Having started as a business school in 1955, the Institute of Business Administration, Karachi has diversified its academic base over time in response to the needs of society and economy. One of the areas into which it has branched out recently is Islamic Finance.
The IBA's foray into Islamic Finance education is implemented through the Centre for Excellence in Islamic Finance (CEIF). Established in 2016, CEIF aims to strengthen professional human capital in the relevant industry through education, training and research.
The education channel offers a MS degree in Islamic Banking and Finance, following a rigorous program of study that is consistent with national and professional guidelines. The training channel offers certificate courses in a wide variety of topics related to Islamic Finance suited to the learning needs and time constraints of busy industry professionals. The research channel sponsors independent and collaborative work on issues of importance to policy and practice in Islamic Finance.
The World Islamic Finance Forum (WIFF) 2018 provides a platform for the discussion of the research programs of CEIF, its many global collaborators, and others. The fact that CEIF has organized this second global conference in Pakistan less than two years after the first WIFF in 2016 is testimony to the strong international interest in the subject of Islamic Finance and the emergence of Pakistan as a true centre of excellence in the field. I welcome the launch of WIFF 2018 and thank the organizers and co-sponsors who include INCEIF (Malaysia) and LUMS (Pakistan).
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