Islamic banking and finance has become an important academic discipline and has attracted research in a number related areas such as the economics, finance, accounting, law, Shari’ah and others. Meanwhile, demand for Islamic banking and financial instruments as well as Islamic financial institutions have experienced a rapid growth internationally. As an important financial activity in the Muslim world, knowledge and expertise in this discipline is very valuable not only to the Islamic banks and financial institutions but also to the Muslim world in ensuring sufficient number of experts and knowledgeable workers in this area. Realizing the recent development and challenges, the International Islamic University Malaysia (IIUM) has taken a pro-active step to officially establish the IIUM Institute of Islamic Banking and Finance (IIiBF) in January 2005.
- To provide an avenue to expand interdisciplinary knowledge and skills in Islamic banking and finance through education and research
- To produce multi-dimensional graduates who are competent both in Shari’ah and modern sciences like economics, finance, accounting, law, information technology and other related areas
- To promote the Islamic banking and financial system in achieving the objectives of Shari’ah
- To become an international referral centre in the field of education and research in Islamic banking and finance
To be premier global Centre of Excellence for Teaching, Research, Publications and Consultancy in Islamic Banking and Finance
To enhance Islamic banking and finance education and research globally through the provision of capacity building and advisory services underpinned by path-breaking strategic initiatives, development and innovation.
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