At IUMW, our main business is providing you with quality and globally relevant education in Islamic Finance. Our Bachelor of Business Administration (Hons) in Islamic Finance programme prepares you with an in-depth understanding of finance from an Islamic perspective.

The programme will also inspire graduates to be innovative and proficient in a foreign language. At the end of the programme, students will acquire the knowledge, skills, techniques and ethics that are relevant to the Islamic financial industry.

The modules will allow students to combine knowledge of Islamic jurisprudence with financial products. Our programme also focuses on understanding the nature of a business and its role in the modern business society.

Your educational journey has been meticulously designed to unlock full potential towards pursuing professional certification and undergraduate studies. All these and much more in unique education package inclusive of vibrant university life in the heart of Kuala Lumpur.

Entry Requirements

Malaysian Students:

  • Pass Matriculation under the Ministry of Education with at least a CGPA of 2.00 or equivalent; OR
  • Pass IUMW Foundation Studies or equivalent; OR
  • Possess a Diploma (minimum CGPA of 2.00) or any other qualification recognised by the Malaysian Government; OR
  • A pass in STPM, with a minimum Grade C (GP 2.00) in any 2 subjects, and a pass in Mathematics and English at SPM level or any equivalent qualification; OR
  • Pass UEC with minimum of Grade B in at least five (5) subjects; OR
  • Fulfill other entry requirements that are recognised by the University Senate; AND
  • Must sit for IUMW English Placement Test

+Minimum three (3) credits in SPM are required for PTPTN application

International Students:

  • Pass A-Level with 2 principal passes or equivalent, recognised by the Malaysian Government; AND
  • Pass IELTS with minimum Band 5, or TOEFL with a minimum score of 550; AND
  • Must sit for IUMW English Placement Test

Programme Structure

Year 1

  • Principles of Management
  • Principles of Marketing
  • Principles of Accounting
  • Business Communication
  • Business Mathematics
  • Intro to Entrepreneurship
  • Fundamentals of Finance
  • Microeconomics
  • Management Information System
  • Organisational Behaviour
  • Introductory Business Statistics
  • Legal Environment of Business (Malaysian Environment)
  • Tamadun Islam dan Tamadun Asia
  • Bahasa Melayu Komunikasi 2 (International Student)
  • Co-Curriculum 1

Year 2

  • Macroeconomics
  • Operation Management
  • International Business
  • Usul Al-Fiqh
  • Aqidah Islamiyyah
  • Qawa'id Al-Fiqh
  • Business Research Methods
  • Human Resource Management
  • Hubungan Etnik
  • Pengajian Malaysia
  • Co-Curriculum 2

Choose any FOUR (4) elective core

Business Modelling and Spreadsheet
Financial Management
Financial Markets and Institutions
Company Law
Consumer and Buyer Behaviour

Year 3

  • Strategic Management
  • Corporate Social Responsibility and Ethics
  • Corporate Finance
  • Fiqh Al-Muamalat
  • Shariah Aspects of Business and Finance
  • Islamic Commercial Law
  • Islamic Capital Markets
  • Islamic Financial Institutions and Markets
  • Islamic Accounting
  • Islamic Investment Analysis
  • Islamic Risk Management
  • Principles of Islamic Economics

Choose any ONE (1)

Industrial Training
Business Project

English Module

Bachelor’s students are required to take an additional four (4) English modules. These modules are equipped to help bridge the gap for the students to comprehend and express themselves in speaking and writing.

They are specifically designed to meet the English Language learning needs of students. Students will be given a grade only and will not be counted in the Grade Point Average (GPA) and Cumulative Grade Point Average (CGPA).

  • Semester 2: Academic English
  • Semester 3: English For Technical Writing
  • Semester 4: English Language For Integrated Skills
  • Semester 5: Public Speaking

Fee Structure

Malaysian Student
International Student
1st Year (RM) 2nd Year (RM) 3rd Year (RM) 1st Year (RM) 2nd Year (RM) 3rd Year (RM)
15,400 12,300 12,300 19,900 13,850 13,850
Program taught in:
  • English

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Last updated April 3, 2019
This course is Campus based
Start Date
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Sep 5, 2019
3 years
45,960 MYR
45,960 RM Malaysian students total tuition; 53,620 RM International students total tuition
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