To strengthen the link between industry and academia in Islamic Finance & Economics, the IBA Centre for Excellence in Islamic Finance (IBA CEIF), a platform for discovery and dissemination of knowledge in the field of Islamic Finance and Mettis Global Pvt. Ltd, a leading financial data provider, has agreed to join hands.
In this connection, the Memorandum of Understanding (MoU) was signed by Ahmed Ali Siddiqui, Director IBA CEIF and Faisal Abdullah, Director-Mettis Global Pvt. Ltd on November 10, 2021, at the IBA City Campus, Karachi.
Mettis Global is very keen to partner with IBA CEIF through establishing an “Islamic Window Portal” with a suitable dataset to cater for the needs of research about Islamic finance, Faisal Abdullah, Director-Mettis Global, said.
“We believe that student and IBA faculty will immensely benefit from Mettis data to execute the research objectives,” he added.
As per the State Bank of Pakistan (SBP’s) strategic plan 2025, Islamic Banking is one of the evolving fields, having a share of 18% and expected to cover 30% of the industry by the end of 2025. This robust development in the Islamic Banking and Finance requires an effective mechanism between industry and academia.
As per the MoU, Mettis Global will develop an Islamic window, and IBA CEIF would be the best knowledge partner for developing the said window. Meanwhile, Mettis Global will provide free access to faculty members and students of IBA to its financial portal viz “MG Link”.
In addition, Mettis would also offer internships to the IBA Students to gain experience in the financial sector under a thriving atmosphere.
The MoU signing ceremony was attended by Muhammad Noman, Head of Sales, Mettis Global, Urooj Farooq, Assistant Manager Digital Marketing, Mettis Global, and Zia Khalid, Senior Program Manager IBA CEIF.