Institute of Islamic Banking
Academic Programs
• Post-graduate programs
– PhD Islamic Banking and Finance
– MS Islamic Banking and Finance
• Graduate program
– Masters in
Investments
Islamic
Banking,
Finance
and
• Professional certifications in Islamic Banking
– Certified Islamic Banker
– Certified Shariah Advisor
PhD in Islamic Banking and Finance
(PhD-IBF)
Institute of Islamic Banking
PhD-IBF Structure
Duration of the Program 3 to 5 Years
No. of Courses
06 (05 core + 02 elective)
Total Credit Hours
21 + 33 = 54 credit hours
Eligibility for Admission
18 years of education in Banking, Finance,
Economics, Islamic studies or equivalent
degree from an institution recognized by HEC.
Institute of Islamic Banking (IIB)
Offered By
PhD-IBF Courses
Core Courses
– Application of Quran, Sunnah and Sirah injunctions in contemporary Islamic
Banking and Finance
– Islamic Jurisprudence: Ijtehad and Maqasid al Shariah
– Islamic Research Paradigm; Research Methodology in Islamic Banking and
Finance
– Islamic Financial Instruments (Designing and Pricing)
Elective Courses
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AAOIFI ‘s Accounting, Auditing and Governance Standards
Islamic Banking Operations (Funds, Trusts, Sukuk and Bonds)
Corporate Governance in Islamic Finance
Capital and Money Markets in Islamic and Conventional Banking
Islamic Insurance (Takaful)
Note: Non-credit but compulsory language deficiency courses will be offered in Arabic
and English in the first semester.
MS in Islamic Banking and Finance
(MS-IBF)
Institute of Islamic Banking
MS-IBF Structure
Duration of the Program 2 Years
No. of Courses
08 (05 core + 03 elective)
Total Credit Hours
24 + 06 credit hours = 30 credit hours
Eligibility for Admission
16 years of education in Banking, Finance,
Economics, Islamic studies or equivalent
degree from an institution recognized by HEC.
Institute of Islamic Banking (IIB)
Offered By
MS-IBF Courses
Core Courses
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Islamic Banking and Finance
Islamic Economics: Theory and Practices
Research Methodology
Islamic Law of Contract – Comparative Study
AAOIFI and IFSB Standards
Elective Courses
– Islamic Capital Markets
– Risk Management in Islamic Banking and Finance
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International Islamic Banking and Finance
Islamic Microfinance: Theory and Practices
Case Studies and Seminars in Islamic Banking and Finance
Business Strategies and Policy in Islamic Banking and Finance
Note: Non-credit but compulsory language deficiency courses will be offered in Arabic
and English in the first semester.
Masters in Islamic Banking, Finance
and Investments
(MIBFI)
Institute of Islamic Banking
MIBFI Structure
Duration of the Program 2 years
No. of Courses
20
Total Credit Hours
60 + 06 = 66 credit hours
Eligibility for Admission
14 years of education in Banking, Finance,
Economics, Islamic studies or equivalent
degree from an institution recognized by HEC.
Institute of Islamic Banking (IIB)
Offered By
MIBFI Courses
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Islamic Financial System
Islamic Economics
Financial Accounting
Islamic Jurisprudence
Islamic Capital Markets
Deposits and Financing
Operations of Islamic Banks
Islamic Financial Reporting
Risk Management in Islamic
Financial Institutions
Islamic Banking Products and
Services
Islamic Micro Finance
Takaful and Actuarial
practices
– Ethics of Islamic Financial
Institutions
– Internationalization of
Islamic Finance
– Asset Pricing and Islamic
Derivatives
– Shariah Issues in Islamic
Finance
– Financial Management and
Islamic banks
– Introduction to Islamic
Finance and Law of Contracts
– Research Methodology
– Financial Statement Analysis
– Product Development for
Islamic Financial Institutions
Certifications in Islamic Banking
Institute of Islamic Banking
Certified Islamic Banker
Duration – 4 months
Package – Rs. 45,000/-
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Introduction to Islamic banking and Islamic Law of Contracts
Deposit and financing operations of Islamic Banks
Islamic Financial reporting and Structuring
Assets and Liabilities Management of Islamic banks
Product development
Prudential regulations for SME and Corporate Banking
Sharia audit and shariah compliance
Risk Management in Islamic Banks
Islamic Trade Finance and working capital financing
Islamic Financing facilities for corporate/commercial sector
Credit Analysis Techniques
Certified Shariah Advisor
Duration – 4 months
Package – Rs. 40,000/
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Theoretical and practical key basic principl
es of Shariah governance.
Shariah governance Standards AAOIFI
Shari’ah Compliance and Shariah Audit
Mechanism
Elements of assurance engagement
Shariah Audit and Shariah Review
External and internal audit
Duties of Internal Shari’ah Auditor
Compliance on the internal Shari’ah
Auditor’s Report
Shariah compliance in Islamic banks
Profit distribution methodology and
shariah compliance
Deposit Insurance and Shariah compliance
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Shariah compliance in Contracts,
Murabaha,Salam,Istisna,Ijara,Diminishing
Musharaka
Financing operations of Islamic banks and
shariah compliance
Dividend Purification Process
Derivatives and shariah compliance
Investment in shares and other securities
and shariah compliance
Shariah screening process
Functions and responsibilities of the
Shari’ah Advisor
Powers and Reporting of Shari’ah Advisor
Performance review of the Shari’ah Advisor
Shariah Compliance in Financial Statements
International Collaborations
• International Centre for Education in Islamic Finance
(INCEIF), Malaysia
• Near East University, Cyprus
• Marmara University, Turkey
• Meliksah University, Turkey
• Fatih University, Turkey
• Eastern Michigan University, USA
• University of Bedfordshire, UK
• South West University of Finance and Economics, China
Thank you !!!
Address: C-II, Johar Town, Lahore - 54770, Pakistan
Tel: +92-42-3521-2801-10
Web: http://iib.umt.edu.pk