Introduction
Publications
Programs
Faculty Members

Programs

BS Islamic Finance

(the Students has no choice)
9 courses
26 Credit hours
Subject                               Cr.
English I 3
English II 3
English III 3
English IV 2
[University Optional]
Pakistan Studies 2
Islamic Studies/Ethics 3
Mathematics I
Mathematics II 3
[University Optional]
Introduction to Computer 2
Basic Arabic 2
[Compulsory in AJK]
(from other departments)
7-8 Courses
21-24 Credit Hours
Subject  Cr.
Sociology 3
Education 3
Psychology 3
Philosophy 3
Law 3
Business Administration 3
Commerce 3
Mass Communication 3
Language [Chinese, 3
[Persian, Kashmiri, Other]
Anthropology 3
World History 3
Foundation Courses
10-11 Courses
30-33 Credit Hours
Subject  Cr.
Principles of Microeconomics 3
Principles of Macroeconomics 3
Intermediate Microeconomics 3
Intermediate Macroeconomics 3
Statistics for economists 3
Monetary Economics 3
Basic Econometrics 3
History of Economic thought 3
Introduction to Islamic Economics 3
Applied Economics 3
Ethics and Universal Values 3
Research Workshop 3

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

Subject Cr.
Islamic Banking: Theory and Practice 3
Usury and Interest in Historical Perspective 3
Financial Regulation in Islamic Perspective 3
History of Islamic Finance 3
Commercial Bank Management 3
Product Development 3
Islamic Jurisprudence 3
Islamic Law of Business Contract 3
Financial Management 3
Financial Markets and Institutions 3
Financial Accounting 3
Arabic for Understanding Quran 3
Introduction to Divine Economics 3
Insurance and Takaful 3
Islamic critique of conventional Financial system 3
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

Subject Cr.
1.Elective-I 3
2.Elective-II 3
3.Elective-III 3
4.Elective-IV 3
5.Elective-V 3
To be chosen from the list of electives
Foundation Courses
10-11 Courses
30-33 Credit Hours
Subject  Cr.
Principles of Microeconomics 3
Principles of Macroeconomics 3
Intermediate Microeconomics 3
Intermediate Macroeconomics 3
Statistics for economists 3
Monetary Economics 3
Basic Econometrics 3
History of Economic thought 3
Introduction to Islamic Economics 3
Applied Economics 3
Ethics and Universal Values 3
Research Workshop 3

Annexure – 1 Contd. List of Elective Courses / Options

11-13 Courses
36-42 Credit Hours

Conventional Economics and Finance
Institutional Economics 3
Money & Banking 3
Welfare and Happiness Economics 3
Comparative Economic Systems 3
Investment Analysis & Portfolio management
Public Policies 3
International Finance 3
Financial Derivatives 3
Financial Markets 3
Managerial Economics 3
Political Economy 3
Industrial Economics 3
Transport Economics 3
Experimental and Behavioral Economics 3
Regional Economics 3
Poverty and Income Distribution 3
Economics of Education 3
Project Appraisal & Management
Islamic Economics and Finance
Introduction to Islamic Economics 3
Islamic Finance Theory and Practice 3
Divine Economics Applications 3
Regulation Control and Supervision of Islamic Banks 3
Risk Management of Islamic Financial Institutions 3
Islamic Capital Market 3
Takaful 3
Contemporary debates on Interest and Classical literature of Islamic Commercial Law 3
Islamic Finance: Theory and Practice 3
Regulation Control and Supervision of Islamic Banks 3
Islamic Ethics and Corporate Governance 3
Islamic Banking Product and Services 3
Risk Management of Islamic Financial Institutions 3
Islamic Contracts & Modes of Financing 3
Risk Management in Conventional and Islamic Financial Institutions 3
Financial Crisis and Regulatory inputs of Islamic Commercial Law 3
Fiqh
Islamic Jurisprudence 3
Islamic Law of Business Contracts-1 3
Islamic Law of Business Contracts-2 3
Fiqh al-Ribawa al-Masarif 3
Business Management
Financial Management 3
Financial Markets& institution 3
Ethics in Economics
Accounting and Finance
Financial Accounting-I 3
Financial Accounting-II 3
Fundamentals of Corporate Finance 3
Project Appraisal and Management 3
Commercial Bank Management 3
Financial Modelling Using Excel 3
Financial Derivative 3
Functional Arabic
Arabic for Understanding Qur’an 3
Arabic writing and speaking 3
Arabic Advance 3
Arabic – Subject Specific [Mo’zoohi] 3
Arabic [ 6th Century Arabian] 3
Specialization and General Elective Courses
Economy of Middle East 3
Regional Alliances in Asia: Potential, Challenges and Opportunities 3
3
Regional Economic Issues of South Asia With special reference to Kashmir Conflict 3
International Relations 3
Insurance and Takaful Management 3
Corporate Finance 3
AAOIFI Shariah Standards 3
Finance Theory 3
Qur’an Commentary [Islamic Economics and Finance] 3
Hadith [Islamic Economics and Finance] 3
Islamic Ethical Philosophy 3
Topics in Ethic and Universal Values 3
Commons among world religions 3
Comparative Economics Systems 3
Comparative Banking Systems 3
History of Islamic Banking & Finance 3
Commons among Islamic Schools of jurisprudence 3
ISO-9000 and other Standards 3
Action Research [Global Online] 3
Experiments in Behavioral Economics 3
Optional Courses From other Department
Commerce
Investment and Portfolio Management 3
Total Quality Management 3
Accounting Information System 3
Pakistan Studies
Muslims Struggle for Pakistan (1857 – 1947) 3
Geography of Pakistan 3
Political History of Pakistan 3
Pakistani Society and Culture 3
Social Change and Development in Pakistan 3
Any one language anytime during 8 semesters [Chinese, French, Persian, other] 3