Overview

The University of Dundee aims to undertake world-class research in Islamic political and moral economy, finance and banking. All research projects will be inspired both theoretically and methodologically by humanities and social sciences subject areas, including political and moral economy, economics, development, philanthropy, and Islamic commercial law.

Areas of research

While research in Islamic Finance has expanded quickly, general research in Islamic economics, which began in the 1970s and 1980s, has grown more slowly.
The areas of research that we focus on include all broad areas of Islamic economics and finance (for example, Islamic political/moral economy, Islamic banking and finance, Islamic insurance, Islamic capital markets, Islamic commercial law) by developing the theoretical, empirical and law-oriented studies in these areas.

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Programme Structure

Research areas include:

Islamic economics
formation of Islamic political economy
formulating Islamic moral economy
the theory of maqāsid al Shari’ahand its implications for Islamic economic theory
the development of Shariah based products
Islamic banking and finance and sustainable development
Islamic moral economy and the performance of Islamic banking and finance
Islamic capital markets (sukuk markets)

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Key information

Duration

Full-time
- 36 months

Start dates & application deadlines

Starting 2026-05-11 00:00:00

Application deadline not specified.
Starting 2026-09-21 00:00:00

Application deadline not specified.
Starting 2027-01-19 00:00:00

Application deadline not specified.

More details

You can apply for a PhD or other postgraduate research degree using our Direct Application System.We have three start dates per academic year.

Language

English

TOEFL^® IBT

87

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IELTS

6.5

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Delivered

On Campus

Campus Location

Dundee, United Kingdom

Disciplines

Finance Islamic Studies View 47 other PhDs in Finance in United Kingdom

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Academic requirements

GPA

Upper Second Class

English requirements

TOEFL^® IBT

87

Schedule TOEFL®

IELTS

6.5

Prepare for Your English Test

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AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Entry requirements:

You should have an honours degree at 2.1 or above, and/or a Masters degree in a relevant discipline.

Once you have chosen a topic, you will need to contact the project supervisor before you submit your application.

Email the supervisor you would like to work with
Send a copy of your CV with qualifications and research experience
Discuss your potential application and any practicalities (e.g. suitable start date).

Make sure you meet all requirements

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Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

21940 GBP / year

≈ 21940 GBP / year
Domestic Applies to you

Applies to you

Citizens or residents

5006 GBP / year

≈ 5006 GBP / year

Living costs

Dundee

United Kingdom

787 - 1494 GBP / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check for any work restrictions

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Scholarships Information

Below you will find PhD's scholarship opportunities for Islamic Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Areas of research

Get more details

Programme Structure

Check out the full curriculum

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Delivered

Campus Location

Disciplines

Explore more key information

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Make sure you meet all requirements

Tuition Fees

International Applies to you

Domestic Applies to you

Living costs

Dundee

Funding

Check for any work restrictions

Scholarships Information

Available Scholarships

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