Islamic finance is presently experiencing growth rates of approximately 15-20% per annum, with predictions from rating agency Standard and Poor’s suggesting that the total number of assets controlled by Shariah compliant institutions could exceed $4 trillion. Its performance in the current recessionary climate is a good indicator of the viability of Islamic Finance on a global scale with also Western banks opening Islamic windows. Moreover, Governments around the world are introducing new bills to incorporate Islamic banks into their financial systems. The MSc Islamic Banking and Finance will provide the knowledge and analytical skill to explore and explain the principles and practices of Islamic banking and finance. A comprehensive understanding of the financial, economic and legal environments in which Islamic banking operates. Students will be involved in the critical evaluation and understanding of Islamic financial instruments and risk management issues and examine the role of the capital market and its role in providing Islamic finance. Wales accounts for 49,000 employees in the financial and professional services sector, and is predicted to see further growth in the next 10 years, as the sector grows, there will be an increase in demand for a skilled workforce. You could be part of this workforce, you will be studying in Atlantic House, which is right in the heart of Cardiff’s Business Enterprise Zone and is very close to the University’s ATRiuM campus.

From Islamic bank managers to finance directors, our recent graduates have attained positions within a variety of local, national and international organisations. Other possible career options include: * Fund Manager * Development banker * Private client relationship manager * Project finance analyst * Risk Management in banking * Regulatory bodies and consultancy.