Iconic Open University

⁠Professional Diploma in Islamic Banking and Finance

The Professional Diploma in Islamic Banking and Finance at Iconic University is a comprehensive 5-month programme designed to equip individuals with in-depth knowledge and skills in both the principles of Islamic banking and insurance. This diploma programme is tailored towards individuals seeking to enhance their career prospects in the fast-growing Islamic finance industry. Through a combination of theoretical and practical modules, students will gain a thorough understanding of the principles, products, and operations of Islamic banking and insurance, as well as the regulatory and ethical framework governing this field. The programme aims to produce competent professionals who are wellversed in both the technical and ethical aspects of Islamic finance, making them highly sought after by employers in the industry.

1. To develop a comprehensive understanding of the principles and practices of Islamic banking and insurance in accordance with Shari’ah principles.
2. To prepare students for the practical application of Islamic finance concepts in the real world through case studies and industry projects.
3. To equip students with the necessary skills and knowledge to excel in a competitive market through specialized courses in risk management, product development, and asset management.
4. To foster an ethical and responsible mindset among students, emphasizing the importance of social responsibility and sustainability in the Islamic finance industry.
5. To provide a platform for networking and professional development through interactions with industry experts, guest lectures, and site visits to prominent Islamic financial institutions.

21st Century Skills

Among the 21st Century skills for the programme are:

  1. creativity;
  2. information literacy;
  3. flexibility;
  4. social skills;
  5. problem solving;
  6. innovation skills; and
  7. critical thinking.

For candidate to be admitted into this programme, he/she must have a minimum of three credit passes in any subjects of  SSCE/High School Certificate.

Iconic University charges modest fees that give learners the chance to pay per semester only. Nigerian candidates seeking admission will pay an application fee of N5,000 and $10 would be paid by international applicants.

Semester Fees:

Semester Fees are charged based on the human development index (HDI) of country of residence. 

Nigerians

N120,000

Very High Development Countries

$500

High Development Countries

$400 

Medium Development Countries

$300 

Low Development Countries

$250

 

Other countries

$200

 

Click here to see list of countries based on HDI

Note: This schedule is only applicable to Spring Semester 2024/’25 academic session.

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