The Institute of Islamic Banking and Finance, (IIBF), is part of the Zanzibar University as
an academic discipline, with its various branches is generally new in Tanzania’s academic
arena mainly in the universities. However, the discipline is increasingly being heard of and
practically put in practice by some banking institutions like Peoples Bank of Zanzibar,
Amana Bank and CRDB among others.
The IIBF has three core activities: to organize and carry out Islamic Banking and Finance
related research towards expanding knowledge frontiers, and therein support economic and
social development of Zanzibar, Tanzania and Africa at large; to participate in the teaching
of Islamic Banking and Finance- related courses in; and to provide professional services to
the wider public in the form of scientific advice and dissemination.
Academic Programs
Departments
Academic Staff
Teaching and learning are supported through qualified academic staff, industry
practitioners, case studies, internships, seminars, workshops, and collaboration with
financial institutions and regulatory bodies. The Institute also promotes research,
consultancy, and community outreach aimed at enhancing financial inclusion and sustainable
economic development.
Graduates of the Institute of Islamic Banking and Finance are well prepared for careers in
Islamic banks, conventional banks with Islamic windows, microfinance institutions, takaful
(Islamic insurance) companies, regulatory authorities, investment firms, NGOs, and academic
and research institutions, as well as for entrepreneurship and advanced studies.
Overall, this institute plays a significant role in advancing
ethical finance, promoting inclusive economic growth, and supporting the development of the
financial sector through education, research, and professional engagement.
Director