Online Master in Business in Muslim Countries

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Professional Master in Business in Muslim Countries (e-learning, , 60 / 120 ECTS)

The Professional Master of Science (MSc) in Business in Muslim Countries (Online, English) taught by EENI Global Business School is designed to offer a global and practical vision on the Asian, African, the Middle East, and European Muslim markets (1.57 billion people, 23% of the world's population):

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 Organisations: Islamic Development Bank, League of Arab States, Gulf Cooperation Council, Economic Cooperation Organisation
5. Free Trade Agreements related to the Islamic Markets
6. Economic Areas of the Islamic Civilisation: Eurasian, Arab, African, Malay and Maghrebian
7. Fundamentals of Islam and their relationship in the way of doing Business in Muslim Countries.

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Paths, Diploma and Tuition Fees of the Master

The Professional Master of Science (MSc) in Business in Muslim Countries allows the student to select three paths of different duration, content, tuition fees, and diploma issued in order to fit the Professional Master to the student needs and schedule.

1. Credits, Fees and Duration:  (17 € / ECTS)
   1. Master 1: 60 ECTS (1 year) / € 1,000 Euros
   2. Master 2: 120 ECTS (2 years) / € 2,000 Euros
   3. Customised Master
   4. Financing
   5. ECTS: (European Credit Transfer and Accumulation System)
2. It is recommended to dedicate about twelve hours of study per week following a flexible schedule
1. It is possible to reduce the duration of the Master dedicating more hours a week
3. Modality: online (distance education / e-Learning)
4. The Student can begin the Master at any time (Online Enrolment) and study from anywhere in the world without any displacement
5. Download the Admission Form
6. Frequently Asked Questions (FAQ)
7. Download the syllabus of the Master (PDF)

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

A Master in Business in Muslim Countries that fits your schedule and helps you to get better employment.

Language of the Master:

1. Also, available in Master en Affaires dans les Pays Musulmans Mestrado EAD em negócios nos países muçulmanos Master en negocios en los países musulmanes
2. For improving the international communication skills, the student has free access to the learning materials in these languages (free multilingual training).
3. 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
4. The student can do the exercises, thesis or communicate with professors in English, French, Spanish or Portuguese.

Modules of the Master

The Professional Master of Science (MSc) in Business in Muslim Countries taught by EENI consists of twelve modules:

1. Islam: Ethics and Business (PDF) (structure) (5 ECTS)
2. Economic Organisations 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 Professional Master in Business in Muslim Countries (10 ECTS)

ECTS = European Credit Transfer and Accumulation System.

Distribution of the Master by semesters and subjects

The graduate students in this Professional Master of Science (MSc) in Business in Muslim Countries taught by EENI 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.

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 analysed in other masters:

1. Master of Science in Business in Asia
2. Master of Science in Business in BRICS Countries

EENI delivers to HRH Prince Alwaleed bin Talal a Master Honoris Causa.

Muslim Markets:

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

Analysed Markets in the Master in Business in Muslim Countries:

Modules and Subjects of the Master in Business in Muslim Countries

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

Download the syllabus of the module: “Islam”

Why study “Islam, Ethics and Business”?

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

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

It also discusses other non-Islamic Organisations 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. Organisation 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)

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. Generalised 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 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 - Economic Areas of the Islamic Civilisation

1. Islam: the unifying factor of the Ummah (Islamic Civilisation)
2. Economic Areas of the Islamic Civilisation
   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 Civilisation
4. Interactions of the Islamic Civilisation with the other civilisations (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)

7- Introduction to Arabic language

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. Economic and Social Commission for Asia and the Pacific (ESCAP)
5. South Asian Association for Regional Cooperation (SAARC)
6. South Asia Subregional Economic Cooperation (SASEC)
7. Asian Clearing Union (ACU)
8. Bay of Bengal Initiative (BIMSTEC)
9. Boao Forum for Asia
10. Asia Cooperation Dialogue (ACD)
11. Forum for East Asia-Latin America Cooperation (FEALAC)
12. ...

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 analyse the foreign direct investment flows and international trade
3. To know the Free Trade Agreements in the region
4. To know the regional organisations 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 Organisations

1. Shanghai Cooperation Organisation (SCO)
2. Commonwealth of Independent States (CIS)
3. Economic Cooperation Organisation (ECO)
4. Eurasian Economic Community (EurAsEC)
5. Cooperation Council of Turkic Speaking States
6. Eurasian Economic Union (EAEU)
7. Central Asia Regional Economic Cooperation (CAREC)
8. Almaty-Bishkek Economic Corridor
9. Eurasian Land Transport Initiative (Silk Road)

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. TASEAN Economic Community
3. ...

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)

Video Doing Business in Southeast Asia

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

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

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 analyse 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 organisations related to the Islamic African Countries

Video - Business in Africa - Professor Paterson Ngatchou.

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

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- Organisations 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

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

2- Organisations 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. Organisation 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. Organisation for the Harmonisation of Business Law in Africa (OHADA)

4- Logistics in West Africa

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

Module - American Muslim Markets

The Case of Guyana and Suriname (members of the CARICOM)

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