Frequently Asked
Questions

INCEIF is a university dedicated to developing talent and expertise in Islamic finance. It offers postgraduate programmes and aims to be a leader in Islamic finance education through excellent teaching and research. With strong support from regulators and industry players, INCEIF provides students valuable mentoring and professional development opportunities.

Graduates can pursue careers in banking, investment, financial planning, corporate finance, and more. Our alumni have secured positions in top financial institutions, multinational corporations, and government agencies.

Class sizes vary depending on the course and level of study, but typically, undergraduate classes have around 30-50 students, while postgraduate seminars may have 15-25 students, allowing for more personalised attention and interaction with academic staff.

We offer undergraduate and postgraduate programmes in finance, including Certificate, Master’s, and PhD programmes. Specialised courses in areas such as Sustainable Business, Science in Islamic Finance, and Islamic Finance Practice are also available.

Yes, we offer a variety of scholarships based on academic merit, financial need, and extracurricular involvement. Details on available scholarships and application procedures can be found on our university’s scholarship page.

Yes, students are encouraged to engage in research projects. There are opportunities to work with academic staff on ongoing research, and we offer support for students who wish to conduct independent research. This is particularly beneficial for those considering a career in academia or research-focused roles.

INCEIF University offers comprehensive career services, including career counselling, resume workshops, interview preparation, and job placement assistance. We also organise regular career fairs and networking events with industry professionals.

Yes, many of our programmes are conducted either online or face-to-face. Students and applicants are encouraged to choose the mode of study that best suits their livelihood.

Our students have access to state-of-the-art facilities, including computer labs with the latest financial software, a comprehensive library with financial journals and databases, and a trading room simulating a real-life trading environment.

INCEIF University offers on-campus housing and assists students in finding off-campus accommodation. On-campus options include single and shared rooms with essential amenities, while off-campus support includes listings of nearby apartments and homestays.

There are several dining facilities on campus, including cafeterias and food courts offering a variety of cuisines to cater to diverse dietary preferences. Additionally, there are several cafes and convenience stores for quick snacks and beverages.

Our students can join various clubs and societies, including finance and investment clubs, sports teams, cultural organisations, and volunteer groups. These activities provide opportunities for personal growth, networking, and relaxation.

INCEIF University has a dedicated health centre providing medical consultations, mental health counselling, and wellness programmes. Additionally, there are fitness facilities, including a gym and sports courts, to promote physical well-being.

INCEIF University is well-connected by public transportation, including buses and trains. Additionally, INCEIF University provides shuttle services to nearby accommodations and key locations in Kuala Lumpur.

1. Students are advised to plan their arrival on a working day, Mon-Fri between 9am-6pm (try to avoid weekend or public holidays). Kindly request from the Student Welfare Centre for special arrangements providing valid reasons.

The students are the priority of our pick-up service. Your relatives/friends who are accompanying you will be advised to take their own transportation if there is limited space. Taylor’s representative at the airport will be glad to advise on the public/private transportation mode available at the airport.

Your Student Pass approval is subject to your post arrival medical health check report. We will notify you via email or phone call should your report fail. Appealing of medical health check report is subject to the approval from the EMGS.

Note:

• You are NOT to arrange any travel arrangement during the endorsement process till you receive back your passport.
• You are responsible to perform the medical check-up and submit your passport within the stipulated time. If you don’t perform the tasks on time, it will cause insufficient time for EMGS to process your endorsement.
• Usually, the validity of the student pass is 12 months. However, the duration is subject to the discretion of Immigration Malaysia. You have to check the duration when you collect your passport.

Effective from 1 Oct 2014, all international students will receive an iKad (International Students Card) once your student pass has been endorsed. The iKad will contain your name, passport number, education institution you enrolled and duration of your student pass. You can use your iKad to travel within Peninsula Malaysia.

It is the responsibility of the student to monitor the expiry date of their Student Pass (Visa). Students are required to submit the renewal documents for Student Pass (Visa) extension four (4) months before the expiry / internship / school trip and etc. (whichever is earlier). The passport for endorsement has to be submitted two (2) months before expiry date/internship/school trip/etc. (whichever is earlier)

There will be a charge of RM190.00 imposed by EMGS for the annual Student Pass renewal which includes the Student Pass and Visa application fee (RM140) and iKAD (RM50).

