Significant new Masters Programmes announced

Specialised Masters programmes in Islamic Finance are crucial to future study plans at Dundee’s Al-Maktoum College Of Higher Education.

Al-Maktoum College of Higher Education in collaboration with University of Dundee, are pleased to announce the launch of three unique Masters programmes in Islamic Finance; Islamic Banking and Finance; and Islamic Banking, Finance and International Business.

Starting September 2019, the programmes are open to graduates from finance and non-finance backgrounds.

Dr Abi Abubaker, acting head of College, said these programmes were key to the College’s future plans and confirmed its important role as a leading centre of learning in Islamic finance and Islamic studies, generally.

“This is a significant step for us and we look forward to bringing students to the city to undertake these three programmes for the first time” said Dr Abubaker.

“The College has been working hard to achieve this over the last few years and are very pleased this collaborative effort is now set to get under way.”

Currently, there are very few universities in the UK offering Islamic Finance at degree level. University of Dundee with the support from the College, looks to be the first in Scotland to succeed in offering the subject at MSc level.

Professor Bill Russell, University of Dundee programme director, adds “The decision for University of Dundee and Al-Maktoum College to enter in to partnership over the new MSc programmes was an obvious one.”

“Our strength in conventional finance and international business, combined with Al-Maktoum College’s Islamic finance and political economics expertise makes for three comprehensive, theoretical and applied MSc degrees.”

All three programmes are designed for students who have completed an undergraduate degree and are now looking to specialise their studies within the financial sector.

The announcement of the degree programmes come as welcoming news to the city of Dundee, having recently been named ‘The best place to live in Scotland’ by the Sunday Times. It is hoped that the initiative will increase the city’s international recognition, as well as add to its already diverse and multicultural community.

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