Overview

The Economics and Islamic Banking program is one of the important contemporary programs that can be taught in our universities. The importance of preparing this program came after the global financial crisis of 2008 that affected the capitalist system and narrowed the maneuvering areas. From one hand, many businessmen have recognized the importance of the ethical and religious dimensions in the finance industry, and the importance of linking it to the real investment sector from the other hand, and this can only be part of the Islamic financial system. Moreover, the strength of Islamic banks and Islamic financial institutions appeared facing the financial and Epidemiological crisis, especially when the Islamic banks were able to face and keep their strength during COIVD-19 epidemic. This program was prepared to be a link between the private and public sectors, especially in the financial institutions in Palestine, to enhance the relationship between theory and practice.

Vision

To be a globally recognized leader in the education and development of Islamic banking and finance, fostering academic excellence, ethical leadership, and innovation. Our vision is to shape future professionals who will contribute to the sustainable growth of the global financial system, blending traditional Islamic values with modern financial practices to create equitable and socially responsible financial solutions.

Mission

To provide a comprehensive education in economics, Islamic banking, and finance, cultivating future leaders with a strong ethical foundation and a deep understanding of both traditional Islamic principles and modern financial systems. Our mission is to equip students with the knowledge, skills, and critical thinking needed to excel in the global financial industry, while advancing research, innovation, and contributing to the development of sustainable and socially responsible financial practices.

Goals

  1. Offer Comprehensive Education in Economics and Islamic Banking
  2. Prepare Graduates for Ethical Financial Leadership
  3. Advance Research in Islamic Economics and Banking
  4. Contribute to the Development of the Islamic Finance Industry
  5. Enhance Collaboration with Financial Institutions and Regulatory Bodies
  6. Promote the Integration of Islamic Principles with Modern Financial Practices
  7. Support Lifelong Learning and Career Advancement
  8. Foster a Multicultural and Inclusive Environment
  9. Promote Financial Literacy and Social Responsibility

Career of Graduates

  • Graduates can work in the different Islamic banks, as students of this program will gain knowledge in the finance, accounting, management, banking and Sharia fields.
  • Graduates can work within productive projects that help in economics and society development.
  • In the central banks (Palestine Monetary Authority) in the supervision department that supervises Islamic banks.
  • In the Islamic and Takaful insurance companies.
  • In the financial consulting and financial Sharia investment fields (like speculative companies).
  • In the different financial and Sharia audit offices and companies.

Program Learning Outcomes

Upon completion of this program, students should be equipped with comprehensive knowledge, skills, and abilities to excel in their endeavors.

Good scientific and research knowledge and skills in the economics and Islamic banking.

Know the funding formulas and the forms of Islamic investment.

Ability to write and conduct scientific researches in the Islamic economic theory aspect and the Islamic financial means.

Employ the knowledge and skills to put Sharia solutions for the contemporary economic and financial problems, and develop the banking products.

Know the work environment, especially the Islamic banks and insurance companies.

Ability to apply Sahria and financial control tasks and audit on Islamic financial institutions.

Know the Islamic cooperative insurance concept and how it works instead of the traditional insurance system.

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