Over the past two or three decades or so, Islamic banking and finance has emerged as another viable way of financial intermediation. It has gained credibility and has spread worldwide and is the preferred way of banking for one fifth of the world’s population. These taught MSc and MA offer an opportunity to study the structure of the Islamic banking and finance industry, including its theoretical foundations, products, performance, Islamic financial instruments and risk management issues. These and other topics will be studied within the wider context of the banking and finance industry worldwide. There is an MA version of this programme and whilst the MSc is more suitable for candidates with some previous background in mathematics, statistics or econometrics, the MA is more suitable for candidates who prefer a less quantitative approach to their studies.

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