Executive Diploma in Islamic Finance & Entrepreneurship

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The core taught units provide an in-depth academic, practical skills and applications in Islamic finance. The optional units enable students to develop in-depth knowledge and understanding in area of their interest. Students will also have an opportunity for an in-depth exploration of a specific issue relevant to Islamic finance in their project report where they need to demonstrate mastering of practical skills of Islamic finance and entrepreneurship.

Each unit draws on the practical experience of experts from the field to complement the theoretical components of the units offered. Guest lecturers share their experiences from the field to develop appreciation of Islamic finance and business in the real world.

Mentoring is an integral part of the programme. At the beginning of the programme, students will meet your mentor, who will provide one-to-one guidance for the duration of the programme.

Mentors are experienced academics and entrepreneurs with a wide range of expertise in many Islamic financial industries. Mentors are a point of consistency throughout the full duration of the programme.

The project report will be students’ most significant programme-specific endeavour to put their entrepreneurial knowledge into practice. This 6,000-7,000-word report requires a comprehensive analysis of a business opportunity; in most cases, this will be the student’s venture.

Course Level

This programme is approved and credit-rated by the Scottish Qualifications Authority (SQA). It is available on a full-time or part-time basis.

The programme comprises 120 credits at SCQF level 11.

Course Duration

The programme is delivered full-time (six-month period) comprising two semesters.

Part-time basis (one-year) and block delivery will also be available.

Entry Requirements


Academic requirements  An honours degree from a UK university, or equivalent.

In addition, professional experience will be also recognised for enrolment in the course.

Work experience Not required, however professional experience will be recognised for enrolment in the course


English language requirements

International applicants who require a Tier 4 visa to study in the UK will need to ensure that they have an IELTS test from a UKVI approved test centre.

Applicants would need to have achieved an average score of 6.5 in their IELTS test (with a minimum of 6.0 in each of the four sub-components of language learning (reading, writing, speaking and listening).

Full entry requirements can be found here

Programme Aims

The programme aims to provide a high-quality professional level study that comprises three inter-related elements:

  • The academic part of the programme aims to provide clarity of thought in a confusing Islamic finance world. The academic lectures offer the latest academic thinking and frameworks in Islamic economics, finance, commercial law, management and business ethics to help students to chart their own path. The blended learning environment combines face-to-face interactive teaching with incorporated video, text and small group work to provide the most useful and rigorous experience that still allows flexibility and real-time application.
  • The practical part of the programme aims to prepare students to apply the academic knowledge in real-time. Students will meet industry practitioners and learn about emerging entrepreneurial challenges in Islamic economics and finance that they are facing or have faced, and the solutions they found to overcome them. These interactions will help students to expand not just their industry-specific knowledge but also shape the way they approach their own venture challenges.
  • The community part of the programme is essential for entrepreneurs and it aims to build a vibrant network to allow them to discover new opportunities, raise their profile, increase the visibility of their business and create human centric impact. The purpose of Islamic economic developmentalism is to create functional individuals who are able to help themselves and their families and gradually expand ihsani society to wider stakeholders. To facilitate the process of quickly building a valuable network with a community, students will be brought into contact with alumni, industry experts of Islamic finance, interactive seminar trainers and mentors during the many events offered by the College.


The programme is comprised of compulsory and optional units.

Unit SCQF level Credits Compulsory/ optional Start date
Islamic Moral Economy and Finance 11 20 Compulsory September
Theoretical and Practical Entrepreneurship 11 20 Compulsory September
Research Skills and Project Report 11 20 Compulsory September
Raising Finance: Islamic Financial Models and Institutions 11 20 Optional January
Managing and Assessing Growth and Constraints in Small Businesses 11 20 Optional January
Islamic Management 11 20 Optional January
Sustainability and Ethics 11 20 Optional January


Teaching for all compulsory and optional units will be delivered through a blended model of face-to-face and digital teaching methods.


The Executive Diploma in Islamic Finance & Entrepreneurship is beneficial for those who are seeking to work and advance their professional careers in the Islamic financial industry or they are looking to start their own business based on value principles of Islamic moral economy. This programme provides a strong practical basis for Islamic economics, commercial law and Islamic financial instruments. Those completing the course will be able to seek employment opportunities in the finance and banking sectors including Islamic insurance, financial regulation, and the investment arena, as well as for becoming entrepreneurs.

Student Life

The College provides a conducive environment for its learners and staff in terms of facilities. More importantly, the College promotes multiculturalism as encapsulated in its vision and philosophy. The College is also situated near the city centre of Dundee close to the Universities of Dundee and Abertay as well as the Dundee College.

Tuition Fees