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Diploma in Islamic Finance (MDIF)

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Program Overview

Islamic finance is expanding globally and there is the need to have Islamic finance professionals to cope up with the growing industry . Based on this the Master Diploma in Islamic Finance (MDIF) was module to contribute to the human capital education requirement for the sector. Since the launched of the course it has become one of the most recognized and popular course for Islamic finance qualification globally.
MDIF is structured by leading professionals on career-based for everybody regardless of whether you are banking professional or a recent graduate. This Islamic banking training is well-recognized among the financial institutions. It aims to hone your Islamic banking skills that employers actually seek. MDIF graduates are serving renowned banking institutions, all over the world.

The Course is equivalent to Level-5 standards of Regulated Qualifications Framework (RQF) of England, Wales and Northern Ireland of the United Kingdom.
The course is a stand alone Islamic finance qualification in Islamic banking and finance. The course is aimed at providing a deeper understanding of Islamic banking. You will gain a solid foundation in the core concepts and prohibitions as well as the methods applied in Islamic banking operations and the broad implications in structuring financial products and investments to comply with Islamic principles.

You will also develop a wider understanding of the important management disciplines and corporate governance that must equally comply with the core Islamic principles requiring to protect the interests of all stakeholders, not just the shareholders.
The course is open to all across the world. You will not need to have any background in banking and knowledge of Islamic principles. You will learn to apply economic reasoning to differentiate between the objectives of Islamic banking and those of conventional banking .

Why Should You Get a Diploma in Islamic Banking and Finance?

Upon completing the MDIF program, you will be able to excel in Islamic banking and finance as well as gain knowledge and skills. You will also be able to discover your potential and abilities. A leading Islamic bank or financial institution is where you will most likely find employment if you get an MDIF. The program has been created for both experienced and fresh graduates.

How Does Master Diploma in Islamic Finance (MDIF) Benefit in Career Growth?

MDIF is a highly reputed qualification, which is being offered by AIMS since the year 2008. Top banks around the globe accept this qualification. Not only do most of our students receive a pay increase, but they also receive a significant increase in job satisfaction. Most of our students say they would not have stayed with their current companies if they had not completed our program. Our graduates also search for jobs and apply for them with our help.

Fee Includes:
  • One year unlimited access to MDIF e-Class
  • Interactive lectures, explaining complete MDIF curriculum
  • Access to comprehensive e-manuals for each course
  • 24/7 academic support by Islamic finance faculty
  • Access to Islamic Finance e-Library
  • 14 practice examinations as assignments
  • MDIF Examination Fee
  • Free CIB and CIFE certifications on completion of Semester-I
  • Free CTP certification and MDIF diploma on completion of Semester-II

Course Structure master diploma in Islamic finance (mdif)
  • Economics and Financial System of Islamic financial system
  • Modes of Islamic Finance
  • Islamic Commercial and Investment Banking
  • Accounting Treatment and Standards in Islamic finance
  • Islamic Insurance system
Course Duration:

Estimated duration is 4 – 5 months

Entry requirements:
  • Applicants must hold at least a college degree, diploma or professional certificate
  • The applicant must have good working knowledge of English

MDIF is awarded by AIMS – a CPD accredited and UKRLP registered institute. CPD accreditation assures that AIMS’ practical and methodical approach is focused to improve professional development. MDIF Total Qualification Time (TQT) is 405 hours and it is designed as per Ofqual Level-5 standards of Regulated Qualifications Framework (RQF).

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Additional information

MDIF Full Fee (if Paid at Once)


If paid in Installment (Semester I Fee)


If paid in Installment (Semester II Fee)


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