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LoadingMSc Takaful & Islamic Insurance — a full postgraduate award in twelve months, same standard, compressed calendar.
Online only

A one-year master's in cooperative (takaful) insurance — models, underwriting, surplus distribution, retakaful and Sharia-governance interfaces — for insurance and finance professionals. Fully online and tuition-free aside from the examination fee. Arab Leadership University delivers this award fully online across the Arab region. There is no campus. English is the administrative language of the award; Arabic-medium tracks require additional language evidence. Assessment is identity-checked. This is an academic Master's award; where a field has a licensing or registration route, that remains a matter for your professional body or regulator. You will work through the material as a practitioner-researcher: applied methods, real or anonymised cases, and a supervised capstone or dissertation as the final component. Faculty mark whether you noticed the constraints a slide deck usually hides.
The programme carries 30 credits across four assessed modules. Delivery is tuition-free aside from the examination fee. Transcripts use letter grades and a GPA scale consistent with Arab Leadership University awards. No professional-body logo is used in marketing to imply endorsement.
Study online
Every programme can be completed fully online with zero tuition fees — study from anywhere in the world.
| Code | Course | Credits |
|---|---|---|
| ALX70101 | Foundations of Islamic Finance & Contracts Foundations of Islamic Finance & Contracts — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70102 | Sharia Governance & Standards Sharia Governance & Standards — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70103 | Financial Analysis & Risk for Islamic Institutions Financial Analysis & Risk for Islamic Institutions — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70104 | Comparative Finance & Regulation Comparative Finance & Regulation — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| Code | Course | Credits |
|---|---|---|
| ALX70105 | Islamic Banking Products & Structuring Islamic Banking Products & Structuring — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70106 | Sukuk & Islamic Capital Markets Sukuk & Islamic Capital Markets — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70107 | Takaful & Islamic Insurance Takaful & Islamic Insurance — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70108 | Islamic Wealth & Asset Management Islamic Wealth & Asset Management — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| Code | Course | Credits |
|---|---|---|
| ALX70109 | Prudential Regulation & Liquidity Prudential Regulation & Liquidity — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70110 | Waqf, Zakat & Social Finance Waqf, Zakat & Social Finance — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70111 | Fintech & Digital Islamic Finance Fintech & Digital Islamic Finance — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70112 | Ethics, Disputes & Compliance Ethics, Disputes & Compliance — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| Code | Course | Credits |
|---|---|---|
| ALX70113 | Research Methods for Islamic Finance Research Methods for Islamic Finance — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70114 | Writing for Boards & Sharia Committees Writing for Boards & Sharia Committees — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70115 | Islamic Finance Capstone Project Islamic Finance Capstone Project — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
| ALX70116 | Capstone Defence Capstone Defence — assessed module on the MSc Takaful & Islamic Insurance (1 Year) pathway.
| 3 |
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 12 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.
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