Tashkent State Economic University has entered into a Cooperation Agreement with INCEIF University, Malaysia, under which the University in Tashkent will promote Executive Masters in Islamic Finance Program (eMIF) in Uzbekistan. Distance learning in this intense program requires some initial background and fluency in English, therefore tutors from TSEU will provide required technical and academic support – the University will provide its infrastructure for classes and exams, will assist in creation of Project papers on adaptation of Islamic finance in Uzbekistan.


Established by Bank Negara Malaysia (Central Bank of Malaysia), INCEIF aims to develop a globally competitive Islamic finance leaders to spark innovation and advance the industry’s position. Through its specialized academic programs, customized executive education and applied industrial research, INCEIF’s vision is to lead the way in the realm of Islamic financial studies. It is the first and only university in the world solely dedicated to the knowledge, science and practice of Islamic finance.

INCEIF aims to be the knowledge leader in Islamic finance through providing excellent teaching, research and thought leadership. In achieving this vision, it is important for INCEIF to bridge both academia and industry. This is translated into its academic syllabus which is structured based on the inputs from industry players as well as having faculty members who are globally respected I both Islamic finance academia and Islamic finance industry. 

Today, there are 1,747 INCEIF alumni from over 72 countries around the world. Some are already making meaningful contributions to the advancement of Islamic finance at all levels be it product development, policy framework and implementation; regulation and enforcement; and innovation.

At INCEIF, our academic programmes is embedded with a unique teaching method which is the Action Based Learning (ABL). Generally, ABL is a method of learning by essentially working on real projects, issues and challenges in association with selected partner companies, using models taught in the classroom with the support of mentors, faculty experts and industry leaders.

Collaborating with international partners from multiple verticals around the world, INCEIF continues to create and support programmes that embody the Islamic finance core principles of socioeconomic empowerment and an equitable financial system

In alignment with this shared mission, INCEIF has contributed to socially beneficial policy changes by participating in initiatives that rely on Islamic Social Finance, Responsible and Sustainable Finance in the context of UN Sustainable Development Goals (SDGs) and Bank Negara Malaysia’s Value-based Intermediation (VBI) framework for the Islamic banking industry


INCEIF regularly conducts executive programmes and training to external organisations, both locally and internationally, in the area of Islamic Banking and Finance, Islamic Capital Market, and Shariah governance.

Malaysian Technical Cooperation Programme – MTCP
Chartered Institute of Islamic Finance Professionals
Bank Rakyat
YGOAL Philippines

World Class

INCEIF is the first Islamic finance university in the world to be accredited by AACSB (Association to Advance Collegiate Schools of Business), placing INCEIF among the top 5% of business schools, globally.

Faculty members have been appointed in various capacities in the industry

88% faculty members sit on either the Board of various companies, and/or Shariah Advisory Boards or Committees, and/or Editorial Boards of various Journals, including the following:

  • Chartered Institute of Islamic Finance Professionals (CIIF)
  • International Islamic Rating Agency, Bahrain
  • Islamic Business and Finance Fund of Russia
  • Institute of Business Administration (IBA)
  • Institute of Halal Investing, US
  • State Bank of Pakistan
  • Maybank Islamic Bhd Malaysia
  • Shariah and Islamic Banking Group Audit, Maybank
  • Maybank Islamic Bhd Malaysia
  • Halal Brand Hub
  • JSC Al Saqr Finance, Kazakhstan


Since 2015, INCEIF’s research has earned the university a position as one of the top five among Malaysian higher education institutions in the Research Papers in Economics (RePec) rankings. In Asia, INCEIF has consistently remained on the Top 100 RePec list.

Most Outstanding Islamic Finance Education and Research (Kuala Lumpur Islamic Finance Forum)

4-star rating based on INCEIF 2018 assessment (Submitted to MyRA for auditing)


SETARA 5 rating makes INCEIF one of Malaysia’s premier universities

Excellent 5-star rating in SETARA Sistem Penarafan Universiti dan Kolej Universiti (Malaysian Rating for University and University College Excellence)


INCEIF curriculum is centered on innovation and leadership within the industry, bridging the gap between academic theory and the practical industry operations.


The Executive Masters in Islamic Finance is a flexible, online programme, which allows you to study at your own pace from anywhere in the world, balancing your work and life commitments.


With alumni from over 70 countries, INCEIF enjoys an international presence in a wide range of fields.

Research Collaboration

INCEIF is able to provide its students and graduates with value added insights and perspectives, based on the output of their research programmes. The strategy taken by INCEIF is to foster close collaboration with various institutions of higher learning, Non-Governmental Agencies as well as financial institutions. The research initiatives undertaken by INCEIF covers both applied Research and Academic Research.