MSc

MSc Islamic Capital Markets

Read sukuk and Islamic funds as market files—not a dealing or CFA licence.

Online & New Capital Campus

4 Semesters (2 Years)36 creditsEnglish and Arabic (bilingual assessment; academic Arabic required for AR-medium tracks)

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Overview

Islamic capital markets fail in disclosure that cannot survive two languages. This degree starts with the issuance file: who holds what risk, which screening was used, and whether the Arabic summary matches the English offering circular. Family offices and sovereign-adjacent public investors appear as clients, not as employers this university can promise. Vision 2030 capital-market deepening is an operating calendar: listings, sukuk programmes, and fintech rails that still rest on attested documents that are not academic evaluation. You will write a bilingual risk note, interrogate green-sukuk marketing, and keep dealing-licence boundaries in every public sentence. The award is academic. It is not exchange membership, not UN climate-finance employment, and not a fake accreditation as a licensed advisor. It is for people who must keep Islamic market files honest when the roadshow has already started. You will compare an English offering circular with an Arabic summary until the risk sentence matches, write a family-office buy-side note that is not a dealing recommendation, and flag green-sukuk marketing that outruns the file. Vision 2030 market-deepening calendars are time constraints, not logos. Tuition-free online. No exchange, bank, or LAS marks in photography. MSc Islamic Capital Markets is taught as one award, not a list of unrelated modules. The published length is 4 Semesters (2 Years), and the credit total is 36. Students move from Sukuk Structures as File Maps through Sukuk Structures as File Maps; Offering Circulars in Two Languages; Screening Practice without Scholar Theatre; Islamic Funds Governance; Family Office as Buy-Side Client; Public Investment Interfaces (Non-Employment), and finish on Ethics of Roadshow Language. Each course has a question, a method, and a submission. In this field, students justify a marketing decision with evidence rather than a slogan. Reading is a brief, a channel note, and a measurement plan. The artefact a marker expects is a campaign or content recommendation with audience, channel, and measure. The award is built so that a graduate can do the following in practice: Map an issuance file across EN and AR summaries Write a risk note that is not a dealing recommendation Separate screening practice from Sharia-board theatre Teaching assumes the student can read a source, attempt a problem before the seminar, and revise after feedback. Attendance at live seminars is part of the design. The capstone or final course must use the methods of the earlier courses; a project that ignores them does not pass. The pages for each course name the topics that are examined. Those topics are the syllabus. A brochure line is not a substitute for them.

Thirty-six credits: issuance architecture, fund governance, bilingual disclosure, and a markets-file capstone. Not a dealing licence. Tuition-free online. No exchange or LAS logos.

Who This Programme Is For

Sukuk and Islamic funds operations staff
Family-office investment coordinators
Capital-markets compliance analysts
Public-investment support officers (non-SWF employment)

How you can study

Digital only

Study online

100% tuition-free online

Online tuition is completely free. Study from anywhere in Egypt, the Arab region, and worldwide with full digital flexibility.

✦ Tuition: £0 / $0
✦ Examinations are free. There is no exam fee.
✦ Learn from anywhere · Live online seminars

Apply online →

What You Will Learn

Map an issuance file across EN and AR summaries
Write a risk note that is not a dealing recommendation
Separate screening practice from Sharia-board theatre
Keep CFA and dealing-licence boundaries public
Refuse exchange and UN climate logos

