Master of Accounting and Shariah Audit (MASA)

  • The Islamic banking industry in Malaysia has emerged in the global banking system and continues to show strong growth for the past years. Demand for graduates able to conduct Shariah audit arose mainly to ensure that the activities and operations of an IFI are in adherence to Shariah thereby enhancing IFIs integrity.
  • Our latest offering, Master in Accounting and Shariah Audit is a ground breaking program and first in the world, aligned to cater to demands by Muslim governments and institutions that want ethical graduates able to audit companies and ensure that their operations are in accordance to Islamic jurisprudence and commercial law

Admission Requirement

Bachelor Degree with Honours and good grades with
CGPA = 2.75/4.00 and above from Universiti Sains Islam
Malaysia; OR

Suitable Bachelor degree with Honours and good grades;
or Jayyid; or CGPA = 2.75/4.00 and above; or CGPA =
3.50/5.00 and above; or 60% and above (transcript
should be examined) from other institutions of higher
learning recognized by the Senate; OR

Suitable Bachelor degree with Honours and good grades;
or Makbul; or CGPA = 2.50/4.00 and above; or CGPA
= 3.00/5.00 and above; or 50% and above AND with a
minimum of five (5) years working experience.

English Language Requirement

Foreign applicants whose native language is not English
are required to demonstrate their proficiency in English with a
IELTS>5.5 or TOEFL>550 excluding those who graduated
from an English University. Evidence of proficiency should
be attached to the application form.

Admission Procedure

Applicants can apply via online at
and fill in the prescribed forms. Forms and supporting
authenticated document must then be submitted through

Programme Structure

Foundation* 22 credits
Core Courses 16 credits
Functional & Integration 16 credits
Dissertation / Case Study 12 credits

*Foundation courses apply only to those who:

do NOT have any background knowledge about
Islamic business foundation AND/OR

do NOT possess knowledge in the field of
business and management
Grades are not included in overall CGPA

Foundation Courses

a. Islamic foundation courses:
• Fundamentals of Islamic Belief (Tauhid)
• Fundamentals of Islamic Law (Usul Fiqh)
• Rules of Islamic Business Transaction (Fiqh Muamalat)
• Statements of Principles in Islamic law (Qawaid Fiqhiyyah)

b. Business and Management foundation courses:

  • Islamic Business and Economic System
  • Money and Banking
  • Accounting for Managers
  • Halal Compliance Audit




 Core Courses

  1. Taxation and Zakat Planning
  2. Risk Management
  3. Accounting and Reporting of Islamic Financial
  4. Transaction
  5. Syariah Audit
  6. Information Technology System Based on Syariah

Functional and Integration Courses

  1. Business Ethics and Corporate Governance
  2. Strategic Management
  3. Research Methodology & Data Analysis

Project Paper
• Dissertation/ Case Study

Foundation Fees (RM)
• Tuition fees is RM100 per unit

Tuition Fees Structure (RM)


  • Tuition fees for local students (RM400 x 44 units)
  • Tuition fee for ASEAN students (RM450 x 44 units)
  • Tuition fee for OTHERS (RM500 x 44 units)
  • Recurring fees RM187 per semester (Local)
  • Recurring fees RM377.50 per semester (International)
  • Fees are due at the time of registration for
  • each semester

Teaching and Learning Approach
An integration of experiential and interactive
learning approach is used where case studies,
simulations and role-playing are heavily deployed.

Medium of Instruction
The language of interaction in class is English

Duration of Studies
Full time 4 – 7 semesters
Part Time 5 – 8 semesters





     Graduate School of Muamalat (GSM)
     Faculty of Economics and Muamalat,
     Universiti Sains Islam Malaysia (USIM)
     71800 Bandar Baru Nilai, N.Sembilan, Malaysia
     Tel : +606-797 8662/8663   Fax : +606-798 6302/6308  
     E-mail : This email address is being protected from spambots. You need JavaScript enabled to view it.
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