a doctoral student support supervisor.
Outline Content:
The self-directed nature of study for this model should encourage students to be resourceful in their search for relevant literature and data, and to manage the various stages involved effectively, leading to timely submission of the finished piece.
