Centre for Islamic Economics- CIE

Centre for Islamic Economics- CIE Centre for Islamic Econimics As a result of this noble desire, Islamic Banking & Finance has witnessed an exponential growth worldwide.

ABOUT CIE :
Centuries of imperialistic rule has made the Muslims forget the basic message of Islam which emphasizes on following the Shari’ah guidelines in our Mu’amulat (routine dealing) and Mu’asharat (social system) with a similar zeal as we follow these rules in our Ibadaat (prayers). This despicable situation has resulted in making the whole economic and social system of all the Muslim nation

s totally dependent on menaces like Riba or Interest which is clearly declared Haram (prohibited) in Islam. Nevertheless, there seems to be a ray of hope, as there is an increasing desire of awareness among a considerable portion of Muslims in Pakistan and all over the Muslim world who realize that now its time to inculcate the teachings of Islam in their economic as well as social life. Most of the leading banks throughout the globe have started offering Shari’ah compliant financial products & services to their customers. Keeping into consideration the emerging importance of this field a need arises for an organized forum which on one had, equip the younger lot with the education of Islamic economics and on the other hand, train the professionals in the practical field so that they can switch their current day business practices on Shari’ah guidelines Centre for Islamic Economics (CIE), a division of Jamia Darul Uloom Karachi, looks forward to fulfill this need. Centre for Islamic Economics (CIE) was founded on 22nd Safar 1413 i.e. 22nd August 1992 within premises of Masjid-e-Baitul Mukarram, block-8, Gulshan-e-Iqbal, Karachi. The basic rationale for setting up this institution is to propagate the guidelines of an Islamic Economics System by undertaking research to enable the economic, financial and banking activities in Pakistan and other Muslim countries to conform to Shari’ah and to extend training facilities to personnel engaged in economic development activities in the Muslim world.

Build Your Career in Islamic Finance with CIE The future of banking & Takaful is Shariah-compliant. Are you ready? Centr...
30/06/2026

Build Your Career in Islamic Finance with CIE

The future of banking & Takaful is Shariah-compliant. Are you ready?

Centre for Islamic Economics, Jamia Darul Uloom Karachi presents:
1-Year Post Graduate Diploma in Islamic Banking & Takaful

Under the supervision of: Hazrat Molana M***i Muhammad Taqi Usmani Sahab Damat Barkatuhum

What you’ll gain:
✅ Usool-ul-Fiqh, Riba, Qimar, Gharar & Islamic Contracts
✅ Islamic Financial Products, Modes of Financing & Liability Management
✅ Takaful, Trade Finance & Management of Islamic Institutions

Who can apply: Ulama, University/Madaris Students, Banking & Non-Banking Professionals | Male & Female

Special Discounts: 50% for Ulama | 25% for Students | 20% for Groups
Online Access: Google Meet + Recorded Lectures

📅 Last Date to Register: 10 July 2026
Registration form: https://forms.gle/rV9GuWksXxsuFWyD7
📍 Baitul Mukarram Campus, Gulshan-e-Iqbal, Karachi

📞 +92 334 1128747 | 📧 [email protected] | 🌐 http://WWW.CIE.PK

***iTaqiUsmani

Taqabbal Allahu minna wa minkum.As we celebrate Eid ul Adha, we reflect on the profound lessons of sacrifice, sincerity,...
27/05/2026

Taqabbal Allahu minna wa minkum.

As we celebrate Eid ul Adha, we reflect on the profound lessons of sacrifice, sincerity, and submission taught by Prophet Ibrahim (AS). May this spirit inspire us to uphold justice, ethics, and service in all our endeavors.

From the faculty and team at Centre for Islamic Economics – Jamia Darul Uloom Karachi, we pray this Eid brings barakah, peace, and acceptance to you and your loved ones.

Labbaik Allahumma Labbaik. As millions of pilgrims gather in Makkah, we make du'a that Allah accepts the Hajj of all Huj...
26/05/2026

Labbaik Allahumma Labbaik.

