Study Fee: Click here to view the t(/study-fee)uition and subscription options.(/study-fee)(/study-fee) Monthly study plans start from €499 per month, depending on the program and level of academic support selected.

Study Method: This program is delivered 100% online, allowing students to study from anywhere in the world with flexible scheduling. Students may also have the option to attend the graduation ceremony in Switzerland, subject to visa approval and travel regulations.

Study Language: The program is delivered in English. Students are expected to have sufficient English language proficiency to complete the coursework and academic requirements.

Applications can be submitted online through our admission portal.(/apply)(/apply) Applicants may also contact or visit our offices in different regions, including: • Europe: Switzerland • GCC: Dubai (UAE) • Asia: Bishkek Our admissions team will guide you through the application and enrollment process.

Programs are offered through a flexible monthly subscription system, allowing students to progress at their own pace while maintaining access to academic resources and support services.

This program has a minimum study period depending on the academic level and program structure. Students may complete the program at their own pace while maintaining an active monthly subscription.

Admission Requirements

Applicants should meet the academic entry requirements for the respective program level. Typical requirements may include: • A previous academic qualification relevant to the program level • A copy of passport or national ID • Curriculum Vitae (CV) or resume • Completed online application form Additional documents may be requested depending on the program and the institution delivering the program.

Certification / Degree Awarded

Upon successful completion of all academic requirements, students will receive the corresponding certificate or academic degree issued by the responsible institution within the VBNN Smart Education Group network.

Master in Islamic Economics and Finance

Feb 19
2 min read

This Master study program is a specialized, 100% research-based academic pathway designed for professionals and graduates who wish to deepen their expertise in Islamic Economics and Finance within a global context. The program is academically structured at a level equal to EQF Level 7, corresponding to the second European cycle, and carries an academic workload equal to 60 ECTS.

The program focuses on advanced theoretical foundations, applied financial analysis, and independent research in areas such as Islamic banking systems, Shariah-compliant financial instruments, risk management, ethical investment models, sustainable development frameworks, and comparative economic systems. It prepares participants to critically examine contemporary financial markets while aligning economic practices with Islamic ethical and legal principles.

The academic structure includes five modules:

Two research-related modules focusing on research methodology, academic writing, data analysis, and applied economic investigation.
Two general modules designed to strengthen advanced analytical thinking, global economic understanding, and interdisciplinary perspectives.
One specialized module dedicated specifically to Islamic Economics & Finance, addressing core concepts such as Sukuk, Takaful, Islamic banking operations, governance, and financial innovation.

The program culminates in a comprehensive thesis and structured research activities, allowing participants to demonstrate advanced academic competence, independent analysis, and original contribution to the field.

With a minimum duration of 12+ months, participants benefit from flexibility to extend their study period according to professional and personal commitments. This format makes the program particularly suitable for working professionals, financial consultants, bankers, policymakers, researchers, and entrepreneurs seeking deeper academic engagement in Islamic financial systems.

By integrating ethical finance, global economic trends, and research excellence, this Master study program contributes to the development of specialists capable of addressing modern financial challenges through principled, sustainable, and socially responsible frameworks.