Master in Business in Muslim Countries

1. Doing Business in the Islamic Markets: Saudi Arabia, the United Arab Emirates, Pakistan, Iran, Nigeria, Kuwait, Indonesia, Tunisia, Turkey..;
2. Trade relations between the Muslim Countries;
3. Foreign trade and FDI flows in the Muslim Markets;
4. The largest Islamic Economic Organizations: Islamic Development Bank, League of Arab States, Gulf Cooperation Council, Economic Cooperation Organization;
5. Free Trade Agreements related to the Islamic Markets;
6. Economic Areas of the Islamic Civilization: Eurasian, Arab, African, Malay and Maghrebian;
7. Fundamentals of Islam and their relationship in the way of doing Business in Muslim Countries.

A Professional Master intended for all those wanting to specialize in the international business with the Islamic markets.

1. Open Online Enrolment;
2. Download the Admission Form;
3. Frequently Asked Questions (FAQ);
4. Download the syllabus of the Master (PDF).

The graduate students in this Professional Master can Enrol directly in the Doctorate in Islamic Business. Moreover, they only need to complete the research methodology module, Thesis, and other modules are not studied in this Master. In this case, the total amount of the doctorate will be € 2,000.

Language:

1. Also
   available in For improving the international communication skills, the student has free access to the learning materials in these languages (free multilingual training). The student can review the subjects in whatever language and use one of the four languages as a vehicular language of the campus and to complete the exercises. The student can do the exercises, thesis or communicate with professors in English, French, Spanish or Portuguese.
   Master en Affaires dans les Pays Musulmans Mestrado em negócios nos países muçulmanos Master en negocios en los países musulmanes.

The Master in Business in Muslim Countries consists of twelve modules:

1. Islam: Ethics and Business (PDF) (structure) (5 ECTS);
2. Economic Organizations and Integration Process related to the Islamic Markets (PDF) (7 ECTS);
3. Islamic Economic Areas (9 ECTS);
4. Doing Business in the Middle East (PDF) (structure) (15 ECTS);
5. Economic Institutions and Regional Integration Process related to the Asian Islamic Countries. Bangladesh and the Maldives (5 ECTS);
6. Doing Business in Central Eurasia (PDF) (structure) (14 ECTS);
7. Doing Business in the ASEAN Muslim Countries (PDF) (structure) (10 ECTS);
8. Economic Institutions and Regional Integration Process related to the African Islamic Countries (4 ECTS);
9. Doing Business in the Maghreb (PDF) (structure) (8 ECTS);
10. Doing Business in the East African Muslim Countries (18 ECTS);
11. Doing Business in Muslim Countries of West and Central Africa (20 ECTS);
12. Doing Business in Guyana and Suriname;
13. Thesis of the Master (10 ECTS).

ECTS = European Credit Transfer and Accumulation System.

Note: Although 172 million Muslims live in India (the third country in the world by the number of Muslims), it has not been included in this master because India is analyzed in other masters:

1. Master in Business in Asia;
2. Master in Business in BRICS Countries.

1. Muslim population: 1.6 billion people (23% of the world's population);
2. Only 15% of Muslim are Arabs (Middle East);
3. 62% of the world's Muslim population lives in Asia and 20% in the MENA region (Middle East and North Africa);
4. 172 million of Muslims live in India;
5. 40% of the African population is Muslim;
6. 300 million of Muslims live in countries where Islam is not the majority religion: China, India, Russia;
7. 44 million of Muslims live in Europe.

Module- Islam and Business.

1. Introduction to Islam. Prophet Muhammad;
2. The Five pillars of Islam;
3. Sunnis and Shiites;
4. Sharia;
5. Fiqh (Islamic Jurisprudence);
6. Principles of the Islamic Economics. Economic Impact of Zakat;
7. Role of the Islamic Banking;
8. The Ummah (Muslim Community) in Asia, Africa and Europe;
9. Human Rights in Islam;
10. How to negotiate with the Islamic Countries.