The following documents are required for Student Pass and Visa Renewal Application:

• Two (2) clear sets of Full Passport Photocopy (All pages including blank pages and cover page) Passport must have a minimum eighteen (18) months validity).
• Two (2) passport size photos (with Blue background) 3.5cm wide x 5cm height.
• One (1) copy of the passport particular page and the latest Student Pass page (to be certified as a true copy and kept by students).
• Special Pass payment (RM300) if submission of renewal documents is done less than eight (8) weeks from expiry date.

The renewal endorsement may take approximately 6 – 8 weeks (from the date of your passport submission to EMGS). You should NOT make any travel arrangements during your endorsement process till your passport is returned to you with a valid Student Pass.

For your renewal of Student Pass to be approved, your attendance in class should not fall below 80% and you need to achieve a minimum of CGPA 2.00 as required by the Ministry of Education, Malaysia.

Note:

• Regular attendance is compulsory. The university is required by the Ministry of Education (MOE), Malaysia to report to the MOE, Police and Immigration if you are absent for 3 consecutive days without valid reason or prior permission from the university.

The Malaysia Immigration Department requires all international students to cancel their Student Pass and Visa when they have completed their studies, termination, deferred (if it is more than 3 months) or withdrawn from the University. Submission of original passport and copy of flight ticket departing 4 weeks later (e.g Submission of passport for cancellation is August 1 & date of departure is September 1) for cancellation of Student Pass (Visa) must be received by International Office four (4) weeks before travelling date.

Leaving without properly cancelling your student pass will result in the forfeiture of your Personal Bond deposit by Immigration Malaysia and can cause consequences if a student decides to apply to another institution within Malaysia.

• A student must abide by Malaysian law at all times
• A student has committed a case of misconduct when:
  • He is found guilty of criminal charges by court
  • He is involved in any jobs, trades or the like, on part-time basis, which are deemed illegal in the Immigration Ordinance 1959 and the Immigration Rules and Regulations 1963 or other laws or that which could affect his studies.
• A student is to abide by all the rules and regulations that are enforced by the institution
• A student must at all times respect the culture, norms and beliefs of the Malaysians.

The Shariah Mentorship Programme (SMP) is an initiative designed to develop a talent pipeline of skilled Shariah professionals who can contribute significantly to the growth, depth, and resilience of the ICM. The programme is organised by the Securities Commission Malaysia (SC) and run by ISRA Consulting of INCEIF University. It aims to nurture a future generation of Shariah experts in various areas relevant to ICM.

In total, the programme runs for eight months, where it spans a three-month period of intensive, interactive lectures, case study discussions, group assignments, and closed mentorship sessions, along with 5-months of industrial training at selected Islamic finance institutions. The three-month lectures are scheduled to take place on weekdays from 6.00pm until 9.30pm via an online and physical class on Saturday from 9.00am until 5.00pm.

No fees are required to apply for this programme. Participants will receive a monthly allowance of RM2,000.00 for a total of eight months programme.

The programme will take place at INCEIF University, Jalan Tun Ismail located in Kuala Lumpur.

Participants who do not successfully complete the programme will not be eligible to receive a certificate of completion. Additionally, participants are required to repay any allowances provided if they do not successfully complete the programme.

The application deadline for the second cohort is March 22nd, 2024.

Selected participants will receive notifications at least two (2) weeks prior to the programme’s commencement.

Yes. For the second cohort, the application is open to Malaysians and non-Malaysians who reside in Malaysia.

Yes, the programme includes a final assessment as part of the learning process to evaluate participants’ understanding and application of the concepts covered.

Yes, the programme welcomes working professionals to participate and enhance their expertise. While the programme is full-time, the selected participants can make their arrangements with the employers accordingly.

Yes, ISRA Consulting will provide necessary supporting documents related to the programme to help participants communicate the value and benefits of the mentorship programme to their employers.

It’s recommended that participants begin discussions with their employers as soon as they are selected for the programme. This will allow ample time to make the necessary arrangements and ensure a smooth transition.

In such cases, participants can explore alternative arrangements or consider participating in a future programme cohort when circumstances allow.

While the organisers may not provide individualised guidance, participants can reach out with general queries or requests for additional information related to the programme’s structure and benefits.

All participants will receive a participant kit, which includes course materials/programme books, a reference textbook, stationery, and merchandise. Participants who successfully complete the programme will be awarded a certificate of completion and will be recognised as SMP alumni.

We appreciate your interest in the application. To ensure a successful application process, we kindly ask candidates to provide their final results within the application form, as this is a requirement of our eligibility criteria. Thank you for considering this while applying.

Fresh graduates from recognised universities, academicians, or Shariah officers with experience in Islamic finance or the ICM.