Pak-Qatar Takaful Group (PQTG), Pakistan's pioneer and largest Takaful group, recently at a special ceremony awarded the first-ever scholarship to Ammar Awais-highest meritorious student at the Institute of Business Administration -Centre of Excellence in Islamic Finance (IBA-CEIF), Karachi. The scholarship cheque was awarded by Managing Director of PQTG Said Gul. Dr Ishrat Husain, Chairman IBA-CEIF and other senior management team were also present on the occasion.
Pak Qatar Takaful Group is a strategic partner of IBA-CEIF and has collaborated with the institute nationwide to support valuable initiatives and academic programmes for nurturing qualified professionals with specialized skills in managing Shari'ah-Compliant financial business models.
This scholarship-awarding ceremony was attended by prominent personalities including, Dr Ishrat Husain, former Governor State Bank of Pakistan (SBP) along with the Chairman of CEIF-IBA. They were also accompanied by the Founding Director of IBA-CEIF Ahmed Ali Siddiqui, board members of CEIF-IBA and senior management of Pak-Qatar Takaful Group.
Addressing the ceremony, Dr Ishrat Husain stated, "It is always delightful to see the corporate sector supporting the academic programmes and professional training of business managers, with the vision to nurture a highly competitive workforce for a brighter future. Islamic Finance is a promising field that offers a myriad of career opportunities for the youth. I congratulate our brilliant student Ammar Awais for being rewarded with this valuable financial assistance for his specialized training."
Dr Ishrat Husain further said, "Over the years, Pak-Qatar Takaful has also carried out numerous activities and conferences in partnership with IBA-CEIF, including; The 'World Islamic Finance Forum' (WIFF), which invited global leaders in Islamic Finance, along with the representation of the most influential regulatory institutions like; State Bank of Pakistan, Securities and Exchange Commission of Pakistan (SECP), the World Bank and many other international institutions like; ICD (Private Sector Development Arm of IDB), AAOIFI, IIFM, CIMB Bank, Ernst & Young, IRTI, ISRA, Deloitte Touche, etc".
Said Gul Managing Director of the PQTG said, "We are extremely honoured to be associated with IBA-CEIF and our company's values are fully aligned with Dr Ishrat Husain's vision of promoting Islamic Finance across Pakistan. This scholarship is just one of many areas we look forward in contributing our common shared goal spreading Takaful as part of Islamic Finance as a Shari'ah compliant alternative to the people of Pakistan nationwide".
Said Gul further said, "Through the training being offered at IBA-CEIF, business managers of tomorrow will be able to gain clearer understanding and deeper insight of various Islamic business-models and services, including; Shari'ah-compliant Investments and Takaful (The Islamic alternative to Insurance). Moreover, the learned faculty and academic experts are building a solid foundation and knowledge-base for Islamic entrepreneurship, by engaging the Professionals, Entrepreneurs, Academicians, Finance Managers, Students, Human Resources Managers, Consultants and other stake-holders of the industry".-PR