fbpx

Academic
Programmes

Introduction to

BS Islamic Banking & Finance (BS IBF)

A unique 4-year degree blending Islamic Scholarship with contemporary Financial Skills

Program Overview
The BS Islamic Banking & Finance (BS IS-IBF) at Al-Kawthar University is designed to bridge the gap between classical Islamic jurisprudence and modern financial systems. It prepares students to meet the rapidly expanding needs of the Islamic financial industry, integrating Shariah principles with contemporary practices such as fintech, takaful, and sukuk markets. The program aligns with both HEC standards and AAOIFI guidelines, ensuring academic rigor and industry relevance.

Apply Online

Key Features

• Comprehensive study of Qur’an, Hadith, Fiqh, and Islamic commercial law.
• Training in Islamic banking, finance, fintech, and wealth management.
• Integration of Shariah principles with cutting-edge financial technologies.
• Specialized electives in Islamic regulatory frameworks, capital markets, and social finance.
• Final-year Capstone Project focusing on real-world Islamic finance applications.

Who Can Apply?

• Intermediate (any recognized board).
• Sanvia Al-Khasa (recognized Madaris).

Research projects immerse students in the investigative process, from designing studies and collecting data to analysing findings, fostering critical thinking and research competence. Fieldwork complements classroom learning by providing firsthand exposure to psychological practice in community settings, preparing students for impactful careers and further academic pursuits in psychology.

Program Objectives

• Provide a deep understanding of Islamic commercial jurisprudence.
• Equip students to work in Islamic banks, takaful, and regulatory institutions.
• Enable critical assessment and development of Shariah-compliant financial products.
• Bridge the gap between conventional finance and Islamic ethics.

Let's Ignite Change Together!

Eligibility Criteria

Admission to the BS Islamic Banking & Finance Programme will be determined based on the following weightages: 50% for the Al-Kawthar University Entry Test, 25% for HSSC or equivalent education, 15% for SSC or equivalent education, and 10% for the interview conducted by the Admission Committee. Applicants must achieve a minimum aggregate score of 50% to be eligible for admission.

Programme Curriculum

BS Psychology | Duration: 4 years

Year 1
Code SEMESTER 1 Credits Prerequisite
1 English - I 3 None
2 Pakistan Studies 2 None
3 Mathematics 3 None
4 General Education Course - I 3 None
5 General Education Course - II 3 None
6 Introduction to Psychology (F) 2 None
Total Credits 16
Code SEMESTER 2 Credits Prerequisite
1 English - II 3 None
2 Islamic Studies / Ethics 2 None
3 Introduction to Computers 3 None
4 Applied Areas of Psychology (F) 2 None
5 Practicals in Psychology (F) 1 None
6 General Education Course - III 3 None
7 General Education Course - IV 3 None
Total Credits 17
Year 2
Code SEMESTER 3 Credits Prerequisite
1 Communication Skills (Eng - III) 3 None
2 Cognitive Psychology (Maj) 3 None
3 Biology 3 None
4 General Education Course - V 3 None
5 General Education Course - VI 3 None
6 Environmental Psychology (Maj) 3 None
Total Credits 18
Code SEMESTER 4 Credits Prerequisite
1 Language (any UN language) 3 None
2 General Education Course - VII 3 None
3 General Education Course - VIII 3 None
4 Cross Cultural Psychology (Maj) 3 None
5 Ethical Issues In Psychology (F) 3 None
6 Gender Issues in Psychology (Maj) 3 None
Total Credits 18
Year 3
Code SEMESTER 5 Credits Prerequisite
1 Psycho-pathology (F) 3 None
2 Schools and Perspectives in Psychology (F) 2 None
3 Developmental Psychology (Maj) 3 None
4 Psychological Assessment (F) 3 None
5 Psychological Assessment Practical (F) 1 None
6 Research Methods - I (Maj) 3 None
7 Statistics in Psychology (Maj) 3 None
Total Credits 18
Code SEMESTER 6 Credits Prerequisite
1 Research Methods - II (Maj) 3 None
2 Group Research (Maj) 1 None
3 Theories of Personality (F) 2 None
4 Biological Basis of Behavior (F) 3 None
5 Data Analysis using SPSS (Maj) 3 None
6 Social Psychology (F) 3 None
7 Health Psychology (Maj) 3 None
Total Credits 18
Year 4
Code SEMESTER 7 Credits Prerequisite
1 Experimental Psychology (F) 3 None
2 Lab Experiments (F) 2 None
3 Elective - I 3 None
4 Elective - II (Practicum / Case Reports) 3 None
5 Active Citizenship/Voluntary work/ Community work (F) Mandatory None
6 *Research Thesis (Maj) 4 None
Total Credits 15
Code SEMESTER 8 Credits Prerequisite
1 Positive Psychology (Maj) 3 None
2 Peace Psychology (Maj) 3 None
3 Elective - III 3 None
4 Elective - IV (Practicum / Case Reports/Internship) 3 None
5 Research Thesis (Maj) 4* None
Total Credits 16

Career Perspectives

• Islamic banks and takaful companies.
• Financial regulators (SBP, SECP).
• Islamic microfinance institutions.
• NGOs and development finance organizations.
• Research and academic institutions.

Market Demand Snapshot (Karachi & National Context)

• Karachi hosts HQs of all major Islamic banks (Meezan, Dubai Islamic, Bank Islami, etc.).
• Islamic banking has 21%+ market share in Pakistan (SBP Report 2024).
• Over 10,000 jobs projected in Islamic finance by 2030.
• Shortage of professionals trained in both Shariah and finance.
• Industry requires expertise in fintech, takaful, sukuk, and AAOIFI standards.

Program Structure

• Duration: 4 Years (8 Semesters).
• Credit Hours: 145.
• Capstone Project: Applied research in Islamic banking & finance.

Why Choose Al-Kawthar University?

• Unique integration of Shariah, finance, and fintech.
• Blend of traditional Islamic scholarship with modern financial skills.
• Opportunities for internships, research projects, and industry collaboration.
• Scholarships available for eligible students.
• Prime location in Karachi with state-of-the-art facilities.

Apply Now – Limited Seats!

A detailed semester-wise scheme of study for BS IS-IT is available for download.

Download Plans of Studies

Admission Information

Start Your Journey

Enroll Today

To design and implement a modern system of higher education inspired by Prophet Muhammad (peace be upon him) and the earliest generation of Muslims.

To be a world-class institute of higher education inspired by the teachings of Prophet Muhammad (peace be upon him) and the wisdom of the earliest generations of Muslims, fostering excellence, innovation, and integrity in every student.

Contact Us

Instagram Simpline-social-linkedin Simpline-social-youtube

Quick Links

© 2025 Al-Kawthar University All rights reserved Powered By Manhattan Communications

× Admissions Open

Admissions are now Open!
Apply now to secure your future at our university.

Apply Now
APPLY NOW
ADMISSION RESULTS
VIRTUAL TOUR
SHUTTLE SERVICES
Instagram Simpline-social-youtube