BACHELOR OF BUSINESS ADMINISTRATION (ISLAMIC BANKING & FINANCE)

Programme Overview

Islamic finance is no longer a niche sector; it is fast becoming a major driving force in the global economy. Recognising its growing importance, UNIRAZAK has designed a dynamic and industry-relevant programme that prepares students to thrive in the evolving world of Islamic banking and finance.

Our curriculum is carefully developed through collaboration between academic experts and industry professionals. This ensures that our graduates not only gain strong theoretical foundations but also practical skills that meet real-world industry needs.

Learn from the Best in the Industry

UNIRAZAK partners with the Islamic Banking and Finance Institute Malaysia (IBFIM), a leading industry-owned institute established in 2001. IBFIM is dedicated to developing skilled professionals and future leaders for the Islamic finance sector.

Through IBFIM’s expertise, students benefit from an education that is directly aligned with industry demands, combining:

Practical training and talent development

Professional advisory and consultancy

Cutting-edge knowledge management in Islamic finance

This means you will graduate not only with knowledge, but with the confidence to lead, innovate, and make a real impact.

What You Will Achieve

Our programme aims to shape graduates who are:

Future-ready and competitive, always evolving through lifelong learning

Confident communicators, able to simplify complex concepts across diverse cultures

Ethically grounded, with strong professional values and a commitment to integrity

Industry-ready, equipped to apply Islamic finance principles in real-world scenarios

Critical thinkers, able to navigate and solve modern financial challenges

Visionary leaders, prepared to contribute to the growth of Islamic finance locally and globally

MPU & Univerity Courses

• Penghayatan Etika dan Peradaban
• Falsafah dan Isu Semasa
• Bahasa Melayu Komunikasi II
• Thinking Skills
• Bahasa Kebangsaan A
• Community Engagement and Volunteering
• Professional Event Management
• Introduction to the Malaysian Constitution
•  

Core Courses

• Public Speaking 1
• Public Speaking 2
• Volunteerism and Service Learning
• Entrepreneurship and Innovation
• Corporate Social Policy
• Principles of Management
• Principles of Finance
• Principles of Marketing
• Principles of Microeconomics
• Principles of Macroeconomics
• Organizational Behaviour
• Principles of Accounting
• Management Information Systems
• Financial Management
• Business Mathematics
• Project Management
• Human Resource Management
• Business Law
• Strategic Management
• Business Statistics

Specialization

• International Business
• Usul Fiqh
• Islamic Financial Markets and Institutions
• Shariah, Ethics and Governance
• Islamic Banking Operation
• Credit Operation
• Risk Management in Islamic Banking
• Islamic Bank Management
• Islamic Trade Finance
• Islamic Capital Markets
• International Islamic Banking and Offshore Practices
• Wealth Planning Management

Elective Courses

• Marketing of Islamic Finance Products
• Customer Relationship Management
• Retail Credit Specialist
• Islamic Economics
• Structuring Financing Requirements and Rescheduling Financing Facilities

Internship / Professional Practice

• Internship for Islamic Banking and Finance

Career Opportunities

Graduates are highly sought after in the rapidly expanding Islamic finance sector. With a strong foundation in Shariah-compliant principles, financial analysis, and modern banking practices, you will be prepared for a range of rewarding and impactful careers, both locally and globally. You can build your career as:

•  Islamic Banking Officer
•  Shariah Compliance Executive
•  Islamic Finance Analyst
•  Takaful (Islamic Insurance) Consultant
•  Islamic Capital Markets Executive
•  Wealth Management Advisor (Islamic Finance)
•  Risk Management Executive (Islamic Finance)
•  Islamic Finance Entrepreneur

Islamic finance is one of the fastest-growing sectors globally. With this degree, you will be well-equipped to enter a dynamic industry characterised by strong career growth, competitive salaries, and opportunities to work across international markets.

Ready to take your passion further? Continue your studies with us and advance to the next level through our diverse pathway options. Whether you want to deepen your expertise or broaden your career opportunities, we are here to support your growth every step of the way.

Entry Requirements

Academic Requirements (International & Local):
• STPM A pass with a minimum Grade C (GP 2.0) in any 2 subjects, and a pass in Mathematics and English at SPM level, or any equivalent qualification. A pass with a minimum CGPA of 2.00 from an institution recognized by the Malaysian Government;

Sijil Tinggi Agama Malaysia (STAM) A pass with a minimum grade of Jayyid and a pass in Mathematics and English at SPM level;

Note: The requirement for PASS in Mathematics and English at the SPM level can be excluded if the candidate obtained a credit or higher grade at STAM.

