Pak Qatar Takaful awards first-ever Scholarship to IBA-CEIF Student

The Managing Director of Pak-Qatar Takaful Group – Mr. Said Gul awarded a Scholarship to Ammar Awais – a student of IBA - Centre of Excellence in Islamic Finance (IBA-CEIF) in Karachi. The Chairman of IBA-CEIF - Dr. Ishrat Husain and other senior management team also graced the ceremony.

KARACHI: Pak-Qatar Takaful Group (PQTG), Pakistan’s pioneer and largest Takaful Group, recently held a special ceremony to award 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 – Mr. Said Gul. The Chairman of IBA-CEIF – Dr. Ishrat Husain and other senior management team were also present at 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 graced by prominent personalities including:
Dr. Ishrat Husain – Former Governor State Bank of Pakistan (SBP) & 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 PQTG.

Addressing the graceful ceremony, Dr. Ishrat Husain stated that; “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 would like to congratulate our brilliant student Mr. 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). The event invited global leaders in Islamic Finance, along with the representation of the most influential regulatory institutions like; State Bank of Pakistan, Securities & 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”.

Mr. Said Gul, Managing Director of PQTG said, “We are honored to be associated with IBA-CEIF as the corporate values are fully aligned with this prestigious institution. Dr. Ishrat Husain has a great vision to promote Islamic Finance across Pakistan. This scholarship is just one of our numerous contributions to achieve our shared goal, to spread Takaful as a Shari’ah compliant financing alternative for the people of Pakistan”. 

Mr. 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. Moreover, the learned faculty and academic experts are building a solid foundation and knowledge-base for Islamic entrepreneurship, by engaging renowned Professionals, Entrepreneurs, Academicians, Finance Managers, Students, Human Resources Managers, Consultants and other stake-holders of the industry”.