Center for Islamic Business and Economic Studies (CI-BEST) LPPM IPB, has existed de facto since its soft launch on January 25, 2007, under the name Pusat Kajian Pembangunan Syariah (PKPS) IPB.

On October 4, 2011, CI-BEST was officially inaugurated by the Rector of IPB University based on Rector’s Decree No. 147/I3/OT/2011, following approval by the IPB Academic Senate. Now CI-BEST runs according to its mandate under the coordination of LRI SEK IPB University.