Curriculum

Module 1: Issuance architecture

Code	Course	Credits · hours
IUC2101	Sukuk Structures as File Maps Sukuk Structures as File Maps (IUC2101) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Sukuk Structures as File Maps as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2101-M1 · Audience, offer, and the evidence for both — Sukuk Structures as File Maps IUC2101-M2 · Channel choice and what the channel cannot do — Sukuk Structures as File Maps IUC2101-M3 · Message, proof, and a measure of response — Sukuk Structures as File Maps IUC2101-M4 · Ethics of persuasion and claims that must not be made — Sukuk Structures as File Maps IUC2101-M5 · A campaign or content decision with a budget line — Sukuk Structures as File Maps IUC2101-M6 · A recommendation a client could act on — Sukuk Structures as File Maps	3 · 30 h
IUC2102	Offering Circulars in Two Languages Offering Circulars in Two Languages (IUC2102) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Offering Circulars in Two Languages as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2102-M1 · Audience, offer, and the evidence for both — Offering Circulars in Two Languages IUC2102-M2 · Channel choice and what the channel cannot do — Offering Circulars in Two Languages IUC2102-M3 · Message, proof, and a measure of response — Offering Circulars in Two Languages IUC2102-M4 · Ethics of persuasion and claims that must not be made — Offering Circulars in Two Languages IUC2102-M5 · A campaign or content decision with a budget line — Offering Circulars in Two Languages IUC2102-M6 · A recommendation a client could act on — Offering Circulars in Two Languages	3 · 30 h
IUC2103	Screening Practice without Scholar Theatre Screening Practice without Scholar Theatre (IUC2103) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Screening Practice without Scholar Theatre as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2103-M1 · Audience, offer, and the evidence for both — Screening Practice without Scholar Theatre IUC2103-M2 · Channel choice and what the channel cannot do — Screening Practice without Scholar Theatre IUC2103-M3 · Message, proof, and a measure of response — Screening Practice without Scholar Theatre IUC2103-M4 · Ethics of persuasion and claims that must not be made — Screening Practice without Scholar Theatre IUC2103-M5 · A campaign or content decision with a budget line — Screening Practice without Scholar Theatre IUC2103-M6 · A recommendation a client could act on — Screening Practice without Scholar Theatre	3 · 30 h

Code

Course

Credits · hours

IUC2101

Sukuk Structures as File Maps

Sukuk Structures as File Maps (IUC2101) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Sukuk Structures as File Maps as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2101-M1 · Audience, offer, and the evidence for both — Sukuk Structures as File Maps
IUC2101-M2 · Channel choice and what the channel cannot do — Sukuk Structures as File Maps
IUC2101-M3 · Message, proof, and a measure of response — Sukuk Structures as File Maps
IUC2101-M4 · Ethics of persuasion and claims that must not be made — Sukuk Structures as File Maps
IUC2101-M5 · A campaign or content decision with a budget line — Sukuk Structures as File Maps
IUC2101-M6 · A recommendation a client could act on — Sukuk Structures as File Maps

3 · 30 h

IUC2102

Offering Circulars in Two Languages

Offering Circulars in Two Languages (IUC2102) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Offering Circulars in Two Languages as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2102-M1 · Audience, offer, and the evidence for both — Offering Circulars in Two Languages
IUC2102-M2 · Channel choice and what the channel cannot do — Offering Circulars in Two Languages
IUC2102-M3 · Message, proof, and a measure of response — Offering Circulars in Two Languages
IUC2102-M4 · Ethics of persuasion and claims that must not be made — Offering Circulars in Two Languages
IUC2102-M5 · A campaign or content decision with a budget line — Offering Circulars in Two Languages
IUC2102-M6 · A recommendation a client could act on — Offering Circulars in Two Languages

3 · 30 h

IUC2103

Screening Practice without Scholar Theatre

Screening Practice without Scholar Theatre (IUC2103) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Screening Practice without Scholar Theatre as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2103-M1 · Audience, offer, and the evidence for both — Screening Practice without Scholar Theatre
IUC2103-M2 · Channel choice and what the channel cannot do — Screening Practice without Scholar Theatre
IUC2103-M3 · Message, proof, and a measure of response — Screening Practice without Scholar Theatre
IUC2103-M4 · Ethics of persuasion and claims that must not be made — Screening Practice without Scholar Theatre
IUC2103-M5 · A campaign or content decision with a budget line — Screening Practice without Scholar Theatre
IUC2103-M6 · A recommendation a client could act on — Screening Practice without Scholar Theatre

