Admission PhD in Islamic Finance and Economy | HBKU
PhD in Islamic Finance and Economy

PhD in Islamic Finance and Economy

Admission & Application Requirements

Applicants seeking admission to the PhD in Islamic Finance and Economy should have an MA, MBA, MS, LLM or equivalent degree from a recognized institution in any of the following areas: Islamic Finance, Islamic Economics, Finance, Economics, Accounting, Business Administration, Management, Engineering, Statistics, Mathematics, Shariah, or Law. Applicants should demonstrate strong evidence that they possess the qualities to become successful researchers and professionals. These include outstanding performance (minimum 3.0 GPA or equivalent) from a recognized institution in relevant coursework as well as a proven track record of high motivation and commitment to innovative and original research. Applicants with prior research and work experience in financial services and related fields are preferred.

Applicants are required to submit an IELTS score of 6.5 or a TOEFL score of 79  in order to demonstrate their proficiency in English. Applicants can be exempt from this requirement if they meet one of the conditions listed below: 

  • The applicant completed their studies at an institution in a country where English is the native language 
  • The applicant provides an official letter from the university where they completed their undergraduate studies confirming that they obtained their degree from an institution where the medium of instruction is English (if not otherwise exempt)
  • The applicant's first language is English

Applicants are required to submit a GRE or GMAT score at the time of application. 


Academic transcripts

Official electronic copies of transcripts and graduation statements should be submitted as part of the online application. Final transcripts are required for all previous university studies. All transcripts submitted should include an explanation of the grading system. Click here to see a sample grading scale. 

For those who have not completed their current studies, transcripts must include results from the last completed semester of coursework. Transcripts in languages other than English or Arabic must be accompanied with an official translation.

Applicants who are admitted to the program based on copies of or incomplete transcripts will be required to provide original transcripts upon enrollment in order to register for course

Upon review of the transcripts, the Office of Enrollment may request that applicants provide an equivalency letter from the Ministry of Education in Qatar.

Standardized test results

Official copies of standardized test results, where required must be sent directly to HBKU.  Please refer to the institutional codes below:

  • GRE: 7551
  • GMAT: H6S
  • TOEFL: 4981
  • IELTS: No code required. Students should ask the IELTS center where they tested to send the IELTS TRF to Hamad Bin Khalifa University

Applicants should also submit copies of their test scores with the online application

Letters of recommendation

Applicants should submit two letters of recommendation, one of which must be from an academic referee. The referees should email their recommendation letter from their professional email to: and mention the name of the applicant and program they are applying to in the subject line of the email.  

Letters which are not directly written for this program or which are incomplete will not be accepted.

Click here to download the recommendation form

Personal statement of interest

Applicants should submit a personal statement as part of the online application.

The statement should explain why they are applying and how their studies will contribute to the achievement of their personal objectives, including information about past achievements and challenges they have faced in their academic or professional life as well as identifying specific academic areas of interest within the field of Islamic Finance and Economy (minimum of 300 words, maximum of 500 words). 

Personal statements which are incomplete or below the minimum word count will not be accepted.


Resume/curriculum vitae

Applicants should submit a copy of their current resume or curriculum vitae as part of the online application. This should include the following information:

  • Academic qualifications
  • Professional experience
  • Publications
  • Research projects
  • Academic awards or honors
  • Conference presentations


Peer-reviewed research publications

While not a required part of the applicant, those who have published may choose to share their work with the admissions committee. Applications with peer-reviewed publications may submit those to:

Identification document

Applicants should submit an electronic copy of their passport as part of the online application. Nationals and residents of Qatar should also submit their Qatari ID.

  • Please do not submit any additional application materials which are not on the list of required items. Any additional materials received will be automatically discarded.
  • HBKU cannot return documents to the applicant once they are submitted.
  • All documents submitted through the online application must be in PDF format. Any documents submitted in a different format will not be accepted.


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