BS Islamic Banking and Finance

Introduction Program Summary Program Structure

Mission                      

The mission of BS-IBF program is to prepare students well versed with conventional as well as Islamic financial system to contribute nationally and internationally in the banking sector. 

Rationale

The growing market of Islamic Banking and Finance creates a high need for Islamic scholars who are equipped with Islamic financial sector’s knowledge and who are able to address the ongoing challenges faced to this market. The global awareness of Islamic financial markets intensifies the need of producing skills in the area of Islamic banking and finance. The BS-IBF provides students with the opportunity to become a good Islamic financial knowledge bearer to cater the ever growing demand for a human resource in the area.

Objectives

The objectives of BS-IBF program are:

  • To develop in graduates a strong foundation of Islamic banking and finance.
  • To produce competent graduates with the knowledge of Shariah, Economics, Finance, Accounting, Legal Shariah and Social Issues.
  • To equip graduates with a particular understanding to operate the system of Islamic banking and finance.
  • To cater the growing demand for human resources in the area of Islamic banking and finance by the industry, and academia.

Learning Outcomes

Upon completion of this program, graduates will be able to:

  • Paradigm the rationale behind the development of the Islamic finance industry
  • Evaluate the nature and scope of the Islamic finance industry in relation to its conventional counterpart.
  • Provide a solution to the issues related to Islamic banking and Finance.
  • Utilize research work in the specified area of their expertise.
  • Apply the Shariah based knowledge in banking and financial sector.

 

Exemption Policy

All participants in BS-IBF program are required to complete a minimum of 126 credit hours.  A participant who has already studied a core course at an equivalent level may get an exemption from the course.  However, in this case, the participant will need to take an additional elective course to complete the mandatory 126 credit hours.

Career Opportunities

After completing the degree students will have ample opportunity to join Islamic or conventional banks, Islamic investment, mudarabah and takaful companies. There is an increasing number of companies acquiring the consultation of experts in Shariah and Islamic finance. Graduates of BS Islamic Banking and Finance will be the relevant candidates for such companies. Graduates of BS-IBF can also get administrative position in any of the private, public and nonprofit organizations for their expertise in the area of Islamic finance, CSR and Shariah compliant practices.

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