3 · 30 h

Module 2: Funds and investors

Code	Course	Credits · hours
IUC2105	Islamic Funds Governance Islamic Funds Governance (IUC2105) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can say who decides, under which rule, and draft a note a professional could read, using Islamic Funds Governance as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a statute or instrument, a case or policy paper, and a commentary. Seminar time is for the decision, not for reading the materials aloud. Assessment is a memo or draft clause with sources and a revision note. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. This course is academic. It does not admit the student to practise law and it is not a qualifying law degree. IUC2105-M1 · Forum, rule, and parties — Islamic Funds Governance IUC2105-M2 · Claim, counterclaim, and the facts that would change the result — Islamic Funds Governance IUC2105-M3 · A clause, briefing, or policy note for a named audience — Islamic Funds Governance IUC2105-M4 · Sources, revision, and the strength of the authority — Islamic Funds Governance IUC2105-M5 · Institutions and the limit of the award — Islamic Funds Governance IUC2105-M6 · A supervised paper: question, sources, argument, and defence — Islamic Funds Governance	3 · 30 h
IUC2106	Family Office as Buy-Side Client Family Office as Buy-Side Client (IUC2106) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Family Office as Buy-Side Client as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2106-M1 · Audience, offer, and the evidence for both — Family Office as Buy-Side Client IUC2106-M2 · Channel choice and what the channel cannot do — Family Office as Buy-Side Client IUC2106-M3 · Message, proof, and a measure of response — Family Office as Buy-Side Client IUC2106-M4 · Ethics of persuasion and claims that must not be made — Family Office as Buy-Side Client IUC2106-M5 · A campaign or content decision with a budget line — Family Office as Buy-Side Client IUC2106-M6 · A recommendation a client could act on — Family Office as Buy-Side Client	3 · 30 h
IUC2107	Public Investment Interfaces (Non-Employment) Public Investment Interfaces (Non-Employment) (IUC2107) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Public Investment Interfaces (Non-Employment) as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2107-M1 · Audience, offer, and the evidence for both — Public Investment Interfaces (Non-Employment) IUC2107-M2 · Channel choice and what the channel cannot do — Public Investment Interfaces (Non-Employment) IUC2107-M3 · Message, proof, and a measure of response — Public Investment Interfaces (Non-Employment) IUC2107-M4 · Ethics of persuasion and claims that must not be made — Public Investment Interfaces (Non-Employment) IUC2107-M5 · A campaign or content decision with a budget line — Public Investment Interfaces (Non-Employment) IUC2107-M6 · A recommendation a client could act on — Public Investment Interfaces (Non-Employment)	3 · 30 h

Code

Course

Credits · hours

IUC2105

Islamic Funds Governance

Islamic Funds Governance (IUC2105) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can say who decides, under which rule, and draft a note a professional could read, using Islamic Funds Governance as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a statute or instrument, a case or policy paper, and a commentary. Seminar time is for the decision, not for reading the materials aloud. Assessment is a memo or draft clause with sources and a revision note. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. This course is academic. It does not admit the student to practise law and it is not a qualifying law degree.

IUC2105-M1 · Forum, rule, and parties — Islamic Funds Governance
IUC2105-M2 · Claim, counterclaim, and the facts that would change the result — Islamic Funds Governance
IUC2105-M3 · A clause, briefing, or policy note for a named audience — Islamic Funds Governance
IUC2105-M4 · Sources, revision, and the strength of the authority — Islamic Funds Governance
IUC2105-M5 · Institutions and the limit of the award — Islamic Funds Governance
IUC2105-M6 · A supervised paper: question, sources, argument, and defence — Islamic Funds Governance

3 · 30 h

IUC2106

Family Office as Buy-Side Client

Family Office as Buy-Side Client (IUC2106) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Family Office as Buy-Side Client as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2106-M1 · Audience, offer, and the evidence for both — Family Office as Buy-Side Client
IUC2106-M2 · Channel choice and what the channel cannot do — Family Office as Buy-Side Client
IUC2106-M3 · Message, proof, and a measure of response — Family Office as Buy-Side Client
IUC2106-M4 · Ethics of persuasion and claims that must not be made — Family Office as Buy-Side Client
IUC2106-M5 · A campaign or content decision with a budget line — Family Office as Buy-Side Client
IUC2106-M6 · A recommendation a client could act on — Family Office as Buy-Side Client

3 · 30 h

IUC2107

Public Investment Interfaces (Non-Employment)

Public Investment Interfaces (Non-Employment) (IUC2107) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Public Investment Interfaces (Non-Employment) as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2107-M1 · Audience, offer, and the evidence for both — Public Investment Interfaces (Non-Employment)
IUC2107-M2 · Channel choice and what the channel cannot do — Public Investment Interfaces (Non-Employment)
IUC2107-M3 · Message, proof, and a measure of response — Public Investment Interfaces (Non-Employment)
IUC2107-M4 · Ethics of persuasion and claims that must not be made — Public Investment Interfaces (Non-Employment)
IUC2107-M5 · A campaign or content decision with a budget line — Public Investment Interfaces (Non-Employment)
IUC2107-M6 · A recommendation a client could act on — Public Investment Interfaces (Non-Employment)

