AlHuda CIBE FZ LLE, UAE and CEIF Pakistan sign MoU


Observer Report


Islamic finance, the globally emerging phenomenon is captivated its roots in Muslim, European countries and in America as well. The built-in features of sustainability and best alternative financial solution make this phenomenon prominent and attracts the attention of professionals and researchers. Keeping in view the importance, AlHuda CIBE FZ LLE, Dubai- UAE and Center of Excellence in Islamic Finance (CEIF), Institute of Management Sciences (IM Sciences), Peshawar- Pakistan have entered into a Memorandum of Understanding (MOU). Mr. Zubair Mughal, the CEO of AlHuda CIBE said that Islamic finance is not only the interest of Muslim population rather non-Muslims are taking keen interest to learn and implement it. There are various non-Muslim countries where Islamic banking and finance is providing their customers state-of-the-art services above all religious differences. He added that according to this MoU, both organizations will work together to strengthen the abilities of Islamic banking and finance.