Bachelor of Science - Islamic Finance (BS-IF)


Duration4.0 Years
No. of Courses46
Total Credit Hours138 Cr Hrs
  • Program will expire in 6 years from the date of admission.
  • Eligibility Criteria For Taking The Ilma University Aptitude test Pakistan Higher Education Board
    All Board of Intermediate of Pakistan with scoring at least 45% marks overall.

    Cambridge International Examinations (O & A Levels):
    O Level
    • Pakistan Based Examinations: Eight subjects, including Compulsory English, Mathematics, Urdu, Islamiyat, Pakistan Studies and three science electives with average B grade. Three science electives must be Physics, Chemistry and Biology or Computer Science

    • Overseas Based Examinations: Five subjects, including English, Mathematics and three science electives, with average B grade. Three science electives must be Physics, Chemistry and Biology or Computer Science

    A Level
    • Three principal subjects, i.e. Physics, Mathematics and Chemistry, with average C grade.

    Matriculation/Intermediate Examinations:
    • SSC/Matriculation with at least 45% marks overall.
    • HSSC/Intermediate with scoring at least 45% marks overall.

    Code Course Credit Hours
    First Semester

    EGL113

    English Writing Skills

    3

    HUM121

    Islamiat & Pakistan Studies

    3

    HUM204

    Psychology

    3

    ACC101

    Principles of Accounting

    3

    CS101

    IT For Managers

    3

    MKT201

    Principles of Marketing

    3

    Second Semester

    ACC203

    Financial Accounting & IT

    3

    HUM201

    Introduction to Business Law

    3

    ECO101

    Micro Economics

    3

    LNG111

    Foreign Language I

    3

    MAT103

    Business Maths

    3

    MGT201

    Principles of Management

    3

    Third Semester

    IBK101

    Introduction to Islamic Financing

    3

    ECO201

    Macro Economics

    3

    IBK201

    Introduction to Islamic Law

    3

    EGL202

    Business & Media Communications

    3

    MAT202

    Statistics

    3

    MGT111

    Basic of Research Methods

    3

    Fourth Semester

    LNG211

    Foreign Language II

    3

    FIN211

    Introduction to Business Finance

    3

    HUM203

    Sociology

    3

    IBK203

    Islamic Insurance

    3

    MAT304

    Quantitative Analysis for Business

    3

    MKT404

    Consumer Behavior

    3

    Fifth Semester

    CSC491

    Management Information System

    3

    IBK204

    Islamic Modes of Finance

    3

    HUM451

    Public Policies

    3

    MAT404

    Inferential Statistics For Research

    3

    IBK301

    Islamic Jurisprudence

    3

    EGL502

    Organization Ethics and Advanced Communication

    3

    Sixth Semester

    ECO401

    Money & Banking

    3

    IBK413

    Consumer Banking and Policies

    3

    MKT401

    Marketing Management

    3

    FIN503

    Financial Reporting & Analysis

    3

    ELC1

    Elective I

    3

    FIN311

    Financial Management

    3

    Seventh Semester

    IBK401

    Legal and Constitutional Aspects of Islamic Financing

    3

    ELC2

    Elective II

    3

    IBK414

    Modarba Takaful

    3

    ACC502

    Managerial Accounting & Control Systems

    3

    IBK411

    Islamic Shariah and Compliance

    3

    ELC3

    Elective III

    3

    Eighth Semester

    ELC4

    Elective IV

    3

    IBK415

    Walaka Takaful

    3

    IBK412

    Islamic Consumer Banking

    3

    IBK505

    Financial Statement Reporting in Islamic Banking

    3

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