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Course options

  • Qualification

    MSc - Master of Science

  • Location

    Main Campus

  • Study mode

    Full time

  • Start date

    19-JAN-26

  • Duration

    1 Year

Course summary

This course looks at the financial system that aligns with the ethical principles of Islam. It ensures that money management and business activities adhere to sharia guidelines.

Islamic finance is based on the idea that money has no value on its own - it’s simply a tool for exchanging goods and services that do have value.

This course offers you a deep dive into the fascinating world of Islamic finance, blending its principles and practices with the foundations of traditional western finance.

Throughout the duration of this course, you will:

  • develop your understanding of the application of Islamic commercial law.
  • develop an understanding of the emergence and working mechanisms of Islamic capital markets
  • learn to challenge the contemporary issues and debates in Islamic finance
  • learn of the internationalisation strategies and strategic decisions in business
  • recognise in which ways Islamic finance is different to other kinds of finance
  • learn about the operations of Islamic banks and Islamic financial markets
  • understand the nature of risk and its management in Islamic financial institutions.

You’ll learn about Islamic finance and traditional western finance, giving you the skills to succeed in a growing global industry.

An optional internship is available on this course, which gives you the opportunity to gain real-world work experience while you complete your degree.

The internship will take place over eight weeks in the summer. It can be completed abroad or online from home.

If you’re interested in ethical finance or want to grow your career, this course opens doors to meaningful jobs around the world. Our master's degrees are all about helping you build the skills you need to succeed in your future career.

Application deadline

17/11/2025

Tuition fees

Students living in United States
(International fees)

£ 23,000per year

Tuition fees shown are for indicative purposes and may vary. Please check with the institution for most up to date details.

University information

University of Dundee

University of Dundee

  • University League Table

    39th

  • Campus address

    Main Campus, Nethergate, Dundee, Dundee City, DD1 4HN, United Kingdom

A highly valued and recognised education in a multicultural study destination. You’ll be supported by a global community of friendly staff and students.
Places of worship in and around campus, international food stores can be found across the city, and there are a range of international student societies.
Scholarships are available to help eligible students get the most from their studies, and there is dedicated support for international students.

Subject rankings

  • Subject ranking

    25th out of 102 7

  • Entry standards

    / Max 233
    186 80%

    5th

  • Graduate prospects

    / Max 100
    74.0 74%

    34th

    10
  • Student satisfaction

    / Max 4
    3.41 85%

    8th

    4

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