BENEFITS OF ON CAMPUS STUDY

The Malaysian Advantage

Experience Islamic Finance in action in the cradle of Doctor of Philosophy in Islamic Finance

PhD
modern Islamic Finance where strong regulatory
support has resulted in a robust industry.

Network With Industry Experts

In addition to attending regular classes and tutorials, Doctor of Philosophy in Islamic Finance
students will get the opportunity to interact with
R2/343/8/0055 (June 2017 – June 2022)
industry experts during regular industry talks where R2/343/8/0056
invited industry speakers give presentations on the
practical aspects of Islamic Finance.

Stay connected with us

www.inceif.org
ENTRY REQUIREMENTS
twitter.com/INCEIF
PhD by Coursework and Dissertation
facebook.com/INCEIF
Masters degree or equivalent (with high distinction) from a
recognised institution of higher learning. youtube.com/INCEIF2011

linkedIn.com/company/INCEIF
Demonstrate proficiency in Mathematics / Quantitative Analysis.

English proficiency is also a must. Applicants must have one of the

following:
• Malaysian University English Test (MUET) with a minimum band
score of 4; OR
• Test of English as Foreign Language (TOEFL) with a score 550
(PBT), 79 (IBT) and above; OR
• International English Language Testing System (IELTS) with a
minimum band of 6.
Exception from English language competency can be given to
Contact us
those whose medium of study at entry level is English. International Centre for Education in Islamic Finance (INCEIF)
Lorong Universiti A
PhD by Research 59100 Kuala Lumpur
• A minimum 5 years work experience in financial institutions; Malaysia
• Submission of a research proposal (not exceeding 15 pages,
double-spaced in Arial size 12). Telephone : +603 7651 4000
Facsimile : +603 7651 4094
Intakes are in January and September. Email : admission@inceif.org
Website : www.inceif.org DU018 (W) (Company No.718736-K)
 The PhD can be completed in two modes:
• By Coursework and Dissertation
An intensive programme designed for students who require
exposure to coursework before pursuing research in Islamic
PROGRAMME STRUCTURE
PhD by Coursework and Dissertation requires completion of twelve
(12) core courses, two (2) elective courses and a Dissertation.

58% 45% 45%

finance.
01 Core Courses

• By Research • Economics for Islamic Finance

• Corporate Finance
are employed in the Alumni obtained career of our students A programme focused on research for students with extensive
• Islamic Law and Jurisprudence
financial, Insurance & advancement are international industry exposure and experience.
• Islamic Law of Contracts
Takaful Sector • Islamic Banking
PhD students are encouraged, at an early stage in their studies, to • Islamic Capital Market
participate in local and international workshops. Students are • Research Methodology in Economics and Finance
Based on data between 2009 to 2018. expected to present their work at, or attend conferences relevant to • Mathematical Methods for Economics and Finance
their area of research. They may also be offered the opportunity to • Proposal Writing
gain teaching or other work experience, in a way that is • Seminar in Shariah
complimentary to their research. • Seminar in Finance
• Seminar in Economics
• Dissertation
As a global leader in Islamic finance education, the COURSE FEE
INCEIF Doctoral programme has been developed to
produce scholars of international standing whose Type of fees Local International 02 Elective Courses
research furthers theoretical understanding while • Portfolio Management
meeting the practical requirements of the Islamic Total Tuition Fee RM52,000 RM64,000 • Monetary Economics
finance industry. Application Processing Fee RM50 USD20 • Financial Econometrics
Security Deposit (Refundable) RM1,000 • Risk Management in Islamic Financial Institution
RM650 RM800 • International Finance
The PhD programme is industry-driven. It is structured Fee Per Credit Hour
• Islamic Wealth Planning Management
to enable students to provide technical and Student Services Fee • Accounting for Islamic Financial Transactions
(per regular semester i.e. Long RM1,200
intellectual ability across a broad range of areas in Semesters) • Takaful Operations
• Advance Econometrics
Islamic finance needed to pursue doctorial research. Personal Bond (Refundable) – – RM200
Depends On Nationality • Financial Modelling
– RM2,000
Education Malaysia Global –
Service (EMGS) Visa Processing RM1,060 Dissertation 40,000 – 60,000 words
Fee
A PhD EXPERIENCE Student Pass – Depends On – Nationality +
Nationality
PhD by Research requires 7 pre-requisite courses before proceeding
RM60 the Research component.
INCEIF’s PhD programme gave me the perfect Medical Check-Up – RM265
opportunity to explore and obtain knowledge
on how Islamic tenets apply in the modern
Health Insurance – RM530
RM1,060 (For
01 Pre-requisite courses are:

commercial, financial and philanthropic Indonesian) • Islamic Banking

matters. I had unlimited access to faculty, RM530 • Islamic Capital Market
material and information in addition to iKAD – • Seminar in Economics
invaluable support to pursue my interest RM1,060 (For
Indonesian) • Seminar in Finance
in the waqf institution. The experience • Seminar in Shariah
was priceless! EMGS Visa Renewal Fee – RM148.40
• Research Methodology in Economics and Finance
• Mathematical Methods for Economics and Finance
Tunku Alina Raja Muhd Alias,
Malaysia *INCEIF reserves the right to change the fees without prior notice
Thesis Minimum 60,000 words