Ph. D in Islamic Banking and Finance/ PIBF

Ph.D. in Islamic Banking and Finance (PIBF) is awarded to graduates for a meaningful completion of doctoral research that advances the theory and principles of Islamic Banking and Finance from inter-disciplinary perspectives. Upon completion of a multi-disciplinary doctoral programme, the graduate is expected to undertake independent research and contribute to quality publications in their field of expertise.

TUITION FEES

Programme Objective

1. To attract and train high potential talent in Islamic banking and finance
2. To further develop and enhance the theory and practice of Islamic banking and finance
3. To meet the global demand for expertise in the Islamic banking and finance industry

Programme and Mode of Structure

Two courses are compulsory and one is an elective course. The courses for the Ph. D programme are:

Research Areas

• Fiqh Muamalat in Islamic Banking and Finance
• Islamic Banking and Finance Law
• Performance and Efficiency of Islamic Banks and Takaful
• Economics Policy and Analysis of Islamic Banking and Finance
• Regulatory and Governance
• Takaful and Re-Takaful
• Investment Banking
• Islamic Wealth Management
• Islamic Capital Market
• Islamic Micro-Credit and Micro-Financing
• Corporate and Shari'ah Governance for Islamic Banking and Finance
• Waqf
• Risk Management

*Subject to availability of supervisors

Ph. D Thesis

Upon registration as a doctoral student, the student is expected to prepare and submit a thesis proposal for defense with the guidance of the thesis advisory committee within the prescribed period. Upon successful defense, the doctoral student is now a candidate to undertake and complete the research for final submission for viva-voce to be examined by both internal and external examiners.

Following the viva voce, one of the following recommendations will be made:

• Pass
• Pass with minor revisions to be completed in six (6) months
• Pass with major revisions to be completed within the minimum period of six (6) to maximum period of twelve (12) months
• Resubmission with viva to be completed within the minimum period of twelve (12) to maximum period of eighteen (18) months
• Failure
  

Duration of Studies

Admission Requirements

• A relevant Bachelor's degree with good grades from an accredited institution of higher learning or any other certificates recognised to be equivalent to a Bachelor's degree and with relevant professional experience AND:
• A relevant Master's degree with good grades from an accredited institution of higher learning.

English Language Requirements

In addition to the Institute's requirements, an applicant must produce satisfactory proof of proficiency of English Language by:

Thesis written in English language

• The Test of English as Foreign Language (TOEFL) with a minimum score of 550 of: Paper based: 550 or
  computer based: 213 or Internet based: 7
• The International English Language Testing Services (IELTS) with a score of 6.0 or
• The IIUM-administered English Placement Test (EPT) with a minimum score 6.0

Thesis written in Arabic language

• The IIUM-administered Arabic Placement Test (APT) with a minimum score 3.0

*All information is correct at the time of publication. All requirements are subject to amendment by the Management of International Islamic University Malaysia.

Deadline for Application

Ph.D Thesis Proposal Guideline