The basic objective of First Islamic Micro Finance Bank (FIMFB) is to provide of micro finance facilities to small growers. This was stated by G M Shahid, President of First Islamic Micro Financing Bank (FIMFB) while talking to the traders and industrialists during his visit to Hyderabad Chamber of Commerce and Industry (HCCI) here on Thursday.
The FIMFB will provide micro financing to growers on the guarantee of repayment of Islamic Micro Financing and in this regard conversation is going on with sugar mills owners.
"We have Shariah advisers who will work after taking financing review and deposit is also being secured," the president FIMFB said.
He said he had old relations with the traders, industrialists and growers of Hyderabad, adding that the business community of Hyderabad should corporate with First Islamic Micro Finance Bank.
Hyderabad Chamber's senior vice president Turab Ali Khaja and vice president Nawab Ahmed Khanzada also spoke the ceremony.
Abdul Qayoom Nusrat, Zulfiqar Ali Chohan, Yusuf Dada, Masood Baig and others were also present on the occasion.