Centre for Islamic Economic

Post Graduate Diploma (PGD) in Islamic Banking & Takaful

The course is timely with the aspiration of the growing interest and concerns in the field of Islamic Banking & Insurance (Takaful) both locally and internationally. Keeping into consideration the busy schedule of the instructors and the executives we have designed this course in a manner that all the classes will be conducted on weekends only. The detailed program and the salient features of the course are as under:

Course List

Post Graduate Diploma (PGD) in Islamic Banking & Takaful


Semester 1

IBI-711Usool-ul-Fiqh / Sources of Shari’ah03
IBI-712Commercial Ethics & Islamic Economic System03
JDK-7861Riba, Qimar, Gharar & Banking Interest03
IBI-713Islamic Law of Contract03

Semester 2

IBI-721Islamic Financial Products03
JDK-7862Islamic Financial Contracts03
IBI-722Islamic Modes of Financing03
IBI-723Liability Management03

Semester 3

IBI-731Takaful & Risk Management03
IBI-732Trade Finance in Islamic Banks03
IBI-733Advance Topics in Islamic Finance03
JDK-7863Management of Islamic Financial Institutions03




  • Graduation in any discipline
  • At least 2 years’ experience in Islamic Banking or Certificate Course in Islamic Banking

Selection Criteria:

  • Admissions will be awarded on the basis of test and interview.
  • Only short listed candidates will be called for an interview.

Course Details:

  • PGD is a one-year program consisting of 3 semesters of 4 months each.
  • Four courses will be taught in every semester.
  • Each course is of 36 credit hours.
  • In each semester one mid-term & one final exam will be conducted.
  • Total 12 courses will be taught in the whole year.
  • The class timing will be on:
    • Saturday 3:00 pm to 8:00 pm
    • Sunday 9:00 am to 2:30 pm
  • Diploma will be awarded to successful candidates.
  • The Diploma is of 36 Credit Points.

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