ABL, IIUI ink MoU to promote Islamic banking
ISLAMABAD—The Islamic Banking Group of Allied Bank, Pakistan’s leading Commercial Bank, and International Islamic University Islamabad (IIUI), Pakistan’s leading university of international repute, has signed a Memorandum of Understanding (MoU). The ceremony held at University’s Campus and MoU was signed by Shafique Ahmed Uqaili, Chief HRG Allied Bank Ltd and Dr. Ahmed Yousif Ahmed Al Draiweesh, President International Islamic University, Islamabad. Muhammad Idrees - Chief Islamic Banking Group and other senior executives of Allied Bank as well as of the International Islamic University were also present at the occasion.
The purpose of this MoU is to promote learning, research and development awareness of Islamic Banking and Finance across the country. The MoU focuses on robust collaboration on various joint activities including development and to collaborate offering in-house customized executive development programs at various levels on Islamic Banking and finance, and also participation of Allied Bank Islamic Banking Group employees (staff) as guest speakers in the executive programs at IIUI.
ABL–IBG would also play positive role towards creating job opportunities for the graduates of IIUI. Besides training programmes, IIUI may contribute in the field of products and services through its research. Islamic Banking Branch (IBB) Network of Allied Bank has reached to 28 branches and is presently operating in 14 cities across the country. The IBB customers have online access to their accounts through the country wide branch network of ABL spread over 1050+ branches. ABL IBG aims to open many new branches in the year 2016 and beyond.