Islamic Finance MSc

School of Business

Learn the key concepts of Islamic finance, banking and political economy, alongside the study of conventional finance

Start date

January 2022


12 months

Study mode

Full Time


Dundee City Campus

We have a strong history and expertise in teaching traditional finance and economics. This degree is jointly delivered with Al Maktoum College in Dundee and draws upon their expertise in Islamic finance and wider Islamic studies. Few degrees of this kind exist in the UK.

The degree programme covers:

  • the application of Islamic commercial law in relation to Islamic financial institutions and financial products
  • the emergence and working mechanisms of Islamic capital markets
  • the operations of Islamic banks and Islamic financial markets, alongside the nature of risk and its management in Islamic financial institutions

You will challenge the contemporary issues and debates in Islamic finance and gain an understanding of the internationalisation strategies and strategic decisions in business.

You'll also have the opportunity to take part in a global internship as part of this course.

You can also contact the course director, Professor Bill Russell, via Skype to discuss the course.


If you are successful in securing one of the University’s £5000 scholarships (Regional Scholarship, Global Excellence or Global Citizenship) you will automatically receive the Al Maktoum living scholarship, a further £5000 paid to you in 10x£500 monthly instalments. Find out if you are eligible

a man in a suit looking at the camera
“I decided to study for Islamic Finance at the University of Dundee, in order to contribute to the implementation of these real capital-based financial services in my country.”

Khusniddinkhon Djamalov, Islamic Finance student

Islamic Finance degrees

You can choose to study one of the following degrees, with the option being open to change your choice upon arrival at the University:


Shortlisted for Business School of the Year

THE Awards 2021

logo of THE awards - shortlisted for business school of the year
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