Iconic Open University

Professional Diploma in Islamic Insurance

The Professional Diploma in Islamic Insurance offered by Iconic University is a comprehensive 5-month programme designed to equip students with the knowledge and skills required to succeed in the evolving world of Islamic insurance. The programme covers essential areas such as Shariah principles, risk management, takaful operations, and ethical business practices. Through a combination of theoretical modules, case studies, and practical exercises, students will develop a deep understanding of the principles and practices of Islamic insurance and gain a competitive advantage in the global insurance industry.

1. To provide students with comprehensive knowledge of Islamic insurance principles and their application in the insurance industry.
2. To develop students’ critical thinking and analytical skills in evaluating and managing risks in Islamic insurance.
3. To equip students with the necessary skills and techniques to effectively market and manage Islamic insurance products.
4. To promote ethical and responsible business practices in Islamic insurance and cultivate a strong sense of social responsibility.
5. To prepare students for employment in the insurance industry and provide them with a competitive edge in the job market through practical industry experience and networking opportunities.

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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