MS Islamic Banking & Finance

Program Overview

Credit Hours

32

Duration

2 Years

Semesters

4

Attendance

Full-time

The MS Islamic Banking & Finance program at Superior University is a 2-year postgraduate program combining advanced Islamic economics, Shariah principles for finance, Islamic banking product structures (Murabaha, Ijarah, Musharakah, Mudaraba), sukuk design, Takaful insurance, Islamic capital markets, and conventional finance — with original research through a thesis or applied research project. The program positions graduates at the forefront of Pakistan’s growing Islamic banking sector and the global Islamic finance industry worth over USD 3.5 trillion.

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PROGRAM ACCREDITATIONS

The primary regulatory body for higher education in Pakistan.

HEC works alongside the Pharmacy Council of Pakistan (PCP) to ensure institutes maintain high academic standards

Why Choose MS Islamic Banking & Finance at Superior University?
Key Skills You Will Learn

Islamic Banking Product Structuring

Sukuk Design & Islamic Capital Markets

Shariah Compliance & Audit

Islamic Finance Research & Thesis

Career Outcomes

Islamic Banking Officer

Shariah Compliance Officer

Sukuk Structuring Specialist

Takaful Manager

Admissions & Eligibility

Domestic Applicants

• 16 years of education in relevant field with minimum CGPA of 2.5. Moreover candidate must qualify GAT General (NTS) with 50% or GAT General (University) 60%

International Applicants

• 16 years of education in relevant field with minimum CGPA of 2.5. Moreover candidate must qualify GAT General (NTS) with 50% or GAT General (University) 60%

⚠️ Important

Always refer to the Admissions Office for the current criteria, deadlines and documentation.

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Program Roadmap

Explore courses roadmap in MS Islamic Banking & Finance
CourseCredit Hours
Business Research Methods3
Advanced Islamic Banking and Finance.3
Elective I3
Elective II3
Fehm-e-Quran - I1
Total Credit Hours13
CourseCredit Hours
Islamic Financial Regulatory Framework and Governance.3
Elective III3
Elective IV3
Advance Research Methods3
Fehm-e-Quran - II1
Total Credit Hours13
CourseCredit Hours
Thesis6
Total Credit Hours6
CourseCredit Hours
Islamic Capital Markets3
Risk Management in Islamic Financial Institution3
Islamic Insurance (Takaful)3
Takaful and Retakaful3
Global Finance3
Corporate Governance3
Total Credit Hours18

TRANSFORMATIONAL JOURNEY

Discover your 3C Advantage

Character


Shariah Integrity — Finance in Service of Justice — Islamic finance exists to create economic justice, eliminate riba, and build financial systems aligned with Islamic values. This program builds scholars and practitioners who approach Islamic finance with genuine Shariah commitment — not merely as a relabeling of conventional finance products.

Courage


The Courage to Challenge Pseudo-Islamic Finance — Not all products marketed as Islamic are genuinely Shariah-compliant. Graduates develop the scholarly and professional courage to identify, challenge, and refuse to endorse Islamic finance products that violate Shariah principles.

Competence


Advanced Islamic Finance Scholarship & Competence — Students develop advanced competence in Islamic economics, Shariah fatwa analysis, product structuring, sukuk design, Takaful management, and Islamic capital market — combined with formal research production.

FAQs

Frequently Asked Questions

It is a financial system based on Shariah principles that avoids interest (Riba) and promotes ethical, asset-backed transactions.