Sample:

Download the syllabus of the module: “Islam”

Why study “Islam, Ethics and Business”?.

Module- Economic Organizations and integration process related to the Islamic Markets

The main objective of the module “Islamic Economy and Organizations” is to provide an overview of the largest Islamic Organizations (League of Arab States, Economic and Social Commission for Western Asia, Islamic Development Bank, Organization of Islamic Cooperation...).

It also discusses other non-Islamic Organizations but related to the Islamic Countries (Indian Ocean Rim-Association for Regional Cooperation, Asia-Middle East Dialogue, Summit of South American-Arab Countries...).

1. Islamic Development Bank (البنك الإسلامي للتنمية);
2. Organization of Islamic Cooperation (منظمة التعاون الاسلامي)
   1. Affiliated bodies (Islamic Chamber of Commerce...);
   2. Trade Preferential System (TPS-OIC).
3. Economic and Social Commission for Western Asia (ESCWA) (الأمم المتحدة اللجنة الاقتصادية والاجتماعية لغربي آسيا);
4. Arab League [جامعة الدول العربية);
5. Greater Arab Free-Trade Area (GAFTA);
6. Afro-Arab Cooperation;
7. Free Trade Agreements (FTA) related to the Muslim Countries;
8. Agadir Agreement (Arab Mediterranean Free Trade Agreement).

Sample:

Download the syllabus of the subject: “Islamic Institutions (PDF).

International relations of the Muslim Countries:

1. Asia-Middle East Dialogue (AMED) (آسيا - الشرق الأوسط حوار);
2. Africa-Asia Strategic Partnership;
3. Summit of South American-Arab Countries (ASPA) (قمة للدول العربية الأمريكية الجنوبية);
4. Indian-Ocean Rim Association (IORA);
5. European Union:
   1. Generalized System of Preferences;
   2. Euro-Mediterranean Partnership.
6. Africa-India Cooperation;
7. Africa-BRICS (Brazil, Russia, India, China, and South Africa) Cooperation;
8. ...

New Silk Road.

1. Almaty-Bishkek Economic Corridor;
2. Bangladesh-China-India-Myanmar Economic Corridor;
3. China-Pakistan Economic Corridor;
4. China-Central Asia-West Asia Economic Corridor;
5. India-Chabahar (Iran)-Afghanistan Economic Corridor;
6. Transport Corridor Europe-Caucasus-Asia (TRACECA);
7. International Transport and Transit Corridor of the Ashgabat Agreement;
8. International North-South Transport Corridor (India-Russia);
9. Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey Transport Corridor (Lapis Lazuli);
10. Trans-Caspian Trade and Transit Corridor (Central Corridor);
11. Kyrgyzstan-Tajikistan-Afghanistan-Iran Transport Corridor (KTAI-ECO);
12. Islamabad-Tehran-Istanbul Rail and Road Corridor (ITI-ECO).

Module- Islamic Economic Areas.

1. Islam: the unifying factor of the Ummah (Islamic Civilization);
2. Economic Areas of the Islamic Civilization
   1. Arab Economic Area (PDF);
   2. Maghrebian Economic Area (PDF);
   3. West African Economic Area (PDF);
   4. East African Economic Area (PDF);
   5. Central Eurasian Economic Area (PDF);
   6. Malay Economic Area (ASEAN).
3. Economic integration process between the countries of the Islamic Civilization;
4. Interactions of the Islamic Civilization with the other civilizations (Western, Hindu, Buddhist, African...).

Module- Doing Business in the Middle East.

1- Cooperation Council for the Arab States of the Gulf (GCC).

2- GCC member countries:

1. Saudi Arabia;
2. The United Arab Emirates;
3. Bahrain;
4. Oman;
5. Qatar;
6. Kuwait.

3- Other countries in the region not members of the Gulf Cooperation Council.

