The ICMA Centre has launched a new MSc in Investment Banking and Islamic Finance. This degree is a first in the UK and is taught jointly with INCEIF (International Centre for Education is Islamic Finance) in Kuala Lumpur. The degree aims to respond to the growing interest in Islamic Finance, and also the increase in Islamic Banking services, Islamic Investment and other financial services that are based on Islamic principles.
The full-time (12 months) MSc is the first in the UK to use Islamic material taught by Islamic specialists and aims to capture the increasing demand for the subject with an academic base and practical orientated views on issues such as Islamic Finance, Economics and Law. Students will benefit from having the opportunity to spend three months studying in Kuala Lumpur and study alongside Islamic Finance professionals. The MSc will not require any previous knowledge of Islamic Law or concepts but will explain the current issues within their overall Islamic economic and legal context.
INCEIF – The Global University in Islamic Finance was established in 2006, with significant funding and support from a number of key Islamic agencies and the Bank Negara (Malaysian Central Bank). Agil Natt, President & Chief Executive Officer of INCEIF said « Our unique mission is to elevate and advance the practice of Islamic finance globally. We aim to do this by being the knowledge leader in Islamic finance not only from the religious aspect but also from the ethical perspective to everyone, from KL to Dubai, Tokyo, London and the rest of the world, irrespective of faith and creed. »