Islamic banking: Meezan Bank signs MoU with JIBF

KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank, signed a memorandum of understanding (MoU) with the Journal of Islamic Banking and Finance (JIBF), one of the oldest Islamic finance research publications of Pakistan, under which Meezan Bank will contribute its research and articles on Islamic banking and finance to JIBF for publication, with the objective of bridging the gap between academia and industry. Meezan Bank will share case studies, research papers and articles with JIBF.

The agreement was jointly signed by Meezan Bank’s Head of Consumer Banking & Marketing Muhammad Raza and Unit Head Shariah Audit Farhanul Haq Usmani with JIBF’s Chairman Basheer Ahmed Chowdry and Chief Editor Aftab Siddiqui.

Ahmed Ali Siddiqui, head of product development and Shariah compliance at Meezan Bank said, “Meezan Bank’s efforts are focused towards its vision of establishing Islamic banking as banking of first choice.”

Published in The Express Tribune, March 27^th, 2013.

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