BS Islamic Banking and Finance

Program Objectives

To learn Basic concepts, theories and practices of economics, banking and finance.
To know the mechanisms and functioning of various large economies of the world and their interaction with each other.
To know various problems and issues in financial economies.
To understand the way in which banks, financial institutions and markets around the world operate.
Islamic principles of economics and their application in banking and finance

Program Mission

The Bachelor of Science in Islamic Banking and Finance has been designed to provide students with thorough knowledge and skills in the financial sector, with a particular focus on the influence and impact of Islamic frameworks on economics, banking and finance generally.

Eligibility Criteria

The basic eligibility requirement for admission to the BS business and management programs is a Higher Secondary School Certificate (HSSC), A-levels, or an equivalent qualification recognized by the IBCC, involving 12 years of schooling with a minimum of 50 % marks.

Program Educational Objectives (PEOs)

PEO-I

Demonstrate professional competence in the financial sector with specialized expertise in Islamic banking, finance, and economic systems.

PEO-II

Apply ethical and Shariah-compliant principles in making financial and investment decisions within diverse organizational and cultural contexts.

PEO-III

Contribute to the development and innovation of Islamic financial products and services by integrating theoretical knowledge with practical applications.

PEO-IV

Engage in lifelong learning and research to stay updated with the evolving landscape of global Islamic finance and conventional financial systems.

PEO-V

Exhibit leadership, communication, and analytical skills to manage Islamic financial institutions and participate effectively in interdisciplinary and multicultural teams.

Programs Learning Outcomes (PLOs)

PLO-I

Demonstrate comprehensive understanding of Islamic economics, banking principles, and financial systems based on Shariah law.

PLO-II

Apply Islamic financial principles in solving practical problems related to banking, investments, risk management, and insurance (Takaful).

PLO-III

Analyze financial data and Islamic finance instruments using appropriate quantitative and qualitative tools for informed decision-making.

PLO-IV

Adhere to Islamic ethical standards and legal guidelines in personal and professional financial practices.

PLO-V

Communicate effectively with diverse stakeholders using oral, written, and digital formats in both local and global financial contexts.

PLO-VI

Demonstrate leadership capabilities and work effectively in teams to achieve goals in Islamic financial institutions.

PLO-VII

Recognize the need for, and engage in,continuous professional development in Islamic finance and related fields.

PLO-VIII

Differentiate between Islamic and conventional financial systems and evaluate their impact on economic development and society.

Scheme of Study BS Islamic Banking and Finance

Total Credit Hours = 130

Courses
Islamic Studies and Ethics	Functional English	Ideology & Constitution of Pakistan	Fundamentals of Accounting
Digital Literacy and Emerging Tech Trends	Principles of Islamic Jurisprudence	Pakistan Studies	Arts and Humanities
Application of Information & Communication Technologies (ICT)	Quantitative Reasoning – I	Financial Accounting	Principles of Management
Development Economics	Fehm-e-Quran (for Muslim Students)	Expository Writing	Quantitative Reasoning – II
Introduction to Sociology	Principles of Marketing	Islamic Finance	Public Policy and Governance
Civics and Community Engagement	Entrepreneurship	Environmental Sciences	Financial Management
Islamic Economics	Islamic Banking Theory and Practice	Business Law	Marketing Management
Human Resource Management	Islamic Asset and Fund Management	Risk Management for Islamic Banks	Takaful / Islamic Insurance
AI in Business	Organization Behavior	Shariah Auditing	Islamic SME Financing
Elective I	Elective II	Business Research Methods	AAOIFI Shariah Standards
Elective III	Elective IV	Internship	Project
Elective V	Elective VI

Elective Courses
Islamic Wealth Management	Islamic Capital Markets	Accounting for Islamic Financial Institutions	Emerging Issues in Islamic Economics
Principles of Islamic Trade	Islamic Product Development	Islamic Financial Reportimg	Islamic Entrepreneurship
Pool Management in Islamic Banking	Shariah Foundations of Business and Finance	Islamic Banking Deposit Products & Treasury Op.	Islamic Business Ethics
Islamic Banking Financing Products	Islamic Law of Sales & Contract	Islamic Financial Institutions & Markets