Overview

About the program

The International Institute of Islamic Economics at the International Islamic University Islamabad offers this Islamic Banking and Finance program. The Institute's aims are:

To organize teaching of modern economics, Islamic economics, Islamic banking and finance and other related disciplines at Bachelor, Master and Doctoral levels.
To conduct advance studies & research in the relevant areas and to provide training programs & consultancy services to public and private organizations.
To promote cooperation with other leading educational and research institutions of east and west, particularly in the Muslim countries, in the field of modern economics, Islamic economics and allied disciplines through seminars, colloquia, conferences, staff and students exchange, scholarships, stipends and bursaries.

Programme Structure

Courses include:

Microeconomic Analysis

Macroeconomic Analysis

Riba, Bank Interest and Strategy for Riba Elimination

Research Methods for Economics & Finance

Islamic Banking: Theory, Practice & Leg Framework

Risk Management in Islamic Banking

Contemporary Fatawa on Financial Transactions

Accounting and Auditing Standards for Islamic Banks

Commercial Bank Management

Mathematics for Economics and Finance

Statistics for Economics and Finance

Financial Accounting

Islamic Economics

Key information

Duration

Full-time
- 24 months

Start dates & application deadlines

Starting 2025-02-01 00:00:00
- Apply before 2024-12-15 00:00:00
Starting 2025-09-01 00:00:00
- Apply before 2025-07-29 00:00:00

Language

English

Credits

60 alternative credits

Delivered

On Campus

Disciplines

Finance Financial Mathematics Banking View 7 other Masters in Finance in Pakistan

Academic requirements

GMAT

Required

English requirements

We are not aware of any English requirements for this programme.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at International Islamic University Islamabad and/or in Pakistan, please visit Student Insurance Portal.

Other requirements

General requirements

16 Years Graduate Degree in Economics / Finance / Commerce / Business Administration with CGPA 2.5/4.00 or 60% marks from Annual/Conventional System where CGPA is not calculated or 65% marks in the semester system examination, where CGPA is not mentioned on terminal degree/transcript.

International students:

Application fee (US $75); attach copy of deposit slip / challan or Bank Draft or Pay Order with application form favoring IIU Islamabad
Passport size photographs with blue background
Copy of Passport Residential Permit (Eqama), Overseas ID card, NOC of /o Foreign Affairs or Your Embassy in Pakistan
Three copies of duly filled government of Pakistani Permission form (Students’ Information Sheet)
Verified educational documents (all degree/certificates)
Valid Passport / Valid Study Visa

You need to apply through your embassy or send your application directly to Director (Acad) IIUI. You will be required to submit GMAT and TOEFL score.

Tuition Fee

To always see correct tuition fees

International

133160 PKR/year

Tuition Fee

Based on the tuition of 66580 PKR per semester during 24 months.
National

133160 PKR/year

Tuition Fee

Based on the tuition of 66580 PKR per semester during 24 months.

Living costs for Islamabad

36883 - 51236 PKR /month

Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Islamic Banking and Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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