Bank Alfalah partners with AlHuda Centre of Islamic Banking and Economics to promote Islamic Banking in Pakistan

In a landmark development to promote Islamic Banking and Finance in the country, Pakistan’s leading financial institution Bank Alfalah has entered into an agreement with AlHuda Centre of Islamic Banking and Economics (CIBE), an international leader in human capital development for the Islamic financial services industry. 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 on 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 NaumanAnees, Head of Learning & Development Division at Bank Alfalah Limited, while sharing his thoughts on the development. “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 have 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. “The partnership is in line with our mission of developing human capital and assistingfinancial 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 organization 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.

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