About the Program

The Islamic Finance industry has seen a rapid local and international growth in the past decade, with over 2800 Islamic banking branches employing graduates and executives all over Pakistan. The market size of Islamic banking assets is currently 13.5% of the total banking assets of Pakistan, and is expected to reach 20% by 2020. Hence, there is an increasing demand of professionals who have expertise in Islamic Banking and Finance. Every year, approximately 2500 additional trained Islamic banking executives are needed to support this growth.

Realizing this need, the Institute of Business Administration (IBA) launched MS Islamic Banking and Finance in Spring 2017. Currently, 127 students from five batches have been admitted to the program. The program has been designed for fresh students, experienced industry practitioners and Shariah scholars. It will meet the growing needs of the Islamic finance industry by providing theoretical and applied knowledge of Islamic finance, Islamic jurisprudence, banking and economics. Graduates of the program will have very promising career prospects in academia and in the local and international Islamic finance industry. International students are highly encouraged to apply.

Message from Program Director

Dr. Irum Saba

With great pleasure, I announce the launch of the MS-Islamic Banking and Finance website, put forward by constant hard work of research and communication departments at the Institute of Business Administration, Karachi. As the Program Director, I believe that the MS-IBF website will not only help existing students and stakeholders to stay informed and updated about the latest happenings and advancements but will also guide aspiring candidates to get authentic and updated information about the program from one platform. Read More

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