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MS Islamic Banking & Finance 

Program Overview

The MS IB&F program at GU TECH is designed to equip students with comprehensive knowledge of banking and finance, integrated with the teachings of Islam. With the exponential growth of Islamic banking, the scope of this field is vast, and the demand for professionals with expertise in this area is immense. However, many programs offered elsewhere lack access to top-tier faculty and robust curricula.

 

GU TECH's MS IB&F program stands out by being backed by leading Shariah scholars and finance experts. Our meticulously designed curriculum not only meets industry needs but also equips students with the latest technologies used in the field, ensuring they remain ahead of their peers. This program offers a unique advantage by blending rigorous academic training with practical insights, preparing graduates to excel in the dynamic field of Islamic Banking & Finance.

stock-photo-concept-of-islamic-finance-coins-and-praying-beads-zakat-islamic-banking-20531

Program Objectives

  1. Equip students with comprehensive knowledge of banking and finance integrated with Islamic teachings.

  2. Address the growing demand for professionals in the rapidly expanding field of Islamic banking.

  3. Provide access to top-tier faculty, including leading Shariah scholars and finance experts.

  4. Develop a meticulously designed curriculum that meets industry needs and incorporates the latest technologies.

  5. Prepare graduates to excel in the dynamic field of Islamic banking and finance through rigorous academic training and practical insights.

Program Structure

Foundation/ pre requisite courses for non-business background (subject to approval of admission committee for each student):
 

  1.   Principles of Accounting

  2.   Principles of Economics & Finance

  3.   Business Communication and Report Writing

  4.   Fundamentals of Islamic Fiqh/Jurisprudence

  5.   Fundamentals of Mathematics and Statistics

Semester wise breakup

Semester I

Title of the Course
Nature
Credit Hours
Corporate Finance
Core
3
Islamic Economics
Core
3
Research Methodology I
Core
3
Elective I
Elective
3
Total
12

Semester 2

Title of the Course
Nature
Credit Hours
Financial Markets, Institutions & Islamic Perspective
Core
3
Research Methodology II
Core
3
Elective II
Elective
3
Total
9

Semester 3

Title of the Course
Nature
Credit Hours
Islamic & Commercial Banking
Core
3
Elective III
Elective
3
Elective IV
Elective
3
Total
9

Semester 4

Title of the Course
Nature
Credit Hours
MS Thesis
Thesis
6
Total
6

Note: A student may opt to take 2 additional courses instead of undertaking MS Thesis to complete the degree.

ELECTIVE / SPECIALIZATION COURSES

Serial Number
Title of the Course
Nature
Credit Hours
1
Advanced Topics in Islamic Jurisprudence & Fiqh
Elective
3
2
Takaful Operations
Elective
3
3
International Finance
Elective
3
4
AAOIFI Shari’ah Standards (Ma’ayeer Al-Shari’ah)
Elective
3
5
Mejelle (Majall Tul Ahkam Al-Adaliyya)
Elective
3
6
Sharh Al-Qawaid Al-Fiqhiyya
Elective
3
7
Bidayat Al-Mujtahid
Elective
3
8
Islamic Social Finance
Elective
3
9
Business Law
Elective
3
10
Islamic Fintech
Elective
3
11
Risk Management in IFIs
Elective
3
12
Organizational Behavior and Leadership
Elective
3
13
Accounting and Auditing in IFI’s
Elective
3
14
Monetary Economics
Elective
3
15
Islamic Law of Contracts
Elective
3
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