Overview
The Malaysia University of Science & Technology (MUST), in collaboration with AWQAF AFRICA and the World Zakat & Waqf Forum (WZWF), offers a unique Modular MBA with Concentration in Waqf Management delivered via Open & Distance Learning (ODL).
This program blends advanced business education with Islamic social finance, equipping learners to lead in corporate, waqf, zakat, and social impact sectors. Through coursework, case studies, consulting projects, and global networking, students gain the skills to excel in both corporate leadership and Islamic philanthropy.
🎯 Program Highlights
Duration: 12–24 months (3 flexible semesters)
Mode: 100% Online (ODL)
Structure: 6 modules × 10 weeks each
Learning Flow: Online lectures → group work → revision → final exams
📚 Curriculum
Core MBA Courses (10)
Marketing Management
Managerial Economics
Strategic HRM & Organizational Behavior
Managerial Accounting & Decision Making
Management Information Systems & Innovation
Statistical Research Method
Akhlaq and Business Ethics
Financial Management
Strategic Management
Operations Management / Business Law & Managerial Ethics
Waqf Specialization Cluster
Waqf Foundations
Waqf Law & Governance
Waqf Innovation & Development
Strategic Waqf Impact
Capstone Project (Applied Waqf Management)
Examples:
National Waqf Digital Transformation Plan
Waqf & UNSDG Impact Assessment
Family Waqf Governance Blueprint
🎓 Award
MBA with Concentration in Waqf Management
Issued by Malaysia University of Science & Technology (MUST)
Endorsed & co-branded by AWQAF AFRICA & WZWF
📌 Entry Requirements
Bachelor’s degree (any field)
Diploma holders via APEL (Accreditation of Prior Experiential Learning)
Minimum 2 years professional or entrepreneurial experience (preferred)
English proficiency
🚀 Career Pathways
Graduates can pursue leadership roles such as:
Waqf & Zakat Institution Manager
Strategic Waqf Consultant / Islamic Social Finance Advisor
Management Consultant
Financial / Investment Analyst (Islamic focus)
Marketing & Digital Waqf Specialist
HR Manager / Organizational Leader
Business Development / Corporate Consultant
Entrepreneur (Waqf-based enterprises)
🏆 Learning Outcomes
By the end of the program, graduates will:
Master business and waqf management concepts.
Solve complex challenges with Shariah-compliant solutions.
Lead ethically in alignment with Maqasid al-Shariah.
Apply digital skills in research, finance, and waqf systems.
Communicate effectively across diverse contexts.
Develop waqf-based entrepreneurial models for social and economic impact.
💰 Program Fee
Total Cost: USD 8,000 (≈ MYR 36,800)
Payment Plan: 3 semesters × USD 2,500
🌟 Why Choose This MBA?
✅ First MBA with a dedicated Waqf specialization
✅ Flexible entry – diploma holders accepted via APEL
✅ Executive-friendly modular online format
✅ Global recognition (MUST + AWQAF AFRICA + WZWF)
✅ Dual expertise: corporate leadership + Islamic social finance