3 · 30 h

Module 3: Market conduct

Code	Course	Credits · hours
IUC2109	EN+AR Risk Notes that Are Not Advice EN+AR Risk Notes that Are Not Advice (IUC2109) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using EN+AR Risk Notes that Are Not Advice as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2109-M1 · Audience, offer, and the evidence for both — EN+AR Risk Notes that Are Not Advice IUC2109-M2 · Channel choice and what the channel cannot do — EN+AR Risk Notes that Are Not Advice IUC2109-M3 · Message, proof, and a measure of response — EN+AR Risk Notes that Are Not Advice IUC2109-M4 · Ethics of persuasion and claims that must not be made — EN+AR Risk Notes that Are Not Advice IUC2109-M5 · A campaign or content decision with a budget line — EN+AR Risk Notes that Are Not Advice IUC2109-M6 · A recommendation a client could act on — EN+AR Risk Notes that Are Not Advice	3 · 30 h
IUC2110	Vision 2030 Market Deepening Calendars Vision 2030 Market Deepening Calendars (IUC2110) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Vision 2030 Market Deepening Calendars as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2110-M1 · Audience, offer, and the evidence for both — Vision 2030 Market Deepening Calendars IUC2110-M2 · Channel choice and what the channel cannot do — Vision 2030 Market Deepening Calendars IUC2110-M3 · Message, proof, and a measure of response — Vision 2030 Market Deepening Calendars IUC2110-M4 · Ethics of persuasion and claims that must not be made — Vision 2030 Market Deepening Calendars IUC2110-M5 · A campaign or content decision with a budget line — Vision 2030 Market Deepening Calendars IUC2110-M6 · A recommendation a client could act on — Vision 2030 Market Deepening Calendars	3 · 30 h
IUC2111	Dealing-Licence and CFA Boundaries Dealing-Licence and CFA Boundaries (IUC2111) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Dealing-Licence and CFA Boundaries as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2111-M1 · Audience, offer, and the evidence for both — Dealing-Licence and CFA Boundaries IUC2111-M2 · Channel choice and what the channel cannot do — Dealing-Licence and CFA Boundaries IUC2111-M3 · Message, proof, and a measure of response — Dealing-Licence and CFA Boundaries IUC2111-M4 · Ethics of persuasion and claims that must not be made — Dealing-Licence and CFA Boundaries IUC2111-M5 · A campaign or content decision with a budget line — Dealing-Licence and CFA Boundaries IUC2111-M6 · A recommendation a client could act on — Dealing-Licence and CFA Boundaries	3 · 30 h

Code

Course

Credits · hours

IUC2109

EN+AR Risk Notes that Are Not Advice

EN+AR Risk Notes that Are Not Advice (IUC2109) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using EN+AR Risk Notes that Are Not Advice as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2109-M1 · Audience, offer, and the evidence for both — EN+AR Risk Notes that Are Not Advice
IUC2109-M2 · Channel choice and what the channel cannot do — EN+AR Risk Notes that Are Not Advice
IUC2109-M3 · Message, proof, and a measure of response — EN+AR Risk Notes that Are Not Advice
IUC2109-M4 · Ethics of persuasion and claims that must not be made — EN+AR Risk Notes that Are Not Advice
IUC2109-M5 · A campaign or content decision with a budget line — EN+AR Risk Notes that Are Not Advice
IUC2109-M6 · A recommendation a client could act on — EN+AR Risk Notes that Are Not Advice

3 · 30 h

IUC2110

Vision 2030 Market Deepening Calendars

Vision 2030 Market Deepening Calendars (IUC2110) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Vision 2030 Market Deepening Calendars as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2110-M1 · Audience, offer, and the evidence for both — Vision 2030 Market Deepening Calendars
IUC2110-M2 · Channel choice and what the channel cannot do — Vision 2030 Market Deepening Calendars
IUC2110-M3 · Message, proof, and a measure of response — Vision 2030 Market Deepening Calendars
IUC2110-M4 · Ethics of persuasion and claims that must not be made — Vision 2030 Market Deepening Calendars
IUC2110-M5 · A campaign or content decision with a budget line — Vision 2030 Market Deepening Calendars
IUC2110-M6 · A recommendation a client could act on — Vision 2030 Market Deepening Calendars

