About the Department

The Department of Economics and Islamic Banking was established as an independent department within the College of Economics and Administrative Sciences in response to the demands of the labor market. Its curriculum is distinguished by its consideration of Islamic financial and banking needs on local and international levels. This is intended to keep pace with the increasing number of Islamic banks and the size of their resources, in addition to taking into account the developments in Islamic banking and investment operations in a way that achieves a balance between collecting and investing deposits according to the circumstances of the environment in which the faculty members, who are specialists in the field of Islamic banking, are located.

Department Vision

The Department of Economics and Islamic Banking derives its vision from the vision of the College of Economics and Administrative Sciences, which stems from the vision of the Islamic University of Minnesota, which seeks to be a leader in academic and research work.

The department seeks to be the preferred choice for scholars and learners in the field of Islamic banking and to be at the top of the ranking of Islamic banking departments at universities in the countries of the Islamic world.

Department Mission

Preparing distinguished scientific and research competencies and qualifying students by providing them with the necessary knowledge of Islamic banking that qualifies them to hold successful positions in various Islamic banking sectors, and preparing students who combine economic sciences and Islamic Sharia sciences.

Department Goals

Providing society with scientific competencies in the field of Islamic banking.

Providing students with financial and Islamic banking knowledge to enable them to deal with contemporary financial and banking problems.

Providing students with fixed legal controls according to the legal texts and the variables that take into account flexibility in solving financial and banking problems according to the difference in time and place.

Overcoming economic problems and obstacles in society by benefiting from practical banking experience and deep academic research.

Attracting, qualifying, and motivating distinguished human cadres.

Supporting scientific and research production, and promoting researchers in the field of Islamic Sharia and banking sciences.

Establishing strategic partnerships and effective agreements with relevant parties to exchange experiences and knowledge.

Serving the community by holding scientific seminars, conferences, and lectures on Islamic banking in order to promote Islamic economic culture.

Academic Nature of the Major

The program aims to prepare specialized graduates in Islamic economic studies and Islamic banking.

Graduate Work Areas

• Banks: Working for Islamic banks that provide Islamic finance services.
• Teaching: Teaching Sharia sciences subjects and institutes and educational centers.
• Financial institutions: Working for finance companies.
• Insurance companies: Working for insurance companies in the finance and risk departments in various fields.
• Exchange companies: Working for currency exchange and exchange companies.
• Economic research centers: Working for centers and organizations specialized in preparing and publishing scientific research related to the fields of economics.
• General fields: Working in functional fields that require a bachelor's degree in any specialization, such as some coordination and supervision jobs.
• The endowment sector and institutions related to Hajj and Zakat funds.