Islamic Finance
B. Sc. in Business Administration (Islamic Finance Concentration) at UCB is one of the earliest bachelor degree program in Islamic finance taught in the Kingdom of Bahrain and in the GCC region. We are also proud that our B. Sc. in Business Administration (Islamic Finance) is the only Islamic finance program in the GCC region to be recognized as AAOIFI Affiliated University. The B. Sc. in Business Administration (Islamic Finance Concentration) is designed to provide students with strong knowledge and understanding in Islamic economics, banking, and finance, Islamic commercial law (fiqh muammalat), Islamic insurance (takaful), and the higher objectives of shariah (maqasid al-shariah). The courses offered in this program are also imbued with Islamic values and ethics to produce ethical Islamic finance professionals in the growing Islamic financial services industry.
Graduates of B. Sc. in Business Administration (Finance Concentration) have a broad career prospects in various Islamic banking and financial services industry, ranging from Islamic banking institutions, shariah-compliant corporations, Islamic investment firms, takaful companies, Islamic research institutes, shariah audit firms, zakat & awqaf institutions, central bank, and Islamic fintech firms. The graduates from this programme could work as Islamic financial analyst, Islamic bankers, Islamic economist, Islamic asset managers, shariah-audit officers, takaful officers, and researchers. Moreover, the B. Sc. in Business Administration (Islamic Finance Concentration) taught here embedded employability skills in critical thinking, presentation, interpersonal, and communication skills across all courses.
B. Sc. in Business Administration (Islamic Finance Concentration) also prepares you for taking professional Islamic finance qualifications such as certified Islamic professional accountant (CIPA) and certified shariah adviser and auditor (CSAA).
Concentration Requirements
This degree requires 128 credit hours.
University Requirements (Compulsory) 11 Courses (32 Cr)
ARA101 | Arabic |
CSC101 | Computing Essentials |
ENG101 | English I |
ENG102 | English II |
MAT101 | Calculus I |
SBS155 | Human Rights |
ENG201 | English III : Technical Writing |
WCS201 | Cultural Studies I |
SBS206 | Bahrain Modern History |
CSR301 | Corporate Social Responsibility |
REM301 | Research Methods |
University Requirements (Elective) Select 2 Courses (6 Cr)
ENG220 | Themes in Literature |
GRD130 | Painting |
LIT203 | Studies in American Literature |
PHL202 | Business Ethics |
PHL203 | Critical Thinking Skills |
POS101 | Intro. to Political Science |
PSY201 | Introduction to Psychology |
SBS201 | General Sociology |
SBS203 | Human Development |
SBS205 | Communication Skills |
WCS301 | Cultural Studies II |
WMN201 | Women Studies |
Program Requirements (Compulsory) 16 Courses (48 Cr)
ACT101 | Financial Accounting 1 |
BUS301 | Entrepreneurship |
MGT101 | Principles of Management |
ACT201 | Managerial Accounting |
ECO201 | Microeconomics |
ECO202 | Macroeconomics |
FIN201 | Principles of Finance |
MKT201 | Principles of Marketing |
STS201 | Probability And Statistics I |
BUS205 | Business Law |
BUS315 | Internship/Practicum |
BUS350 | Business Communications |
CIT311 | Management Information Systems |
MGT301 | Organization and Management |
BUS491 | Graduation Project |
MGT490 | Business Policy & Strategy |
Program Requirements (Elective) Select 4 Courses (12 Cr)
CIT251 | Internet of Things |
BUS310 | Managerial Economics |
BUS325 | New Venture Creation |
BUS435 | Family Entrepreneurship Management |
CIT231 | Cloud Computing |
CIT262 | Multimedia Systems |
FIN385 | Financial Planning and Control |
MAT102 | Calculus II |
MGT385 | Tourism & Hospitality Management |
STS202 | Probability And Statistics II |
Concentration Requirements (Compulsory) 8 courses (24Cr)
IBF301 | Islamic Economics |
IBF303 | Theory of Islamic Banking & Finance |
IBF305 | Islamic Commercial Jurisprudence (Figh Mu'amalat) |
IBF309 | Accounting for Islamic Banks |
IBF311 | Takaful (Islamic Insurance) Practice |
IBF410 | Islamic Capital Markets |
IBF451 | Islamic Wealth Management |
IBF491 | Risk Management for Islamic Financial Institutions |
Concentration Requirements (Elective) Select 1 Courses (3Cr)
ACT102 | Financial Accounting II |
FIN301 | Financial Statement Analysis |
FIN351 | Investment Management |
FIN365 | International Finance |
FIN360 | Corporate Finance |
FIN435 | FinTech and Financial Innovation |
MGT471 | Business Analytics |