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PGD in Islamic Finance

Introduction

The Diploma in Islamic Finance 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 meticulously designed to provide students with a foundational understanding of Islamic finance principles and practices, emphasizing Shariah compliance. The Diploma in Islamic Finance program at AIOU is developed to offer students a fundamental grasp of the principles governing Islamic finance. This program is structured to equip learners with essential knowledge and skills required to comprehend and engage with the dynamic landscape of Islamic finance while upholding the principles of Islam.

OBJECTIVES

  1. To Gain a thorough understanding of Islamic finance principles, practices, and Shariah rulings.
  2. To Develop a solid foundation in core subjects such as Islamic banking, finance, and Shariah principles.
  3. To Acquire practical skills essential for entry-level roles in the Islamic finance industry. To Explore Islamic business and finance within the context of Islamic economics, providing a well-rounded perspective.

Eligibility Criteria

14 Years education (BBA/BA/B.COM /Associate Degree)

Selection Process

Open Merit

Duration

01 Year

Medium of Instruction

English

Teaching Methodology

Open Distance Learning

Total Credits Hours Required

30

Sr. #

Course Title

Course Code

Cr. Hrs

1

Islamic Economic System

1913

03

2

Islamic Law of Business Contracts

3971

03

3

Fundamentals of Money and Banking

8593

03

4

Fundamentals of Islamic Capital and Money Markets

3977

03

5

Introduction to Business Finance

8594

03

1

2

3

4

5

6

Semesters

02

Assessment Weightage

Assignments (Weightage) Workshop (Quizzes, etc.) (Weightage) Final Exam (Weightage) Passing Marks 
30%   70% 40% (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).