Islamic banking and finance industry has experienced exponential growth across the globe. This growth has created high demand for Islamic financial products and services. Regardless of this high growth there is a dearth of skilled human capital in the industry. In order to play its role in the promotion of Islamic finance education, the Centre for Excellence in Islamic Finance, Institute of Management Sciences (CEIF IMSciences) aims to introduce Master of Science in Islamic Business and Finance (MS IB&F). The program is particularly designed to develop the research side of the professionals, who can contribute to the depth of Islamic banking and finance industry through research and innovation to continuously boost the growth of Islamic financial markets, consequently, promote financial inclusion and development of the discipline. MS IB&F is a well-timed proposal, which can fulfill the dire need of leadership expertise for the exponentially growing Islamic banking and finance industry and will also advance the role of Institute of Management Sciences in meeting the higher education requirements of the country.