Banking & Islamic Finance Program

Program Description

The Banking and Islamic Finance Program is a dynamic and innovative initiative from the University of Buraimi that aims to contribute to the strength and sustainability of the Islamic Financial sector which will ultimately benefit the Sultanate of Oman both economically and socially. Students will be given an introduction into the basic principles of Islamic finance before going to gain a more in-depth understanding of issues such as Takaful, Islamic capital markets and the main concepts behind Islamic accounting.

In addition to the required courses, students will have the options of selecting a number of electives that will allow them either to specialize further in the Islamic financial sector, or to broaden their knowledge base to cover more general financial topics such as International Finance or Financial Statement Analysis.

Career Path

This program combines theories and practical applications with concentration on Islamic fundamental and Shari’ah principles which equip the students to associate themselves in the banking & finance industry.

The program provides students high employability potential in professional areas of Islamic Finance. It is currently estimated that there are more than 1.6 trillion assets held within Islamic banks, and Ernst and Young reports that the top 20 Shariah-compliant banks have grown by 48 percent in recent years. There has never been a better time to pursue a career in Islamic finance. Potential career prospects include; International/Regional Banks, Financial services, Sharia Expert, Lending Officer, Internal Auditor, Regulatory Specialist, Risk Specialist, Accounting, University Lecturer.

Bachelor of Arts in Banking & Islamic Finance

Graduation Plan

Total: 131.0 C.H.

Course Code Course Title Sem Prerequisite Credit Hour

ENGL 100

English I

1 & 2

FENG 003

2.0

BCIT 100

Business Computing & Applications

1 & 2

FENG 003
FINT/A 002
FMAT/A 002
FMAT/A 003

3.0

COMM 100

Effective Written Communication

1 & 2

FENG 003

2.0

MATH 120

Finite Mathematics

1 & 2

FENG 003
FMAT/A 003

3.0

ARAB 100

Arabic Language

1 & 2

FENG 003

3.0

HIST 100

Oman History

1 & 2

FENG 003

2.0

SOCI 100

Oman Society

1 & 2

FENG 003

1.0

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