IIIE was established in August 1983 with the primary objective to endeavor for an Islamic Economic Paradigm and to prepare scholars equipped with appropriately blended knowledge of Shariah injunctions and the mainstream economics. The ultimate objective is Islamization of the economic and financial system of the Muslim societies. The School of Economics is organizing the academic programs of the i
nstitute. The faculty is expanding vertically and horizontally. It has been offering the academic programs at Bachelor (B.Sc- Honours), Master (M.Sc) and Doctorate (Ph.D.) levels in Economics from the very date of its establishment. Later on, new programs have been added from time to time, like the Post-Graduate Diploma in Islamic Banking & Finance, B.Sc (Hon), M.Sc. and M.Phil in Economics & Finance and Islamic Banking & Finance, M.Phil leading to Ph.D. in Econometrics and Master program in Rural Development. The Institute carries out its academic programs for female students through the Department of Economics in the Women Campus of the University. There is a well established Research and Training Division, which is responsible for promoting research in the mainstream and Islamic Economics as well as for providing training facilities to the staff employed in Academic and Financial institutions, both public and private.
