BS Islamic Finance Program

Programs

BS Islamic Finance

(the Students has no choice)
9 courses
26 Credit hours
Subject                              Cr.
English I3
English II3
English III3
English IV2
[University Optional]
Pakistan Studies2
Islamic Studies/Ethics3
Mathematics I
Mathematics II3
[University Optional]
Introduction to Computer2
Basic Arabic2
[Compulsory in AJK]
(from other departments)
7-8 Courses
21-24 Credit Hours
Subject Cr.
Sociology3
Education3
Psychology3
Philosophy3
Law3
Business Administration3
Commerce3
Mass Communication3
Language [Chinese,3
[Persian, Kashmiri, Other]
Anthropology3
World History3
Foundation Courses
10-11 Courses
30-33 Credit Hours
Subject Cr.
Principles of Microeconomics3
Principles of Macroeconomics3
Intermediate Microeconomics3
Intermediate Macroeconomics3
Statistics for economists3
Monetary Economics3
Basic Econometrics3
History of Economic thought3
Introduction to Islamic Economics3
Applied Economics3
Ethics and Universal Values3
Research Workshop3

Notes:
Optional (Non-Economics )
Optional Non-economics courses shall be chosen from the list of approved courses which shall be offered with an intent to  strengthen the theme/structure of the degree programme
Optional (Economics)
List of optional courses shall be prepared /revised keeping in view the professional requirements of the field of Islamic Economics, Banking or Finance but also the skills, behavior and internal purification of students.
Courses from Other Departments
Student of Islamic Finance may choose courses from other departments where applicable. Some courses under different disciplines are indicated below. All of them are already included in HEC approved scheme of studies for various subjects.

Annexure – 1 Contd.: List Of Major And Elective Within Major Courses

11-13 Courses
36-42 Credit Hours

SubjectCr.
Islamic Banking: Theory and Practice3
Usury and Interest in Historical Perspective3
Financial Regulation in Islamic Perspective3
History of Islamic Finance3
Commercial Bank Management3
Product Development3
Islamic Jurisprudence3
Islamic Law of Business Contract3
Financial Management3
Financial Markets and Institutions3
Financial Accounting3
Arabic for Understanding Quran3
Introduction to Divine Economics3
Insurance and Takaful3
Islamic critique of conventional Financial system3
Note: The above list can be revised by the Committee
formed by the Board of Studies KIE I its 11th meeting.
05 Courses
15 Credit Hours

SubjectCr.
1.Elective-I3
2.Elective-II3
3.Elective-III3
4.Elective-IV3
5.Elective-V3
To be chosen from the list of electives
Foundation Courses
10-11 Courses
30-33 Credit Hours
Subject Cr.
Principles of Microeconomics3
Principles of Macroeconomics3
Intermediate Microeconomics3
Intermediate Macroeconomics3
Statistics for economists3
Monetary Economics3
Basic Econometrics3
History of Economic thought3
Introduction to Islamic Economics3
Applied Economics3
Ethics and Universal Values3
Research Workshop3

Annexure – 1 Contd. List of Elective Courses / Options

11-13 Courses
36-42 Credit Hours

Conventional Economics and Finance
Institutional Economics3
Money & Banking3
Welfare and Happiness Economics3
Comparative Economic Systems3
Investment Analysis & Portfolio management
Public Policies3
International Finance3
Financial Derivatives3
Financial Markets3
Managerial Economics3
Political Economy3
Industrial Economics3
Transport Economics3
Experimental and Behavioral Economics3
Regional Economics3
Poverty and Income Distribution3
Economics of Education3
Project Appraisal & Management
Islamic Economics and Finance
Introduction to Islamic Economics3
Islamic Finance Theory and Practice3
Divine Economics Applications3
Regulation Control and Supervision of Islamic Banks3
Risk Management of Islamic Financial Institutions3
Islamic Capital Market3
Takaful3
Contemporary debates on Interest and Classical literature of Islamic Commercial Law3
Islamic Finance: Theory and Practice3
Regulation Control and Supervision of Islamic Banks3
Islamic Ethics and Corporate Governance3
Islamic Banking Product and Services3
Risk Management of Islamic Financial Institutions3
Islamic Contracts & Modes of Financing3
Risk Management in Conventional and Islamic Financial Institutions3
Financial Crisis and Regulatory inputs of Islamic Commercial Law3
Fiqh
Islamic Jurisprudence3
Islamic Law of Business Contracts-13
Islamic Law of Business Contracts-23
Fiqh al-Ribawa al-Masarif3
Business Management
Financial Management3
Financial Markets& institution3
Ethics in Economics
Accounting and Finance
Financial Accounting-I3
Financial Accounting-II3
Fundamentals of Corporate Finance3
Project Appraisal and Management3
Commercial Bank Management3
Financial Modelling Using Excel3
Financial Derivative3
Functional Arabic
Arabic for Understanding Qur’an3
Arabic writing and speaking3
Arabic Advance3
Arabic – Subject Specific [Mo’zoohi]3
Arabic [ 6th Century Arabian]3
Specialization and General Elective Courses
Economy of Middle East3
Regional Alliances in Asia: Potential, Challenges and Opportunities3
3
Regional Economic Issues of South Asia With special reference to Kashmir Conflict3
International Relations3
Insurance and Takaful Management3
Corporate Finance3
AAOIFI Shariah Standards3
Finance Theory3
Qur’an Commentary [Islamic Economics and Finance]3
Hadith [Islamic Economics and Finance]3
Islamic Ethical Philosophy3
Topics in Ethic and Universal Values3
Commons among world religions3
Comparative Economics Systems3
Comparative Banking Systems3
History of Islamic Banking & Finance3
Commons among Islamic Schools of jurisprudence3
ISO-9000 and other Standards3
Action Research [Global Online]3
Experiments in Behavioral Economics3
Optional Courses From other Department
Commerce
Investment and Portfolio Management3
Total Quality Management3
Accounting Information System3
Pakistan Studies
Muslims Struggle for Pakistan (1857 – 1947)3
Geography of Pakistan3
Political History of Pakistan3
Pakistani Society and Culture3
Social Change and Development in Pakistan3
Any one language anytime during 8 semesters [Chinese, French, Persian, other]3