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Doctorate of Islamic Banking and the Influence of Religion

Islamic banking is essentially a religious-based financial system. After all, Islam is more than a popular religion in the Middle East. It is the religion that governs most of the countries in the region, including Afghanistan, Pakistan, United Arab Emirates, Qatar, and Saudi Arabia. Sharia law is a religious legal system that stems from Islam. It is what all citizens and businesses must follow. Anyone who violates Sharia law will be met with strict punishment.

For this reason, anyone wishing to seek employment in a Middle Eastern bank or financial institution needs to be prepared. You might already have a Master of Islamic Banking Degree and think you’re ready to pursue a career overseas. However, it would be in your best interest to continue your education by enrolling in the Doctorate of Islamic Banking program at American International Theism University. Then you can learn everything there is to know about Islamic Banking and more.

American International Theism University has a team of professors who have experience with Sharia law and working in Islamic banking institutions. They can educate you with their hands-on experience in the industry. Many of our professors are positioned throughout the world because we offer 100% online classes in our Doctorate of Islamic Banking program. That way, you have the opportunity to learn from a wide variety of professors with different backgrounds and experiences.

Overall, you will learn the importance of the Muslim religion in the banking industry of the Middle East. You will also learn which specific laws and restrictions are centered around Sharia law, such as the restriction on charging interest to borrowers. Bankers in the Middle East must follow a completely different business model compared to western bankers. So, if you’re from the west and you want a job in the Middle East, then you need to be able to call yourself a Doctor of Islamic Banking. Now you have the chance to do so.

Doctorate of Islamic Banking and Economic Growth

The Islamic banking system has expanded throughout the entire globe. International investors, business people and account holders have contributed to the rise of the Middle Eastern economy. In fact, the estimated value of all Islamic banking assets is around $3 trillion. With about 38 million accountholders at these banks, you can imagine how much business they get each day.

Do you want to help become part of the economic growth in the Middle East? If so, then you could get a Doctorate Degree in Islamic Banking and work at one of the many banks in the region. Then you could assist existing account holders and help people make new accounts at these banks. Both of which will only help add to the Middle Eastern economy even more.

You need to earn an accredited Doctorate Degree before an employer takes you seriously. At American International Theism University, you can earn an accredited Doctorate of Islamic Banking Degree in 12 months. You won’t find any other educational institution that offers such a comprehensive and fast-paced Doctorate program. Furthermore, it is a program that is taken entirely online, so you don’t even need to leave your home.

American International Theism University employs a diverse group of teachers who bring something different to each course that you take. Many of them have an Islamic Banking or Finance background, so they can answer your questions and guide you properly in the industry. They’ll make sure you know what to expect and how working for an Islamic bank can help you contribute to the growth of the regional and global economies.

You will have to take courses in Sharia and Islamic Jurisprudence, Advanced Islamic Economics, Islamic Insurance, Advanced Islamic Commercial Law, Culture Issues in Management and Islamic Risk Management. Once you understand the information taught in these courses, you will have the mental tools needed to contribute to the economic growth of the Middle East.

Doctorate of Islamic Banking and the Benefits of Working in this Industry 

It can be very rewarding to work in the Islamic banking industry. If you have a Doctorate of Islamic Banking Degree, then you’re pretty much guaranteed a high-paying job in this industry. So many Islamic banking institutions are looking for college graduates with six-year or eight-year degrees. And if English is your native language, that is even better.

There are several benefits to working in the Islamic banking industry. For starters, you get to help offer affordable financial services and products to businesses and individuals that need them desperately. You won’t have to charge anyone interest on their loans because Shariah law does not allow interest of any kind to be charged to people. That way, you can feel better about offering loans to people without feeling like you’re ripping them off with the interest payments.

Another benefit of working in the industry is encouraging regional, national and international economic growth. The Middle East is a popular region for tourism, travel, business and investments. If you can assist others with their banking needs, then you will essentially be helping the global economy as well. Since the Islamic banking industry continues to grow annually, then you’ll want to get started with your banking career as soon as possible.

Do you already possess a Master of Islamic Banking Degree? If you do, then you’ve already built a lot of credentials in this industry already. Why not spend another 12 months and become a Doctor of Islamic Banking? Then you can put yourself ahead of the other candidates who only have their Master’s Degrees.

All you need to do is fill out the application for the Doctorate of Islamic Banking program at the website of the American International Theism University. Once your previous credentials and education history has been reviewed, you’ll receive an answer on whether you’ve been accepted.