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PhD Islamic Economics and Finance

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PhD Islamic Economics and Finance

Introduction

The Doctor of Philosophy (PhD) in Islamic Economics and Finance program offers an advanced and rigorous academic journey for scholars seeking to delve deeply into the theory, principles, and applications of Islamic economics and finance. Grounded in the ethical and moral framework of Islamic teachings, this program is designed to cultivate expertise in both theoretical research and practical applications within the field.

As the global interest in Islamic finance continues to grow, fueled by principles of social justice, economic stability, and ethical finance, the PhD program prepares students to become thought leaders, researchers, and educators who can contribute to the advancement and sustainability of Islamic economics and finance worldwide.

Through comprehensive study, original research, and scholarly inquiry, students are equipped with the knowledge, skills, and analytical tools necessary to address contemporary challenges and shape the future of Islamic finance in a rapidly evolving global economy.

Objectives

  • Foster advanced scholarly inquiry and critical thinking skills among students to enable them to engage deeply with theoretical and practical aspects of Islamic economics and finance.
  • Cultivate students' ability to conduct original and innovative research in areas such as Islamic financial instruments, economic theory within an Islamic framework, Islamic banking practices, and the social impact of Islamic finance.
  • Provide students with a comprehensive understanding of the theoretical foundations of Islamic economics, including the principles of justice, equity, and social welfare as derived from Islamic teachings.
  • Equip students with the methodological tools and techniques necessary to undertake empirical analysis and quantitative research in Islamic economics and finance, enabling them to contribute empirical evidence to the field.
  • Instill in students a deep appreciation for the ethical principles and values inherent in Islamic economics and finance, preparing them to navigate complex ethical dilemmas and promote ethical conduct within the industry.
  • Foster an international and cross-cultural understanding of Islamic economics and finance, including its role in different regions, its interaction with conventional finance, and its potential for promoting sustainable economic development.
  • Prepare students for leadership roles within academia, research institutions, and policy-making bodies, enabling them to contribute to the advancement of knowledge and policy discourse in Islamic economics and finance.
  • Facilitate the translation of research findings into practical applications within the Islamic finance industry, enabling students to make meaningful contributions to the development and implementation of Sharia-compliant financial products and services.
  • Encourage students to disseminate their research findings through scholarly publications, presentations at conferences, and engagement with industry stakeholders, thereby contributing to the wider body of knowledge in Islamic economics and finance.

Career Path

  • Academic Researcher/Professor
  • Policy Analyst/Advisor
  • Consultant
  • Researcher in Financial Institutions
  • Regulatory Compliance Officer
  • Development Practitioner
  • Entrepreneurship and Business Development
  • International Development Specialist
  • Think Tank Analyst

Fee Structure PhD Islamic Economics and Finance

PhD Islamic Economics and Finance
Duration 3 years
Total Semester 6
Total Package 620,998
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 49667 * 12
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 IBFA700 Research Methods in Islamic Economics & Finance 3
2 IBFA704 Shariah & Governance Standards in Islamic Finance 3
3 IBFA707 Topics in Islamic Monetary Economics 3

Semester 2

Sr.# Course Code Course Name Credit Hours
1 IBFA702 Advanced Theories of Islamic Economics 3
2 IBFA706 Applied Data Analysis Techniques 3
3 IBFA708 Topics in Takaful & Re-Takaful Standards & Operations 3

Semester 3

Sr.# Course Code Course Name Credit Hours
1 FYPJ799 Final Year Project 3

Semester 4

Sr.# Course Code Course Name Credit Hours
1 FYPJ799 Final Year Project 3

Semester 5

Sr.# Course Code Course Name Credit Hours
1 FYPJ799 Final Year Project 3

Semester 6

Sr.# Course Code Course Name Credit Hours
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Introduction
Related Programs
Objectives
Career Path
Fee Structure
Scheme of Study