KARACHI, November 26, 2024: Bank Alfalah has entered a strategic alliance with the Centre for Excellence in Islamic Finance (CEIF) at IMSciences, Peshawar, to accelerate growth and innovation in Pakistan’s Islamic finance sector.
The partnership focuses on fostering education, talent development, and industry growth. Key initiatives include sponsorships for deserving students, collaborative research to tackle emerging industry challenges, and knowledge-sharing platforms like seminars and workshops. Additionally, the collaboration will emphasize co-creating tailored academic curricula, developing innovative financial solutions, and strengthening ties with industry stakeholders.
Atif Bajwa, President and CEO of Bank Alfalah, stated, “We are thrilled to join hands with CEIF IMSciences to promote Islamic finance education, research, and innovation. This partnership demonstrates our dedication to nurturing the next generation of Islamic finance leaders and driving progress in the sector.”
Dr. Muhammad Mohsin Khan, Director General of IMSciences, echoed this sentiment, saying, “This collaboration with Bank Alfalah will enable us to advance education and research in Islamic finance. Together, we aim to build a pool of skilled professionals who will contribute to growth and innovation in the industry.”
This partnership underscores a shared vision of empowering the Islamic finance ecosystem through knowledge, collaboration, and innovation, paving the way for a robust and progressive future for the sector.