A delegation of NBFI & Modaraba Association of Pakistan led by its Chairman Muhammad Shoaib Ibrahim, consisting of Basheer A Chowdry, Raheel Q Ahmad, Ahsanullah Khan and Muhammad Samiullah visited FPCCI to congratulate Mian Anjum Nisar on his election as President of FPCCI.

He said that this is a great success of the business industry in Pakistan and hope that with the experience and able leadership qualities of Mian Anjum Nisar, FPCCI will become a remarkable platform for the businessmen and financial sector.

He also gave a brief presentation on the working and performance of the NBFI & Modaraba sector.

While congratulating him, Shoaib emphasized that awareness is essential to promote modaraba and leasing models for the growth of Islamic financing industry in the country and said that the Association seeks support of the FPCCI for the purpose.

Mian Anjum Nisar appreciated the efforts being made by NBFI & Modaraba sector for the promotion of Islamic modes of financing and assured that FPCCI and Chambers will fully support the NBFI & Modaraba Association for arranging awareness sessions through the platform of FPCCI throughout the country for giving awareness of the Modaraba and leasing models to the business community and encourage them to enter in this business.

He said the country is currently facing many challenges and uncertainty is prevailing among the businessmen and even in general public. However, FPCCI is doing its best to combat with these challenges and improve the situation in the business industry. He announced that FPCCI has appointed Muhammad Shoaib Ibrahim as Convener of FPCCI Standing Committee on NBFI & Modaraba.

During the session a number of other matters were also discussed and it was reiterated that FPCCI and NBFI & Modaraba Association should jointly work for the betterment and growth of the Islamic finance in the country through workshops/seminars and awareness sessions.

Mian Anjum Nisar presented a memento of FPCCI to Muhammad Shoaib Ibrahim.

Mian Anjum Nisar, President, FPCCI is presenting a memento to Muhammad Shoaib Ibrahim, Chairman, NBFI & Modaraba Association of Pakistan.-PR