Meezan Bank, Pakistan’s first and largest Islamic Bank and Institute of Bankers, Pakistan (IBP), jointly organized a public awareness seminar on the ‘Concepts of Islamic Banking’ at IBP’s auditorium. Objective of the seminar was to increase awareness and address the key misconceptions and doubts about Islamic banking among the general public.
The seminar was attended by more than 150 participants, which included professionals from both the banking and non-banking sectors as well as students from various universities. Speaker at the seminar was Mr. Farhan Usmani, Unit Head, Shariah Audit and Islamic Financial Advisory Services at Meezan Bank. He briefed the audience about the concepts and application of modern day Islamic banking and also clarified the common misconceptions prevalent about Islamic banking.
The Seminar concluded with a detailed discussion and question / answer session in which Mr. Farhan Usmani, Mr. Abdullah Masood (Meezan Bank) and Shaikh Muhammad Asif (Meezan Bank) answered numerous queries regarding the differences between conventional and Islamic banking. The seminar was greatly appreciated by the participants who requested that more such sessions to be organized.