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Awqaf South Africa and AlHuda-CIBE sign an MOU at Johannesburg
AWQAF SA and Pakistan based Al Huda Centre of Islamic Banking and Economics (Al Huda CIBE) formally entered into a Memorandum Of Understanding (MOU) at Gallagher Estate, Sandton , Johannesburg, at the closure of the International Conference on Islamic Banking and Finance in Africa organized by AlHuda CIBE.....
 
Mr. Zuair Mughal, CEO Alhuda CIBE & Mr. Zeniel Kajee CEO Awqaf South Africa at MOU signing Ceremony
 
 
 
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A Glorious Future of Islamic Banking exists in Pakistan:
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Mr. Saleemullah, Director Islamic Banking, SBP.

A seminar on Islamic Banking and Finance was held by the joint association of AlHuda Centre of Islamic Banking and Economics and Karachi Chamber of Commerce and Industry. Mr. Saleemullah, Director Islamic Banking, State Bank of Pakistan was present as a Guest of Honor in the seminar and Mr. Abdul Majeed Haji Muhammad, President, KCCI chaired the seminar. Mr. Saqib Zeeshan, Corporate Head, Pak Qatar Takaful, Mr. Salman Ali, Head of Product Development, Meezan Bank and Mr. Zubair Mughal, CEO, AlHuda Centre of Islamic Banking and Economics delivered their speeches on different aspects of Islamic banking and finance. The prograame was successfully held with the kind patronage of Mr. Atiq ur Rehman, Chairman, Banking and Association Committee, KCCI.

Addressing to the seminar, Mr. Saleemullah, Head of Islamic Banking, State Bank of Pakistan said that Islamic banking and finance is fastly developing in Pakistan. He further added that Islamic banking and finance is supposed to promote up to 12% in 2010 in Pakistan. He emphasized on all the stakeholders of Islamic banking and finance in Pakistan to join hands with each other for its promotion and he praised the effort of AlHuda Centre of Islamic Banking and Economics to promote this cause. He added that there is glorious future of Islamic banking exists in Pakistan. Before that, Mr. Abdul Majeed, President, Karachi Chamber of Commerce & Industry eulogized the seminar on the topic of Islamic Banking and Takaful in KCCI. He exclaimed that the industrialists in Pakistan welcomed Islamic banking openheartedly and they have started utilizing Islamic banking for catering their industrial needs. He said to the Islamic banking to extend their products so that the industrialists could benefit from them and they should only rely on Islamic banking for their needs. Mr. Ateeq ur Rehman, Chairman Banking and Insurance Company, KCCI said that Islamic banking and Takaful is promoting in Pakistan very fastly. He wished for the promotion of investment and Islamic banking and Takaful.

Mr. Zubair Mughal, Chief Executive Officer, AlHuda Centre of Islamic Banking and Economics said that we have organized the road show for the promotion of Islamic Banking and Takaful. In this road show more than 200 seminars are organized in various press clubs and bar associations of almost all major cities of Pakistan. The road show aimed at promoting the awareness of Islamic Banking and Finance in major sectors of Pakistan. He further revealed that AlHuda CIBE after organizing the national awareness road show on Islamic Banking and Finance aims to organize International road show in which it will organize Islamic banking and finance programmes in South Africa, Kenya, Kazakhstan, Sri Lanka and Mauritius etc. In this connection, first International conference on Islamic banking and finance is taking place on 14th and 15th April 2010 in Johannesburg, South Africa so that Islamic banking and finance could be promoted in international market successfully.
 
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