Introduction
Bachelor of Science in Islamic Finance 4 Years, 2.5 Years and 2Years program offered by the Department of Islamic Thought, History, and Culture, Faculty of Arabic and Islamic Studies, Allama Iqbal Open University (AIOU), Islamabad. This program is designed to provide students with a comprehensive understanding of Islamic finance principles, practices, and Shariah principles. The B.S. in Islamic Finance program is developed to equip students with the knowledge and skills necessary to navigate the dynamic industry of Islamic finance while adhering to the principles of Islam. Students will delve into core subjects, including Islamic banking, finance, and shariah principles, complemented by a robust curriculum in Islamic business and economics.
Eligibility Criteria
Any 14-Years Education, Any Bachelors 14 Years Degree, Associate Degree in Arts, Associate Degree in Science, Associate Degree in Education or Equivalent (with 45% marks).
Selection Process
Open Merit
Duration
Medium of Instruction
Teaching Methodology
Open Distance learning
Total Credits Hours Required
Bridging Semester
|
Sr. # |
Course Title |
Code |
Cr.Hrs |
|
1. |
Objective of Sharia |
1901 |
03 |
|
2. |
Islamic Economic System |
1913 |
03 |
|
3. |
Introduction to Fiqh |
2951 |
03 |
|
4. |
Principles of Islamic Jurisprudence |
2953 |
03 |
|
5. |
Islamic Law of Business contracts |
3971 |
03 |
|
6. |
Fundamentals of Money and Banking |
8593 |
03 |
|
|
|
18 Credit Hours |
|
1
2
3
4
5
Semesters
Workshop
The online workshop for each course will comprise of 12 hours, with 2 hours daily for 6 days except for the teaching practice and project as per AIOU policy. Each semester will have a workshop for the courses offered in that particular semester. There will be an online quiz for every course at the end of the workshop.
Assessment Weightage
| Assignments (Weightage) | Workshop (Attendance & Quizzes) (Weightage) | Final Exam (Weightage) | Passing Marks |
| 20% | 30% Quiz | 50% | 50% (in aggregate). However, 40% marks in final exams is mandatory. |
Note: Allama Iqbal Open University (AIOU) reserves the right to amend the fee structure policy, course offering and assessment of courses when required. The existing course(s) will be adopted/adapted as per requirement. The department may change the sequence of the course(s) offering as per availability of course(s).