UEC A pass  minimum of grade B in FIVE (5) subjects including a pass in Mathematics & English;
• UEC A pass at the UEC level with minimum of grade B in FIVE (5) subjects including a pass in Mathematics & English;

Diploma A pass with a minimum CGPA of 2.00 from universities/colleges recognized by the Malaysian Government;

International Baccalaureate (IB) A pass with minimum score of 30 points;

Others

• Other equivalent qualifications recognised by MQA/Malaysian Government:
• Diploma Kolej Vokasional (DVM)
• Executive Diploma UM
• APEL (Accreditation of Prior Experiential Learning)

International IELTS 5.5 or a minimum of Grade B2 (162) in First Cambridge English (FCE) or MUET (Malaysian University English Test) (Band 3) or other equivalent English qualifications recognised by MQA/Malaysian Government. Successful attainment of FCE minimum of Grade B2 (162) conducted by the Centre for English Language (CEL) within 12 months from the date of entry with conditional offer letter.

The validity period for TOEFL and IELTS is TWO (2) years from the date of the award.

Additional Requirements Credit in Mathematics at SPM level

English Language Requirement:
• IELTS minimum band 5.5.
• TOEFL/IELTS scores are valid for two (2) years from the date of award.
• A conditional offer may be issued to international students who have not yet met the English requirement; the student must achieve the required English proficiency within 12 months of enrolment. 

STUDENT PASS / VISA REQUIREMENTS (INTERNATIONAL STUDENTS)

All international students who plan to study full-time in Malaysia are required to obtain a Student Pass (Student Visa) before starting their studies.

• You must receive an official Offer Letter from the university before applying for a student pass

• The university will submit your Student Pass application through Education Malaysia Global Services (EMGS) on your behalf

• A Visa Approval Letter (VAL / eVAL) is required before travelling to Malaysia

• Studying on a tourist or social visit visa is not permitted

• Your passport must be valid for at least 18 months from your intended intake date

• Visa processing time depends on EMGS and Malaysian Immigration approval

• After arriving in Malaysia, all students must complete a medical check-up at an EMGS-registered clinic

• Your Student Pass will be issued only after medical clearance and document verification

• Continuing students must renew their Student Pass before it expires

DOCUMENTS REQUIRED FOR STUDENT PASS APPLICATION

The following documents are commonly required for all international students:

• Valid passport (clear scanned copy of all pages, including blank pages)

• Passport-size photograph with a white background

• Official Offer Letter from the university

• Academic certificates and transcripts related to your programme

• English language proficiency certificate (IELTS / TOEFL or equivalent), if required

• Proof of acceptance or tuition fee payment (if requested by the university)

• Student Pass / Visa processing fee as determined by EMGS

• Completed EMGS Health Declaration Form (if applicable)

Please note: All documents not originally in English must be submitted together with certified English translations.

ADDITIONAL DOCUMENTS (IF APPLICABLE)

Some students may be asked to provide extra documents depending on their situation:

• Release Letter and Visa Cancellation Letter (for students transferring from another institution in Malaysia)

• School Leaving Certificate (for foundation or diploma applicants)

• Sponsorship or Scholarship Letter (if your studies are funded)

• Proof of financial support to cover tuition fees and living expenses

• Statutory Declaration (if there are name differences across documents)

• Resume or Character Reference Letter (commonly required for applicants above 23 years old)

• Police Clearance Certificate (if requested by EMGS or embassy authorities)

• Copy of previous Malaysian visa or Resident Pass (if applicable)

AFTER ARRIVING IN MALAYSIA

Once you arrive in Malaysia, you will need to:

• Complete a medical examination at an EMGS-approved clinic

• Submit your passport for Student Pass endorsement

• Receive a temporary Special Pass (if applicable) while your Student Pass is being processed

• Collect your Student Pass and complete university registration

IMPORTANT REMINDERS

• Student Pass requirements are set by Malaysian Immigration and EMGS and may vary by nationality
• The university’s International Office will guide you through each step of the process
• Students are strongly advised to prepare documents at least 2–3 months before intake
• Requirements may change, so always follow the latest instructions provided by the university