1. Yemen;
2. Lebanon;
3. Jordan;
4. Syria.

4- Arab Women: Lubna Al Qasimi, Reem Al-Hashimi, Rustamani, Maskari, Olayan, Sindi, Bahar, Ghunaim, Kuwari, Ayoubi, Bdeir...

Arab businessmen: Prince Bin Talal, Mohamed Al Jaber, Bukhamseen, Kharafi, Kanoo, Ghurair, Futtaim, Barwani, Abdalla...

5- Arab Development Funds.

1. Introduction to the Arab Official Development Assistance;
2. Main Arab development funds: Arab Monetary Fund, Saudi Fund, Arab Fund for Economic Development, Arab Trade Finance, Abu Dhabi Fund, Arab Gulf Program, Kuwaiti Fund;
3. Arab Bank for Economic Development in Africa (BADEA).

6- Eastern Catholic Churches (Maronites, Chaldeans).

Sample:

Download the syllabus of the module “Business in the Middle East” (PDF).

Module- Economic Institutions and regional integration process related to the Asian Islamic Countries. Bangladesh and the Maldives.

1. Bangladesh;
2. Maldives;
3. Asian Development Bank (ADB);
4. Colombo Plan;
5. Boao Forum for Asia;
6. Asia Cooperation Dialogue (ACD);
7. Economic and Social Commission for Asia and the Pacific (ESCAP);
8. South Asian Association for Regional Cooperation (SAARC);
9. South Asia Subregional Economic Cooperation (SASEC);
10. Asian Clearing Union (ACU);
11. Bay of Bengal Initiative (BIMSTEC);
12. Forum for East Asia-Latin America Cooperation (FEALAC);
13. ...

Sample:

Download the syllabus of the module: “Asian Institutions” (PDF).

The main objective of the module “Business in the Asian Muslim Countries” is to provide an overview of the Asian Islamic markets and the business opportunities in these markets.

1. To learn to do business in the Asian Islamic Markets (Brunei Darussalam, Bangladesh, Indonesia, Iran, India, Malaysia, Pakistan);
2. To analyze the foreign direct investment flows and international trade;
3. To know the Free Trade Agreements in the region;
4. To know the regional Organizations related to the Asian Islamic Countries.

Module - Business in Central Eurasia.

1- The two largest Central Asian economies:

1. Pakistan;
2. Iran.

2- Central Asian Countries:

1. Azerbaijan;
2. Uzbekistan;
3. Kazakhstan;
4. Kyrgyz Republic;
5. Turkmenistan;
6. Tajikistan.

3- The case of Turkey.

4- Central Eurasian Economic Organizations:

1. Shanghai Cooperation Organization (SCO);
2. Commonwealth of Independent States (CIS);
3. Economic Cooperation Organization (ECO);
4. Cooperation Council of Turkic Speaking States;
5. Eurasian Economic Union (EAEU);
6. Central Asia Regional Economic Cooperation (CAREC).

Sample:

Download the syllabus “Doing Business in Central Eurasia” (PDF).

Module- Business in the ASEAN Muslim Countries

1- Association of Southeast Asian Nations (ASEAN).

1. ASEAN Free-Trade Area (AFTA);
2. ASEAN Economic Community;
3. ...

Sample:

2- The three ASEAN Muslim Countries (representing 42% of the total ASEAN population).

1. Indonesia;
2. Brunei Darussalam;
3. Malaysia.

3- Asia-Pacific Economic Cooperation (APEC) and the ASEAN Muslim Countries. Transpacific Strategic Agreement.

Download the syllabus “ASEAN Markets” (PDF).

Module- Economic Institutions and regional integration process related to the African Islamic Countries

In Africa, there are four key business-related institutions related to the African Countries with Muslim majorities:

1. African Union (AU)
   1. African Union Development Agency (AUDA-NEPAD).
2. African Development Bank (AfDB);
3. Economic Commission for Africa (ECA).

