KARACHI, 25 November 2024: In a pioneering move to address the growing demand for skilled professionals in the Islamic finance sector, Pak-Qatar Group (PQG), a leading name in the country’s Islamic financial services, has entered into a strategic partnership with ILMA University. The partnership was formalized through the signing of a Memorandum of Understanding (MoU), setting the stage for a long-term collaboration aimed at enhancing the talent pool within the Islamic finance and Takaful industries.
This agreement comes at a critical time when the need for expertise in Islamic finance, including Takaful, is at an all-time high in Pakistan. The partnership is designed to leverage ILMA University’s robust academic framework and its talented pool of graduates specialized in business and technology, with the ultimate goal of addressing the industry’s capacity challenges.
Through this collaboration, Pak-Qatar Family Takaful Limited, a subsidiary of PQG, will benefit from an influx of skilled professionals who will contribute to improving service quality and innovation in the field. The university’s graduates will be provided with ample opportunities to engage in real-world projects, gaining valuable industry experience while simultaneously enriching the operations of Pak-Qatar Group.
Speaking at the signing ceremony, Mr. Kamran Ali Khan, Head of Human Resources and Training at Pak-Qatar Group, highlighted the importance of the partnership. “We are thrilled to collaborate with ILMA University and tap into their vast pool of talented professionals. Their expertise in business and technology aligns perfectly with our mission to offer state-of-the-art Islamic financial solutions. This collaboration not only benefits our company but also contributes to the overall development of the Islamic finance sector in Pakistan,” he remarked.
ILMA University, known for its strong academic foundation and innovative approach, will play a vital role in equipping future leaders of the Islamic finance sector. This partnership also aims to bridge the gap between academia and industry, fostering a new generation of professionals equipped to meet the challenges and demands of a fast-evolving financial landscape.
This initiative marks a significant milestone in Pak-Qatar Group’s ongoing efforts to expand its footprint in the Islamic finance industry while investing in human capital that will help drive its vision forward. As both organizations work closely to nurture and develop new talent, the collaboration is set to shape the future of Islamic finance in Pakistan and beyond.
