Certificate in Islamic Economics, Banking and Finance (CIBE)

> Course Overview


The International Open University presents its 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 to 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.

Курсы на степени Бакалавриат

AQD 101Aqeedah 101None
ETH 101Etiquettes of Seeking Knowledge 101None
FQH 101Fiqh 101 None
BSA 101Islamic Management 101None 
ECM 103Principles of Economics (Macro and Micro) None
ECM 104Principles of Accounting None


FQH 201Fiqh 201 None
ECM 101Islamic Economics 101  None
ECM 102Money and Banking  None
ECM 105Financial Management (Prerequisite: Principles of Accounting (ECM 104)) Principles of Management (MGT 104)
ECM 106Intro to Islamic Finance  None
EDU 105Professional Development  None


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