Verified programme sheet
Master of Science in Islamic Finance (MSc)

Master of Science in Islamic Finance (MSc) is a master's degree route in business and accounting at International Centre for Education in Islamic Finance (INCEIF University) under master programmes. Review the verified field sheet below for admissions, fees, recognition, and official source links.
Duration
Full-time: minimum 1.5 years, maximum 4 years; Part-time: minimum 2 years, maximum 6 years
Tuition
Total programme fee published as RM38,180 (Malaysian) / RM46,643.60 (International). Official notes state this is based on the maximum chargeable amount for the maximum duration of full-time study and includes 6% SST for international students effective 1 July 2025.
Intakes
Not clearly stated on the official programme page
Campus
Not clearly stated on the detailed programme page. INCEIF University’s official address is in Kuala Lumpur.
Admissions
Entry, English, and application checks
These details are taken directly from the verified programme markdown and surfaced in full below.
Academic entry
Bachelor’s degree in Muamalat and recognised Islamic Finance or equivalent with minimum CGPA 2.50/4.00; applicants with CGPA below 2.50 but above 2.00 and a bachelor’s degree from other fields may be considered subject to additional internal assessments; or APEL for Malaysian citizens aged 30 and above holding Diploma / STPM / Matriculation / A-Level or equivalent, with accredited working and learning experience, subject to APEL assessment.
English requirement
MUET Band 4 and above; or IELTS band 6; or TOEFL 9.5 (Essential), 79 (iBT) and above. Exemptions listed for candidates from native English-speaking countries and candidates with academic qualifications from institutions using English as the full medium of instruction.
Additional checks
Evening classes are highlighted on the official page to support working professionals.
Funding
Scholarships that may fit this programme
These 1 institution awards publish level coverage that aligns with this master's degree route, together with the application notes and source links currently captured in the markdown files.
Khazanah Watan Scholarship Programme
Scholarship offered by INCEIF University (formerly International Centre for Education in Islamic Finance).
Levels
Master's Degree • Doctorate
Outcomes
Career pathways and progression
Shown exactly as published or summarised in the verified source.
Official page states the programme equips graduates as leaders in both conventional and Islamic finance; it also highlights exposure to real-world applications and industry practices.
Source Of Truth
Full verified programme sheet
Nothing is hidden here. Every parsed programme field from the markdown source is displayed below in order.
INCEIF University / Master Programmes
Master of Science
Face-to-face
Full-time: minimum 1.5 years, maximum 4 years; Part-time: minimum 2 years, maximum 6 years
Not clearly stated on the detailed programme page. INCEIF University’s official address is in Kuala Lumpur.
Not clearly stated on the official programme page
Total programme fee published as RM38,180 (Malaysian) / RM46,643.60 (International). Official notes state this is based on the maximum chargeable amount for the maximum duration of full-time study and includes 6% SST for international students effective 1 July 2025.
Official page states the programme equips graduates as leaders in both conventional and Islamic finance; it also highlights exposure to real-world applications and industry practices.
Bachelor’s degree in Muamalat and recognised Islamic Finance or equivalent with minimum CGPA 2.50/4.00; applicants with CGPA below 2.50 but above 2.00 and a bachelor’s degree from other fields may be considered subject to additional internal assessments; or APEL for Malaysian citizens aged 30 and above holding Diploma / STPM / Matriculation / A-Level or equivalent, with accredited working and learning experience, subject to APEL assessment.
MUET Band 4 and above; or IELTS band 6; or TOEFL 9.5 (Essential), 79 (iBT) and above. Exemptions listed for candidates from native English-speaking countries and candidates with academic qualifications from institutions using English as the full medium of instruction.
Evening classes are highlighted on the official page to support working professionals.
Not clearly stated on the programme page section captured
Recognition
Award, delivery, and recognition
Useful for checking what is being awarded, where the programme sits, and how recognition is described.
Accreditation / Recognition
Not clearly stated on the programme page section captured
Award
Master of Science
Field area
Business and Accounting
Division
INCEIF University / Master Programmes
Study mode
Full Time
Programme family
Master Programmes
Notes
Verified notes from the source file
These are explicit notes captured alongside the programme fields during data entry.
Institution Funding
More scholarships from International Centre for Education in Islamic Finance (INCEIF University)
These awards are published by the same institution but were not explicitly tagged to this programme level in the source data.
Best-fit internal INCEIF scholarship routes
Scholarship offered by INCEIF University (formerly International Centre for Education in Islamic Finance).
Cash-i Muamalat Education
Malaysian students aged 18 and above with minimum total income of RM3,000
Malaysian students aged 18 and above with minimum total income of RM3,000
Chancellor’s Scholarship
Scholarship offered by INCEIF University (formerly International Centre for Education in Islamic Finance).
Contact point repeatedly listed on INCEIF scholarship pages
Scholarship offered by INCEIF University (formerly International Centre for Education in Islamic Finance).