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PhD by Research

DCIEF has a large PhD community, with over 60 students from across the world.

A long tradition of research at the University underpins the Durham Centre for Islamic Economics and Finance (DCIEF), which offers postgraduate training to equip people with the necessary knowledge and skills to succeed in this dynamic and expanding sector.
A bustling corridor in the Business School

We offer specialised research degrees in most areas of Islamic economics, banking and finance. As part of the degree programme students normally attend a module on Islamic economics and Shari'ah compliant finance. There are also weekly Research Support Workshops.

Our Islamic Finance research degrees are recognised by the Saudi Ministry of Higher Education, the Central Bank of Bahrain and Bank Negara, the Central Bank of Malaysia.


The Islamic Finance programme and the Summer School places one in a highly advantageous position to enter the Islamic Finance Industry.

Ili Liyana Abu Bakar

Current PhD research areas

  • An Empirical Investigation of Operational Risk Management in Islamic Banks: An Integrated Approach
  • Performance Measurement and Profitability of Islamic Banks in Sudan
  • The Merits in Applying AAOIFI Accounting Standards in the Islamic Banking Sector in Saudi Arabia
  • A Study of the Investment Policies of Takaful Companies and the Factors Influencing their Investment Decisions
  • Modelling Risk Management for Islamic Financial Products in Malaysia
  • Comparative Analysis on Capital Adequacy and Risk-Taking Behaviour among Financial Institutions across Select Middle East Countries and Malaysia
  • Institutional Dimensions of Economic Stagnation in the Muslim World: An Islamic Political Economy Approach
  • Social Dimensions of Islamic Investment in Malaysia
  • Service Quality Measurement in Islamic Banks in the UAE
  • Measuring the Performance of Islamic Mutual Funds
  • Developing Sukuk Structure Beyond the Traditional Models: Overcoming Risk Implications
  • Religious Determinants of Economic Behaviour: The Case of Algerian Youth
  • Evaluating Islamic Home Financing in Malaysia
  • Islamic Home Financing in Kuwait
  • Islamic Corporate Social Governance and Ethical Investment in Turkey
  • Developing Financing for SME's in Saudi Arabia
  • Exploring the Potential for Islamic Finance in Libya
  • Evaluating the Demand for Islamic Mortgages in the UK