Analysis: Malaysia leads Islamic Economy business schools

DinarStandard and SalaamGateway have released their latest ranking, featuring the most eminent business schools offering top Islamic business and finance education. 

The Top 30 Business Schools in the Islamic Economy ranking evaluates business schools based on three key criteria: Curriculum (45%) - assessing the depth of Islamic business and finance programs;- Institutional Credibility (35%) - reflecting global academic standing and accreditation; and Ecosystem (20%) - measuring the strength of the surrounding Islamic economy environment and institutional partnerships.

Malaysia anchors global Islamic Economy education landscape
Malaysia dominates the ranking, hosting nine of the 30 listed institutions. The Kuala Lumpur-based International Centre for Education in Islamic Finance (INCEIF) leads the pack with 86 points, reflecting its specialization in Islamic finance education, strong ecosystem support and deep industry integration.

The UK-based Durham University Business School ranked second, with a score of 84.75, maintaining its reputation as a leading Western academic institution in Islamic finance research and education. Malaysia’s Universiti Malaya Faculty of Business and Economics ranked third with a score of 78.75, further reinforcing the country’s comprehensive and strong business programs related to the Islamic economy.