The Centre for Excellence in Islamic Finance (CEIF) is collaboratively established by the Institute of Management Sciences, Peshawar and the State Bank of Pakistan to spur financial inclusion in Pakistan.

The strategy of the CEIF is designed on threefold orientations namely academia, research, and industry efforts to boost-up Islamic finance and financial inclusion through it. The CEIF provides a long-term and sustained platform through which the educationalists, researchers, and practitioners alike take benefit to holistically advance the Islamic Finance and hence the financial inclusion of the society.

The CEIF is established through a highly competitive process started in January 2015. The Federal Finance Minister Pakistan, the Governor State Bank of Pakistan, and the Chairman Higher Education Commission have jointly invited the VCs of Universities in Pakistan to submit proposals for the establishment of the centres. After multiple stages, competitive evaluations and presentations IMSciences is awarded the financial innovation challenge fund to establish the CEIF, alongside LUMS and IBA, the two other leading business schools in the country. Since, then CEIF IMSciences became the country’s largest Islamic finance education provider, offering PhD, MBA, and PGD in Islamic finance. CEIF has also produced cutting-edge research and industry impact in collaboration with the world leading resource centres such as Durham Centre for Islamic Finance, IRTI, Islamic Development Bank, Brunel University UK, and All Islamic Banks in the Country”.

Vision

To be the premier centre for Islamic finance research, education, and practice.

Mission

To be a centre of excellence for Islamic Finance recognized nationally and internationally, for the contribution to Islamic Finance research, education, and practice.