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Alhuda opens first Islamic Microfinance helpdesk in Pakistan
Islamic Micro-finance helpdesk is established by Alhuda – Centre of Islamic Banking and Economics (CIBE) for the objective to provide the technical and Shariah guidance to the local and international micro-finance institutions in the conversion process of micro-finance structure into Shariah compliance micro-finance.
 
 
 
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Dawood Islamic Bank Launched Khushhal Product
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Dawood Islamic Bank with a mission to be the best provider of customer centric Shariah’ compliant products and services in Pakistan has launched Khsuhhal a term deposit product for Employee Benefit Funds of salared staff. catering to the needs of corporate, corporations, government and Small and medium size organizations. KHUSHHAL will be the first of its kind product in Islamic Banking Industry featuring yield maximization, Free Takaful cover for life and accidental demise and attractive banking opportunities.

KHUSHHAL is launched in a prominent event conducted by Dawood Islamic Bank in association with Institute of Chartered Accountant Karachi. Members of ICAP including CFO and top financial decision makers of different industries attended the launch seminar.

Professor Mufti Muneeb ur Rehman, Shariah Advisor DIBL and Mr. Sidat Haider , partner and CEO Sidat Hyder and Co., discussed in detail the importance of Islamic Banking in current economic downturn and encouraged Dawood Islamic Bank for launching KHUSHHAL product and focusing on islamic banking in general. They also emphasized the industry players bring in such costumer focus Islamic banking products to further flourish the industry.
 
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