Director’s Remark

Assalamu’alaikum warahmatullāhi wabarakātuhu

The International Program for Islamic Economics and Finance (IPIEF) is proud of welcoming new Bachelor of Economics students to its programme.

Welcome to the International Program for Islamic Economics and Finance, Faculty of Economics and Business, Universitas Muhammadiyah Yogyakarta (IPIEF UMY). The program aims at promoting Towards Reputable Programme on Islamic Economics, Banking and Finance in ASEAN by 2021. To achieve such vision, IPIEF FEB UMY focuses its missions on internationalization, academic excellence, research core based, and empowering people.

We are the first international program for Islamic economics and finance in Indonesia. It is full time program with the length of study around 3 – 4 years. We provide outstanding scheme, both for theoretical and practical application of Islamic Economic and Finance. Our Curriculum, with its emphasis on research experience, are designed to students the competitive edge in academics, private market or public sector. We have strong traditional program in economics and finance, as well as Islamic knowledge that combines subjects to meet real world career goals.

Our partners are from the best universities in the world in which students have a great opportunity to involve in student exchange and credit transfer program. Our learning environment is structured around professional study requirements and students whom graduated from IPIEF UMY have the ability to generate and apply knowledge and the capacity to actively engage in the community to lead productive lives.

Wassalamu’alaikum warahmatullāhi wabarakātuhu


Dimas Bagus Wiranatakusuma, Ph.D

Director of International Program For Islamic Economics and Finance