Bank Alfalah, AlHuda CIBE sign MoU to promote Islamic banking

To promote Islamic Banking and Finance in the country, Bank Alfalah has entered into an agreement with AlHuda Centre of Islamic Banking and Economics (CIBE). The MoU will act as a gateway to facilitate the promotion and development of Islamic Banking nationally and internationally in a more structured manner. The partnership will entail Collaborative Advisory Services, Faculty Exchange Program, Collaborative Trainings & Seminars, and Collaborative In-House Sessions at both national and international levels.
"We are excited to be partners with the world's leading Islamic financing institution for development and promotion of Islamic finance and banking in Pakistan," said Mr Ahmed Nauman Anees, Head of Learning & Development Division at Bank Alfalah Limited, while sharing his thoughts on the development.
He said, "I personally thank Mr Zubair Mughal, CEO, AlHuda CIBE, for his keen interest in exploring avenues to collaboratively promote human capital development in the field of Islamic Finance on both national and global scales." Mr Anees also shed light on the initiatives taken by the Bank's Human Resource & Learning Group (HRLG) for its human capital development, and elaborated the roadmap for 2017 and future years.
"We are pleased to be partnered with Pakistan's premium banking institution Bank Alfalah for the promotion of Islamic Finance in the country," said Mr Zubair Mughal, CEO, AlHuda CIBE. He added, "The partnership is in line with our mission of developing human capital and assisting financial institutions to develop Islamic banking, finance, and microfinance alternatives by means of our international expertise, research, capacity building services, and trainings." AlHuda Centre of Islamic Banking and Islamic Economics (CIBE) is an international organisation for education, training, awareness and Islamic Financial product development. It conducts training sessions of Islamic Banking, Takaful & Sukuk for Islamic Banks and other financial institutions besides providing advisory in the field of Islamic Banking & Finance.-PR