Associate of Science in Islamic Economics, Banking and Finance (AIBE)
> Frequently Asked Questions (FAQ)
Frequently Asked Questions (FAQ)
Can I take Associate Degree in Islamic Economics, Banking and Finance with any other bachelor program?
Yes you may, under the IOU Dual Program. Please check the details here: http://www.islamiconlineuniversity.com/dual-program.php.
What are the minimum and maximum periods in which the Associate Degree in Islamic Economics, Banking and Finance may be completed?
Associate Degree in Islamic Economics, Banking and Finance is a 2-year program (4 semesters - 6 courses per semester) that should be completed in maximum 6 years of time. Students can take between one to six courses per semester, but the entire program has to be completed within a maximum of six years.
What if one fails to complete the curriculum in the maximum assigned duration?
Associate Degree in Islamic Economics, Banking and Finance should be completed in maximum 6 years. However, if a student exceeds the allotted time duration without completing the required number of courses, then s/he will need to repeat their earliest courses on case-to-case basis. For example, if one enters the 7th year of study, s/he has to repeat their first and second semester courses. If one enters into the 8th year, the third and fourth semester courses have to be retaken by the student
Is it possible to complete the Associate Degree in Islamic Economics, Banking and Finance in less than one and half year?
No, it is not possible and we do not recommend it under any circumstances. The maximum number of courses a full time student is allowed to take is 9. It will not be possible for a student to concentrate and fully understand the concepts if s/he takes more than 9 courses. A student has to devote approximately 3 to 4 hours per course per week to understand the concepts well. This will not be possible by taking more than 9 courses. In addition, a well-researched assignment for every course has to be submitted as part of the examinations.
Is Islamic Online University an accredited university?
Islamic Online University is globally accredited. However, institutions may have a list of colleges and universities that they consider acceptable. So, it is recommended that you check with the institution where you might want to do further studies.
For more information about accreditation click on the given link: http://www.islamiconlineuniversity.com/bais/accreditation.php
Where does the coursework take place?
The Islamic Online University is an online educational institution. The entire program is taught online via internet. Anyone from any part of the world can join easily and benefit from it, Insha'Allah.
What shall I do if I have a slow internet connection?
It is strongly recommended for IOU students to have a high-speed internet connection. However, if a student does not have a high-speed connection, s/he can download audio and video lectures that can be watched or listened to later.
How do I take exams?
Module tests and midterm exams can be taken at home within the prescribed period. The final exams must be taken only in an IOU approved exam center. There are several designated IOU centers across the globe. You may look for a center near you before the exams begin and register for it. If there is no IOU approved exam center nearby, you can suggest an exam center and if it will meet our requirements, we will approve it even if you are the only student taking exams in it, Insha’Allah. Please read the exam center requirements by clicking on the link http://www.islamiconlineuniversity.com/iap/requirements-exam-center.php
Is there any fee for taking the exams?
No, there are no examination fees charged by IOU. However, students might have to pay fees to the exam center directly if requested. Therefore, we advise students to confirm with the centers beforehand.
I want to join the Associate Degree in Islamic Economics, Banking and Finance program. Where do I begin?
The Islamic Online University is an online educational institution. The entire program is taught online via internet. Anyone from any part of the world can join easily and benefit from it, Insha Allaah. The admission is open throughout the year. If a student is admitted and enrollment is closed, s/he will begin studies in the following enrollment phase.
Before you begin the registration process, make sure that you have your personal information and necessary scanned images ready on your PC. The registration form is available here:http://www.islamiconlineuniversity.com/campus/login/signup.php Please choose the program ‘Islamic Economics, Banking and Finance’ and the stream ‘DIBE’
Kindly find the admission process here : http://www.islamiconlineuniversity.com/aibe/process.php
Once all the required documents are uploaded, you will receive a reply from the registrar regarding your admission confirmation and fee payment details within 3 days, Insha Allaah. If you will not receive any reply, please contact the IOU Info Desk at firstname.lastname@example.org.
What does the enrollment process entail?
Upon the completion of the 3 registration steps, the payment of the fees included, you will receive an email with the enrollment instructions few days before the beginning of the semester during the regular enrollment period. If you have completed the registration before or after the regular enrollment period, you may enroll via the early enrollment system by visiting this link. Please note that you have only two attempts to enroll. Therefore, you should choose your courses carefully. Staff will be able to help you only if there is some genuine reason.
When will enrollment and classes begin?
The Islamic Online University offers two terms each year.
Spring semester - March to July
Fall semester - September to January
The exact dates for the enrollment during the regular period, which is at the beginning of the semester, are announced on the site news before the semester begins. The early enrollment for those who want to enroll during the non-regular period can be accessed via this link.
When does the late registration period start?
Registration is open all year round though we advise you to register right away. You will be able to register in the current semester if the deadline has not passed. If the deadline has passed, you will be registered for the following semester and you may enroll into courses via the early enrollment system.
The deadlines of registration are broadly divided into three categories:
Early Registration Period:
Spring: beginning of October to mid-February
Fall: beginning of April to mid-August
Regular Registration Period:
Spring: mid-February to mid-March
Fall: mid-August to mid-September
Late Registration Period:
Spring: mid-March to end of March
Fall: mid-September to end of September
Registered students will be sent the exact dates of each semester a couple of weeks before the semester starts.
Do I need to pay any extra fees if I register during the late registration period?
A flat amount of late registration fee of $10 USD will be charged along with the regular semester registration fees from the continuing students if they opt to pay the semester registration fees in the late registration period. However, new students are exempted from the late registration fee
How much are the tuition fees?
Alhamdulillaah, all the courses are tuition-free, however, there are affordable semester registration fees applicable based on the development of the country of residence
Please see more details and sliding scale fees structure here:http://www.islamiconlineuniversity.com/aibe/scale-fee.php These are the only fees we charge per semester. The course material is provided free of cost. Additionally, there is an e-library available as a study aid for the students.
Is there a separate fee for learning materials?
All course materials are free of charge; eBooks, video lectures and MP3 audio recordings. E-library is also available. Hard copies of textbooks are not provided by IOU; however, they are easily obtainable from external sources