In this paper we have investigated the simultaneous effects of Bohm potential and electron spin on the low frequency magnetohydrodynamic (MHD) wave propagation in dense Fermi degenerate quantum plasma. The elementary ideal about quantum collision process in quantum plasma is also discussed. The quantum magnetohydrodynamic (QMHD) model is modified and a general dispersion relation is obtained using the plane wave approximation for the considered system. This dispersion relation is reduced for the parallel and perpendicular modes of propagations. We find that the quantum Bohm potential is coupled with the Alfven mode in perpendicular propagation but in the parallel mode of propagation the dispersion relation is unaffected due to the presence of magnetic field. From the curves we find that increase in Alfven velocity and sound velocity increases the frequency of the perturbations.