As millions of pilgrims gather in Makkah, we make du'a that Allah accepts the Hajj of all Hujjaj, forgives their sins, and grants them Hajj Mabroor.

May these blessed days inspire us all toward sincerity, sacrifice, and renewal of faith.

From the team at Centre for Islamic Economics – Jamia Darul Uloom Karachi, Hajj Mubarak to you and your loved ones.

Master the Standards That Shape Islamic FinanceAn important standard — Guarantees — is being taught by the very senior s...
14/05/2026

Master the Standards That Shape Islamic Finance

An important standard — Guarantees — is being taught by the very senior scholar M***i Abdullah Najeeb Siddiqui as part of our specialized program.

This is one of the key modules offered by our Islamic Economics Centre to prepare candidates for CASS certification. Designed for professionals and students aiming to build strong technical grounding in Shariah standards and practical application.

Learn directly from scholars with deep expertise. Build the knowledge that matters in today’s Islamic finance sector.

***iAbdullahNajeebSiddiqui

Alhamdulillah! A landmark partnership for excellence in Islamic finance: UBL Ameen and the Centre for Islamic Economics-...
09/04/2026

Alhamdulillah! A landmark partnership for excellence in Islamic finance: UBL Ameen and the Centre for Islamic Economics- CIE—A Division of Jamia Darul Uloom Karachi—have officially signed a Memorandum of Understanding.

Under this strategic agreement, CIE—the pioneer and oldest capacity-building institute in the field—will spearhead comprehensive Islamic finance training and human capital development for UBL Ameen’s workforce nationwide.

The MoU was signed by Dr M***i Muhammad Imran Usmani (Director, CIE) and Mr. Ejaz Farooq (Deputy CEO, UBL), solidifying a shared commitment to rigorous Shari’ah compliance and continuous professional growth.

We look forward to the profound impact this collaboration will have on the future of the industry.

Eid Mubarak! May this Eid bring peace, prosperity, and blessings to all! At the Centre for Islamic Economics, we strive ...
21/03/2026

Eid Mubarak! May this Eid bring peace, prosperity, and blessings to all! At the Centre for Islamic Economics, we strive to illuminate the principles of Islamic economics for a just society.

The Messenger of Allah (ﷺ) said:There should be neither harming nor reciprocating harm. Sunan Ibn Majah 2340            ...
19/03/2026

The Messenger of Allah (ﷺ) said:
There should be neither harming nor reciprocating harm. Sunan Ibn Majah 2340

Gharar (Uncertainty), Islam prohibits excessive ambiguity in commercial contracts. The Messenger of Allah (ﷺ) forbade Gh...
17/03/2026

Gharar (Uncertainty), Islam prohibits excessive ambiguity in commercial contracts. The Messenger of Allah (ﷺ) forbade Gharar transactions (Sunan Ibn Majah 2195). Clear contracts prevent disputes, exploitation, and unjust enrichment.

We bring the principles of Asset-Backed Financing into your professional practice, aligning wealth generation with real ...
15/03/2026

We bring the principles of Asset-Backed Financing into your professional practice, aligning wealth generation with real economic activity and Islamic values. Let this holy month inspire you to build transparent, Shariah‑compliant financial strategies that shield your business from speculative bubbles.

Empower your business & personal growth with the spirit of Sadaqah (charity) this Ramadan!The Prophet ﷺ said, “Charity d...
13/03/2026

Empower your business & personal growth with the spirit of Sadaqah (charity) this Ramadan!The Prophet ﷺ said, “Charity does not decrease wealth” (Sahih Muslim 2588). Our corporate & individual training programs teach how giving increases barakah and circulates wealth, aligning corporate social responsibility with Islam’s economic objectives to prevent capital concentration.

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Jamia Darul Uloom Karachi
Karachi
75180

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