LoadingLoadingLoadingLoadingGovern murabaha files and AAOIFI footnotes in EN+AR—without claiming a Sharia-board seat.
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Islamic finance in the Gulf fails less on product names and more on governance that cannot survive a bilingual board. This degree starts with files: who signed the structure, which AAOIFI standard was cited, and whether the Arabic fatwa extract actually matches the English term sheet a family office will keep. You will treat Vision 2030 localisation and GCC dual-listing as operating facts, not as brochure colour. Arab Leadership University places family enterprises and regional banks at the centre because textbook sukuk cases hide the actual constraint set: related-party deposits, founder fatwa shopping, and attestation that is not evaluation. English and Arabic assessment options match how Riyadh, Dubai, and Cairo committees actually file. You will design a product-governance calendar, interrogate screening lists without pretending to be a licensed scholar, and write a dissent note a chair can minuted. The award is academic. It is not a dealing licence, not a Sharia-board appointment, and not League of Arab States employment. It is for people who must keep Islamic product files honest when marketing has already printed the word compliant. Assessment is bilingual because GCC Islamic windows still file Arabic fatwas beside English covenants. You will keep a product calendar through Ramadan close-outs, map family-office related-party deposits without a private-bank template, and write a Vision 2030 localisation note that does not pretend a headcount is a Sharia control. Tuition-free online study does not weaken identity-checked exams. Marketing for this MSc will not use bank crests, League of Arab States marks, or fake accreditation language. MSc Islamic Finance and Sharia Governance is taught as one award, not a list of unrelated modules. The published length is 18 months, and the credit total is 36. Students move from Murabaha, Ijara, and Wakala File Architecture through Murabaha, Ijara, and Wakala File Architecture; Sukuk Governance versus Marketing Labels; AAOIFI, IFSB, and Internal Policy Hierarchies; Sharia Secretariat Workflows and Minute Discipline; Conflict, Related Parties, and Founder Pressure; Screening Lists without Scholar Theatre, and finish on Ethics of Claiming Compliance. Each course has a question, a method, and a submission. In this field, students read a set of figures, build a small case, and state which assumption moves the result. Reading is financial statements, a recognition note, and a risk report. The artefact a marker expects is a recommendation that separates the decision, the numbers, and the risk. The award is built so that a graduate can do the following in practice: Map a product from origination to bilingual board pack Separate AAOIFI citation from marketing slogans Write an EN+AR dissent note a committee can minute Teaching assumes the student can read a source, attempt a problem before the seminar, and revise after feedback. Attendance at live seminars is part of the design. The capstone or final course must use the methods of the earlier courses; a project that ignores them does not pass. This course does not confer an accounting, audit, or financial-services licence. The pages for each course name the topics that are examined. Those topics are the syllabus. A brochure line is not a substitute for them.
Thirty-six credits across product architecture, Sharia governance process, family-office interfaces, and a bilingual capstone. Identity-checked exams plus operational memos. Tuition-free online aside from the examination fee. No logos of banks, LAS, AU, or UN in teaching materials.
Study online
Tuition is free. Examinations are free. There is no exam fee. Study from anywhere in the world.
| Code | Course | Credits · hours |
|---|---|---|
| ALU1101 | Murabaha, Ijara, and Wakala File Architecture Students read a set of statements and explain what a manager can and cannot conclude. The module is Murabaha, Ijara, and Wakala File Architecture.
| 3 |
| ALU1102 | Sukuk Governance versus Marketing Labels Students build a small valuation and state the assumptions that move the result. The module is Sukuk Governance versus Marketing Labels.
| 3 |
| ALU1103 | AAOIFI, IFSB, and Internal Policy Hierarchies Students identify a financial risk and the control that would catch it. The module is AAOIFI, IFSB, and Internal Policy Hierarchies.
| 3 |
| ALU1104 | Bilingual Term Sheets and Fatwa Extracts Students write an investment or operating case for one organisation. The module is Bilingual Term Sheets and Fatwa Extracts.
| 3 |
| Code | Course | Credits · hours |
|---|---|---|
| ALU1105 | Sharia Secretariat Workflows and Minute Discipline Students read a set of statements and explain what a manager can and cannot conclude. The module is Sharia Secretariat Workflows and Minute Discipline.
| 3 |
| ALU1106 | Conflict, Related Parties, and Founder Pressure Students build a small valuation and state the assumptions that move the result. The module is Conflict, Related Parties, and Founder Pressure.
|
| Code | Course | Credits · hours |
|---|---|---|
| ALU1109 | Family Enterprise Liquidity and Islamic Windows Students read a set of statements and explain what a manager can and cannot conclude. The module is Family Enterprise Liquidity and Islamic Windows.
| 3 |
| ALU1110 | Vision 2030 Localisation and Product Staffing Students build a small valuation and state the assumptions that move the result. The module is Vision 2030 Localisation and Product Staffing.
|
| Code | Course | Credits · hours |
|---|---|---|
| ALU1113 | Product Incident and Remediation Memos Students read a set of statements and explain what a manager can and cannot conclude. The module is Product Incident and Remediation Memos.
| 3 |
| ALU1114 | Research Methods for Islamic Finance Governance Students build a small valuation and state the assumptions that move the result. The module is Research Methods for Islamic Finance Governance.
|
Modules are assessed through a published mix of coursework, applied projects, and examinations. Exam windows are announced in advance so students in other time zones are not forced into overnight sittings. Alternative arrangements are available where documented.
The published duration is 18 months. Teaching language: English and Arabic (bilingual assessment; academic Arabic required for AR-medium tracks). Actual time-to-complete depends on mode and any recognised prior learning.
This is a fully online award. You study from your country. No student visa and no campus relocation are required.
Degree tuition for this award is published as £0 / tuition-free on the online pathway. Examination or administrative fees may apply at checkout — never an annual tuition invoice. Check the Fees page for any extras.
Requirements are grouped on this page (academic, English, documents). Equivalent qualifications are considered. English may be waived after prior English-medium study.
Assessment is typically a mix of coursework, projects, and examinations. Doctoral awards include a thesis or dissertation and an oral examination. Details sit in the programme specification and module outlines.
Recognition of the award for local employment, professional licence, or ministry attestation is decided by your employer or regulator. Arab Leadership University publishes verification pages for certificates. We do not claim automatic equivalence in every country.
Start an application on this website. Progress is saved from the first step. Admissions: admissions@aleaderuni.com.
Recognised & Accredited
| 3 |
| ALU1107 | Screening Lists without Scholar Theatre Students identify a financial risk and the control that would catch it. The module is Screening Lists without Scholar Theatre.
| 3 |
| ALU1108 | Attestation Practice versus Academic Evaluation Students write an investment or operating case for one organisation. The module is Attestation Practice versus Academic Evaluation.
| 3 |
| 3 |
| ALU1111 | GCC Dual Listing and Cross-Border Files Students identify a financial risk and the control that would catch it. The module is GCC Dual Listing and Cross-Border Files.
| 3 |
| ALU1112 | EN+AR Committee Writing Students write an investment or operating case for one organisation. The module is EN+AR Committee Writing.
| 3 |
| 3 |
| ALU1115 | Ethics of Claiming Compliance Students identify a financial risk and the control that would catch it. The module is Ethics of Claiming Compliance.
| 3 |
| ALU1116 | Capstone: Bilingual Product Governance File Students write an investment or operating case for one organisation. The module is Capstone: Bilingual Product Governance File.
| 3 |