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BS Islamic Banking & Finance

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BS Islamic Banking & Finance

Introduction

The Bachelor of Science (BS) in Islamic Banking & Finance degree program offers a comprehensive understanding of financial principles grounded in Islamic ethics and jurisprudence. With a focus on Sharia-compliant financial practices, this program equips students with the knowledge and skills necessary to navigate the dynamic landscape of Islamic finance. From foundational principles of Islamic law to practical applications in banking, investment, and risk management, students gain a deep understanding of how Islamic finance operates within the global economy.

Through a blend of theoretical coursework and practical training, graduates emerge ready to contribute to the rapidly growing field of Islamic banking and finance, serving both local and international markets while adhering to ethical principles deeply rooted in Islamic teachings.

Objectives

The primary objective of the BS Islamic Banking & Finance degree program is to provide students with a comprehensive understanding of the principles, concepts, and practices of Islamic finance within a global context. Specifically, the program aims to:
 
  • Equip students with a solid foundation in Islamic law (Sharia) as it pertains to financial transactions, ensuring they understand the ethical and legal frameworks governing Islamic finance.
  • Provide students with a thorough understanding of the principles and instruments of Islamic banking and finance, including modes of financing and Sukuk.
  • Develop students' analytical and critical thinking skills to evaluate financial products and services from an Islamic perspective, emphasizing ethical considerations and risk management principles.
  • Foster an understanding of the role of Islamic finance in promoting economic development, financial inclusion, and social justice, both locally and globally.
  • Prepare students for careers in various sectors of Islamic banking and finance, including banking institutions, investment firms, regulatory bodies, and consultancy services.

Career Path

  • Graduates of the BS Islamic Banking & Finance program have a wide range of career opportunities available to them across various sectors of the financial industry. Some potential career paths include:
  • Islamic Banker
  • Investment Analyst
  • Financial Advisor
  • Risk Manager
  • Compliance Officer
  • Consultant
  • Regulatory Specialist
  • Academia and Research

Fee Structure BS Islamic Banking & Finance

BS Islamic Banking & Finance
Duration 4
Total Semester 8
Total Package 599,000
At Admission Time 28,500
Additional Charges at the time of Admission 2,700
Examination Fee 3,500
Total Amount (At Admission) 31,200
Installment 35875 * 16
Additional Charges at the time of Admission
Web Portal fee per year for Learning Management Syste 0
Library Security Fee (Refundable) 2,000
Student Card 200
Library & Magazine Fund 500
Total Additional Charges 2,700
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Scheme of Study

Semester 1

Sr.# Course Code Course Name Credit Hours
1 ENG 100 English I (Functional English) 3
2 EFN 100 Financial Accounting I 3
3 ISL 101 Islamic Studies 2
4 CS 102 Introduction to Computer 3
5 ECON 102 Principles of Microeconomics 3
6 MATHS 301 Mathematics I (Algebra) 3
7 Life-1 Life and Learning I 1
8 IBF 303 Islamic Financial Transactions 3

Semester 2

Sr.# Course Code Course Name Credit Hours
1 ENG 200 English II 3
2 EFN 200 Financial Accounting II 3
3 PAK 201 Pakistan Studies 2
4 ECON 203 Principle of Macroeconomics 3
5 MC- 704 Banks Management 3
6 IBF 204 Introduction to Islamic Financial System 3
7 Life-1 Life and Learning I 1
8 IBF 303 Islamic Financial Transactions 3

Semester 3

Sr.# Course Code Course Name Credit Hours
1 ENG 300 English III (Technical Writing & Communication Skill) 3
2 MATHS 104 Mathematics II (Calculus) 3
3 ECON 302 Intermediate Microeconomics 3
4 ECON 304 Statistics I 3
5 IBF 303 Islamic Financial Transactions 3
6 IBF 305 Usul Al Fiqh I 3
7 PAK 201 Pakistan Studies 2
8 ISL 101 Islamic Studies 2

Semester 4

Sr.# Course Code Course Name Credit Hours
1 ECON 402 Intermediate Macroeconomics 3
2 ECON 403 Statistics II 3
3 IBF 404 Usul Al Fiqh II 3
4 IBF 405 Principles of Auditing in Islamic Financial Institutions 3
5 IBF 406 Islamic Marketing 3
6 IBF 407 Introduction to Takaful: Theory & Practice 3

Semester 5

Sr.# Course Code Course Name Credit Hours
1 ECON 503 Mathematical Economics I 3
2 IBF 504 Fiqh Ul Muamalat I 3
3 IBF 505 Commercial Law and Legal Documentation for Islamic Financial Services 3
4 IBF 506 Econometrics I 3
5 IBF 507 Product Structuring for Islamic Financial Institutions 3
6 BSA 504 Financial Management 3
7 Life-2 Life and Learning II 3
8 Life-1 Life and Learning I 1

Semester 6

Sr.# Course Code Course Name Credit Hours
1 IBF 601 Fiqh Ul Muamalat II 3
2 IBF 604 Research Methodology 3
3 ECON 603 Mathematical Economics II 3
4 IBF 605 Introduction to AAOIFI Shariah Standards 3
5 BBA 923 Treasury Management 3
6 IBF 607 Principles of Risk Management for Islamic Banking 3
7 Life-1 Life and Learning I 1

Semester 7

Sr.# Course Code Course Name Credit Hours
1 IBFA304 Islamic Financial Accounting and Reporting-I 3
2 IBFA402 Islamic Social and Digital Finance 3
3 IBFA403 International Islamic Financial Market 3
4 IBFA405 Sharia Standards in Islamic Finance-II 3
5 IBFA406 Islamic Business and Regulatory Environment 3
6 FYP499A Final Year project A 3

Semester 8

Sr.# Course Code Course Name Credit Hours
1 IBFA407 Halal Standards and Regulations 3
2 IBFA408 Shariah Governance 3
3 FYP499B Final Year Project B 3
4 IBFA305 Islamic Financial Accounting and Reporting-II 3
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Introduction
Related Programs
Objectives
Career Path
Fee Structure
Scheme of Study