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, 72 students from three batches are enrolled in 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.