An Intergovernmental institution under
United Nations Treaty Series 49006 / 49007
An Intergovernmental institution under
United Nations Treaty Series 49006 / 49007
Fully online and asynchronous, designed for working professionals, and awarded by a university established by treaty between sovereign States.
Online (Asynchronous)
Study fully online, on your own schedule, at a university created by treaty between sovereign States and registered with the United Nations.
A university established by treaty between sovereign States
Faculty who include diplomats, scholars and senior practitioners
Rigorous academic oversight and quality assurance
A global alumni community across four continents
It is remarkable that EUCLID’s online MBA in Islamic Finance program was developed as a Joint Initiative between EUCLID (an intergovernmental treaty-based institution) and ICCI (now ICCIA, the Islamic Chamber of Commerce, Industry and Agriculture), in 2008.
It is at the convergence of EUCLID’s expertise in global governance, international civil service and interfaith studies. This MBA begins with a strong and award winning (see MBASD) MBA core and continues with advanced courses in both Islamic economics and finance.
It is the only online graduate program in this important field of academic study and professional practice organized by an international intergovernmental organization and officially used by active civil servants over 4 continents. In this regards, it is an excellent choice for both Muslim and non-Muslim students alike.
The program is completed fully online and follows three stages.
Core coursework that builds advanced knowledge of the field, with readings, written assignments and faculty feedback.
Research preparation through academic writing, critical thinking and research methods, preparing you for independent work.
A final thesis or dissertation, an original research project completed under faculty supervision and assessed by academic examiners.
This specialized MBA represents a minimum of 36 credits (“ICH” as used in North America) but often reaches 40 or 42 credits (equivalent to 120 ECTS) for students who wish to also do a thesis as part of their course of studies. The thesis is often a proof of concept for professional application or further studies at the doctoral level.
Among the suggested areas of focus are:
Photo above: EUCLID’s Secretary-General Syed Zahid Ali with the President of the Islamic Development Bank (2008). EUCLID became an IsDB Partner in 2014.
Applicants should have a relevant Bachelor’s degree issued by an institution listed in the UNESCO-IAU handbook/database or otherwise duly recognized/accredited. Similar or related backgrounds with adequate professional experience may be considered for Government-sponsored applicants (who are already government staff) who may be admitted without the required educational credential if their level of education and experience is deemed sufficient. EUCLID may require these participants to complete bridge courses prior to enrolling in the program. Fluency in English (spoken and written) is required and will be tested. Students are expected to be in a position to dedicate 10 to 15 effective hours of study on a weekly basis.
Course titles open the course page in the EUCLID learning platform. The roadmap is updated automatically from the university's academic records.
PRIMARY COURSES | ||
Code | Course Name | USCH |
International Academic and Professional Paper Writing | 2 | |
Writing and Speaking at Work | 1 | |
Economics Module | 5 | |
MBA Core (MBA Essentials with Fundamentals of Management) | 5 | |
Introduction to Banking, International Banking and Finance | 4 | |
Quantitative Finance (A) | 3 | |
Overview of Islam, Islamic Law (Shar'iah) and the Islamic World | 4 | |
Islamic Economics | 3 | |
Foundations and Principles of Islamic Finance | 3 | |
Advanced Studies in Islamic Finance: 1 | 3 | |
Advanced Studies in Islamic Finance: 2 | 3 | |
Business Profit and Loss (P&L) Assessment | 3 | |
Total Credit Hours (USCH): | 39 | |
Note: to consult the current and official curriculum/list of courses from the EUCLID CMS database, please visit: EUCLID Available Degree Programs and follow the program link.
The EUCLID MBAIF and DIFE provide outstanding professional and academic preparation to its students for a successful career in Islamic finance at the international, regional, national and local levels. Outlook includes managerial positions in education, banking, and economic policy. There is also an increasing demand for experts in Islamic finance and economics in non-Muslim countries and institutions, and one does not have to be a Muslim to study Islamic finance.
EUCLID alumni have been successful in securing employment and promotions in government service and international organizations, including at the level of ambassador and minister.
EUCLID is the only intergovernmental, treaty-based university with a UN registered charter and recognized expertise in diplomacy. Join the alma mater of ambassadors and senior officials globally.
Note: if the PDF brochure is unavailable (or outdated by 2 years), please contact admissions@euclid.int
EUCLID brings together a distinguished international faculty of scholars, practitioners and senior officials. Our professors combine strong academic credentials with real-world experience in international organizations, government, the professions and civil society, and many of them serve the Global South and emerging economies.
The profiles below represent a selection of our outstanding faculty. For the full faculty roster and the professors specifically assigned to this program, please visit our Faculty Profiles Directory.
Applications are reviewed in 4 to 6 business days. Questions get an answer within 2 business days.