3 · 30 h

IUC2111

Dealing-Licence and CFA Boundaries

Dealing-Licence and CFA Boundaries (IUC2111) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Dealing-Licence and CFA Boundaries as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2111-M1 · Audience, offer, and the evidence for both — Dealing-Licence and CFA Boundaries
IUC2111-M2 · Channel choice and what the channel cannot do — Dealing-Licence and CFA Boundaries
IUC2111-M3 · Message, proof, and a measure of response — Dealing-Licence and CFA Boundaries
IUC2111-M4 · Ethics of persuasion and claims that must not be made — Dealing-Licence and CFA Boundaries
IUC2111-M5 · A campaign or content decision with a budget line — Dealing-Licence and CFA Boundaries
IUC2111-M6 · A recommendation a client could act on — Dealing-Licence and CFA Boundaries

3 · 30 h

Module 4: Capstone

Code	Course	Credits · hours
IUC2113	Issuance Incident Files Issuance Incident Files (IUC2113) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Issuance Incident Files as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2113-M1 · Audience, offer, and the evidence for both — Issuance Incident Files IUC2113-M2 · Channel choice and what the channel cannot do — Issuance Incident Files IUC2113-M3 · Message, proof, and a measure of response — Issuance Incident Files IUC2113-M4 · Ethics of persuasion and claims that must not be made — Issuance Incident Files IUC2113-M5 · A campaign or content decision with a budget line — Issuance Incident Files IUC2113-M6 · A recommendation a client could act on — Issuance Incident Files	3 · 30 h
IUC2114	Research Methods for Islamic Markets Research Methods for Islamic Markets (IUC2114) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Research Methods for Islamic Markets as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2114-M1 · Audience, offer, and the evidence for both — Research Methods for Islamic Markets IUC2114-M2 · Channel choice and what the channel cannot do — Research Methods for Islamic Markets IUC2114-M3 · Message, proof, and a measure of response — Research Methods for Islamic Markets IUC2114-M4 · Ethics of persuasion and claims that must not be made — Research Methods for Islamic Markets IUC2114-M5 · A campaign or content decision with a budget line — Research Methods for Islamic Markets IUC2114-M6 · A recommendation a client could act on — Research Methods for Islamic Markets	3 · 30 h
IUC2115	Ethics of Roadshow Language Ethics of Roadshow Language (IUC2115) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Ethics of Roadshow Language as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone. IUC2115-M1 · Audience, offer, and the evidence for both — Ethics of Roadshow Language IUC2115-M2 · Channel choice and what the channel cannot do — Ethics of Roadshow Language IUC2115-M3 · Message, proof, and a measure of response — Ethics of Roadshow Language IUC2115-M4 · Ethics of persuasion and claims that must not be made — Ethics of Roadshow Language IUC2115-M5 · A campaign or content decision with a budget line — Ethics of Roadshow Language IUC2115-M6 · A recommendation a client could act on — Ethics of Roadshow Language	3 · 30 h

Code

Course

Credits · hours

IUC2113

Issuance Incident Files

Issuance Incident Files (IUC2113) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Issuance Incident Files as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2113-M1 · Audience, offer, and the evidence for both — Issuance Incident Files
IUC2113-M2 · Channel choice and what the channel cannot do — Issuance Incident Files
IUC2113-M3 · Message, proof, and a measure of response — Issuance Incident Files
IUC2113-M4 · Ethics of persuasion and claims that must not be made — Issuance Incident Files
IUC2113-M5 · A campaign or content decision with a budget line — Issuance Incident Files
IUC2113-M6 · A recommendation a client could act on — Issuance Incident Files

3 · 30 h

IUC2114

Research Methods for Islamic Markets

Research Methods for Islamic Markets (IUC2114) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Research Methods for Islamic Markets as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2114-M1 · Audience, offer, and the evidence for both — Research Methods for Islamic Markets
IUC2114-M2 · Channel choice and what the channel cannot do — Research Methods for Islamic Markets
IUC2114-M3 · Message, proof, and a measure of response — Research Methods for Islamic Markets
IUC2114-M4 · Ethics of persuasion and claims that must not be made — Research Methods for Islamic Markets
IUC2114-M5 · A campaign or content decision with a budget line — Research Methods for Islamic Markets
IUC2114-M6 · A recommendation a client could act on — Research Methods for Islamic Markets