Download the syllabus of the module: “African Institutions(PDF).

Sample:

The main objective of the module Doing Business in the African Muslim Countries is to provide an overview of the Islamic African Markets and the business opportunities in these markets.

1. To learn to do business in the Islamic African Markets (Egypt, Nigeria, Sudan, Morocco, Djibouti, Algeria, Mali...);
2. To analyze the foreign trade and FDI in the main investment sectors;
3. To know the Free Trade Agreements in the region;
4. To know the regional Organizations related to the Islamic African Countries.

Module - Business in the Maghreb.

1- Introduction to the Maghreb

2- Arab Maghreb Union (AMU).

3- Maghrebian Countries:

1. Algeria;
2. Libya;
3. Morocco;
4. Mauritania;
5. Tunisia;
6. Maghrebian Businesspeople.

4- Logistics in the Maghreb

Sample:

Download the syllabus of the module “Business in the Maghreb” (PDF).

Module- Business in the East African Muslim Countries

1- East African countries with Muslim majorities:

1. Egypt;
2. Sudan;
3. Kenya;
4. Tanzania;
5. Mozambique;
6. Djibouti;
7. Comoros;
8. Eritrea;
9. Somalia.

2- Organizations related to the countries with Islamic majorities in East Africa.

1. Common Market for Eastern and Southern Africa (COMESA);
2. COMESA-EAC-SADC Tripartite Agreement;
3. Intergovernmental Authority on Development (IGAD);
4. Nile Basin Initiative (NBI).

3- Logistics in East Africa.

Sample:

Download the syllabus of the module: “East Africa” (PDF).

Module- Business in Muslim Countries of West and Central Africa

Fifty percent of the West African population is Muslim.

1- West and Central African Countries with Muslim majorities.

1. Nigeria (50% of the Nigerian population, 85 million Nigerians are Muslims);
2. Burkina Faso;
3. Chad;
4. The Gambia;
5. Guinea-Bissau;
6. Guinea;
7. Mali;
8. Niger;
9. Senegal;
10. Sierra Leone.

Sample:

2- Organizations related to the countries with Islamic majorities in West and Central Africa.

1. West African Economic and Monetary Union (WAEMU/UEMOA);
2. Economic Community of West African States (ECOWAS);
3. West African Monetary Zone (WAMZ);
4. Niger Basin Authority (NBA);
5. Organization for the Development of the Senegal River;
6. Mano River Union (MRU);
7. Economic Community of Central African States (ECCAS);
8. Community of Sahel-Saharan States (CEN-SAD);
9. Organization for the Harmonization of Business Law in Africa (OHADA).

4- Logistics in West Africa.

Download the syllabus of the module: “Business in West Africa”(PDF).

The student has to pass the online continuous assessment exercises for each subject as well as the final online Master's Thesis. If the professor considers that the minimum level has not been reached, he will guide the student to improve the quality of his exercises or thesis and send them back.

The most important thing for EENI is that the student correctly learns the Master's subjects and objectives.

Once all the exercises and thesis have been approved, the student obtains the “Diploma of Professional Master of Science (MSc) in International Business (MIB) specialization in Muslim Countries” issued by EENI Global Business School (Spain, European Union).

In this case, it will be necessary to send us by mail (not valid by email) a certified photocopy of your diploma of Bachelor's Degree. This is necessary for the issuance of your diploma and not to enroll.

Those students, who are not in possession of a Bachelor's Degree, may Enrol but will receive the “Advanced Certificate Program in Business in Muslim Countries.”

Content Adaptation of the Master in Business in Muslim Countries.

The contents of the master are adapted to several countries and regions (Europe, Africa, America, and the Middle East). The adaptation to each country/region is based on the inclusion in the master of the Free Trade Agreements of each country/region and with the regional economic institutions of the country.

(c) EENI Global Business School (1995-2022)
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