Certificate in Islamic Economics, Banking and Finance (CIBE)

> Course Overview



The Islamic Online University presents the Certificate program in Islamic Banking and Economics. This degree opens the door to a possible career in an exciting, expanding and beneficial field, and is a stepping stone for further studies.

“Allah has permitted trade and has forbidden interest.” (Qur’an, 2:275)

In today’s world flooded with interest based transactions, unlawful bank contracts and investments the need for Islamic banking is increasing. Many countries have recently seen a rise in demand for Islamic banking services. Analysts expect that at the current rate of expansion in the next 8 to 10 years, the Islamic banking network in the UAE will overtake the conventional banking system.

“S&P believes the potential market for Islamic financial services to be closer to $4 trillion.” (Standard & Poor’s Ratings Services)

Job opportunities within the Islamic banking field are also on the rise. While the Middle East still offers growth opportunities there is big potential for growth in countries such as Indonesia, Bangladesh, India, and countries from North Africa and Central Asia which have a substantial Muslim population.

Courses on Islamic Banking & Economics offer a wealth of learning experience to IOU students and by the will of Allah, they will unlock the door to new and exciting careers in Islamic Banking & Economics.

Course Overview

AQD 101Aqeedah 101
ETH 101Etiquettes of Seeking Knowledge 101
FQH 101Fiqh 101
BSA 101Islamic Management 101
ECM 103Principles of Economics (Macro and Micro)
ECM 104Principles of Accounting
FQH 201Fiqh 201
ECM 101Islamic Economics 101
ECM 102Money and Banking
ECM 105Financial Management (Prerequisite: Principles of Accounting (ECM 104))
ECM 106Intro to Islamic Finance
EDU 105Professional Development

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