Mizan Bank Limited and Riphah International University, Tuesday signed a memorandum of understanding (MoU) to collaborate for launching an industry focused MBA programme in Islamic Banking and Finance, says a press release.
The MoU was signed by the Vice Chancellor of Riphah International University Professor Dr. Anis Ahmed and the Shariah Advisor of Mizan Bank Limited Dr. Imran Usmani at Al-Mizan campus of Riphah International University in Rawalpindi on behalf of their respective organisations.
Present on the occasion were Director Riphah Centre of Islamic Business Khurram Khan and other senior officials of Riphah International University and Mizan Bank Limited.
The collaboration is aimed at developing professionals with specialisation in Islamic Banking and Finance which is gaining unprecedented acceptance and growth not only in Pakistan but internationally as well. The programme will help to overcome the dearth of qualified and trade professionals in this particular field in Pakistan and other countries interested in Islamic banking and finance.
Under the MoU the Mizan Bank Limited, established and functioning to provide ‘riba’ free banking services, will collaborate with Riphah International University in curriculum designing for Islamic Banking and Finance courses. It will also assist in formation of an international advisory board to guide the university in conducting the Islamic banking and finance electives. Riphah International University will be responsible for designing and running the program of MBA as per specifications of the advisory board and HEC guidelines.
Source : thenews