3 · 30 h

IUC2115

Ethics of Roadshow Language

Ethics of Roadshow Language (IUC2115) is a 3-credit course on MSc Islamic Capital Markets, with 30 notional learning hours. By the end, students can justify a marketing decision with evidence rather than a slogan, using Ethics of Roadshow Language as the working context rather than a generic management example. The course is taught in three movements. First, students establish the terms and the decision the course is about. Second, they apply the method to a case, dataset, text, or design and compare it with a weaker alternative. Third, they revise the work after feedback and state what the conclusion cannot support. Preparation uses a brief, a channel note, and a measurement plan. Seminar time is for the decision, not for reading the materials aloud. Assessment is a campaign or content recommendation with audience, channel, and measure. A pass requires a clear method, evidence a marker can check, and an explicit limit. Credit is not awarded for summary alone.

IUC2115-M1 · Audience, offer, and the evidence for both — Ethics of Roadshow Language
IUC2115-M2 · Channel choice and what the channel cannot do — Ethics of Roadshow Language
IUC2115-M3 · Message, proof, and a measure of response — Ethics of Roadshow Language
IUC2115-M4 · Ethics of persuasion and claims that must not be made — Ethics of Roadshow Language
IUC2115-M5 · A campaign or content decision with a budget line — Ethics of Roadshow Language
IUC2115-M6 · A recommendation a client could act on — Ethics of Roadshow Language

3 · 30 h

Career Paths

Islamic capital markets analyst
Sukuk operations coordinator
Family-office Islamic investments officer
Disclosure and governance analyst
Bilingual markets reporting specialist

Programme Highlights

Tuition-free online
Not a dealing licence
GCC issuance files
EN+AR disclosure
Family office as client fact

Assessment

Modules are assessed through a published mix of coursework, applied projects, and examinations. Exam windows are announced in advance so students in other time zones are not forced into overnight sittings. Alternative arrangements are available where documented.

Admission requirements

Academic entry

Bachelor's degree from a recognised institution (minimum 2:2 / GPA 2.5/4.0 or equivalent national scale)
Identity document for remote identity-checked assessment enrolment
Preferred: capital markets, Islamic funds, or family-office investments; no licence awarded

English language

English and/or Arabic according to the track: IELTS 5.5 / TOEFL 46 or equivalent for English-medium study (waived for prior English-medium HE); Arabic-medium or bilingual tracks require evidence of academic Arabic (university study in Arabic, or an IUC Arabic placement). GCC applicants may submit attested documents per usual practice; attestation does not replace academic evaluation.

Documents

Statement of Purpose (500 words minimum) stating goals, professional context, and fit
Two academic or professional references with verifiable contact details
CV or résumé covering education and relevant work
Official transcripts (digital copies accepted at application; certified copies before award)

Programme questions

How long is the MSc Islamic Capital Markets?

The published duration is 4 Semesters (2 Years). Teaching language: English and Arabic (bilingual assessment; academic Arabic required for AR-medium tracks). Actual time-to-complete depends on mode and any recognised prior learning.

Can I study this from my country?

You may study this award fully online from your country, or — where published — on campus at IUC. Online study does not require a student visa. Campus study may.

What does it cost?

Degree tuition for this award is published as £0 / tuition-free on the online pathway. Examination or administrative fees may apply at checkout — never an annual tuition invoice. Check the Fees page for any extras.

What are the entry requirements?

Requirements are grouped on this page (academic, English, documents). Equivalent qualifications are considered. English may be waived after prior English-medium study.

How is the programme assessed?

Assessment is typically a mix of coursework, projects, and examinations. Doctoral awards include a thesis or dissertation and an oral examination. Details sit in the programme specification and module outlines.

Will this award be recognised where I live?

Recognition of the award for local employment, professional licence, or ministry attestation is decided by your employer or regulator. Imperial University in Cairo publishes verification pages for certificates. We do not claim automatic equivalence in every country.

How do I apply?

Start an application on this website. Progress is saved from the first step. Admissions: admissions@iucairo.co.uk.

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