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Center for Excellence in Islamic Finance being inaugurated at IBA Karachi

December 1st, 2015

The event was organized on Friday, November 27, 2015 and attended by entire Islamic Banking industry including CEOs of Islamic Banks and their top management. Federal Minister of Finance, Mr. Ishaq Dar was the honorable Chief Guest of the inauguration. Governor State Bank, Mr. Ashraf Wathra was also present at the ceremony.

Dr. Ishrat Hussain, Dean and Director of the Institute of Business Administration Karachi, while addressing the audience acknowledged the support of Meezan Bank as the strategic partner of this center. He further commented that the collaboration with Meezan Bank will enable the center to become a top center in Islamic Banking.

Mr. Ishaq Dar has reaffirmed the government’s commitment for promotion of Islamic Finance. He urged the business community to opt for Islamic Finance as the first choice of meeting their financing needs. He also remarked that he wants to see the Islamic Banking industry to achieve at least 20%-30% of the entire Banking industry of the country.

Mr. Ahmed Ali Siddiqui, Founding Director – CEIF & Head of Product Development & Shariah Compliance – Meezan Bank briefed the audience on the plans of the center and how it plans to support the Islamic Banking industry’s need for quality training courses and human resources with Shariah knowledge.

Center for Excellence in Islamic Finance being inaugurated at IBA Karachi 2015