(Publish from Houston Texas USA)
(By Zafar Chishti, Bureau Chief Punjab Pakistan)
UAF Meezan Bank MoU to boost Islamic finance education and professional training
The University of Agriculture Faisalabad (UAF) and Meezan Bank Limited on Monday renewed Memorandum of Understanding to promote higher education and professional development courses and training in the field of Islamic Banking and Finance. The Bank gave a Cheque of Rs 5 million to UAF for the said purpose.The MoU was duly inked by UAF Vice Chancellor Prof Dr Zulfiqar Ali and Meezan Bank Regional Manager Faisalabad Moazam Saeed. The MoU was signed in the presence of Director External Linkages Dr Muhammad Tehseen Azhar, Director Institute of Business Management Sciences Dr Abdul Ghafoor, UAF focal person Dr Sahar Munir, Meezan Bank Regional Coordinator Nadeem Sohail and MBL focal person Huzaifa Akhtar.
According to the agreement, both institutions will collaborate to run the operation of Center of Islamic Finance (CIF) at the Institute of Business Management Sciences (IBMS) UAF. The initiative aims to equip students and professionals with contemporary knowledge and technical expertise in Islamic finance while strengthening industry-academia linkages.According to MoU, the Center will offer academic programs, professional training courses, workshops and research opportunities at graduate and postgraduate level. It also serves as a platform for industry engagement through seminars, case studies and collaborative research. Meezan Bank will support the initiative by providing technical expertise, training resources, content development, financial assistance and policy discussions involving scholars, industry experts and stakeholders
Prof Dr Zulfiqar Ali praised the steps being taken on the part of the Bank to the flourish the Islamic financing system and education. He said that Islamic banking is a growing sector globally. He added that the university is committed to equipping students with modern knowledge and skills.
Moazam Saeed said that the Bank has vision to establish Islamic banking as banking of first choice to facilitate the implementation of an equitable economic system. He said that to be a premier Islamic bank, MBL was offering a one-stop shop for innovative value-added products and services within the bounds of Shariah.
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