The International Islamic University (IIU) on Tuesday signed two memorandum of understanding (MoUs) with Fast cables limited under which the former will make an annual Zakat donation of the minimum 02 million rupees as well as it will also award a cash prize of 1 lac rupees to the students scoring high CGPA in their finals year of studies.
The MoUs were signed by President IIUI Dr. Hathal Hamoud Alotaibi and Managing Director Fast Cables Limited, Mr. Kamal Mian during a ceremony held in new campus of the university. The ceremony was also attended by renowned social impact investor Mr. Mansoor Shakeel Vice President Administration and Finance, Dr. Nabi Bux Jumani. Vice President Research and Enterprise, Dr. Ahmed Shuja Syed, Director General International Institute for Islamic Economics (IIIE), Dr. Abdul Rasheed, Director UAFA Ms. Nuzhat Zareen, Incharge Alumni office, Dr. Sonia Irum and other relevant officials.
As per agreements, the IIUI and Fast cables agreed to encourage and promote education, training and research in different areas of learning such as social, natural, applied and communication sciences with special emphasis on Islamic learning.