Department of Management Sciences – Islamic Banking Seminar under Young Islamic Banking Professionals Program (Y-IBP) Concludes Successfully

The Department of Management Sciences (DMS) takes immense pride in our commitment to fostering a culture of growth and excellence in students. On Thursday, October 5th, 2023, the Department of Management Sciences (DMS) proudly hosted a one-day workshop on the “Fundamentals of Islamic Banking.” This workshop was organized under the Young Islamic Banking Professionals Program (Y-IBP), established by the State Bank of Pakistan (SBP).

This significant event underscored the unwavering commitment of DMS to empower its students with real-world insights and opportunities. The success of this workshop would not have been possible without the dedication and hard work of our esteemed faculty members, namely, Mr. Asad Rafaq and Dr. Syed Qasim Shah. Their efforts were further reinforced by the unwavering support of the Head of Department, the patronage of the Campus Director, and the invaluable contributions of our distinguished guests.

Distinguished Guests in Attendance

The seminar was graced by the presence of notable guests who shared their expertise and insights with our students:

Mr. Niamat Ullah Khan (Joint Director SBP): Mr. Khan, a prominent figure in the field of Islamic banking, shared his valuable knowledge and experiences with the attendees. Mr. Sakhawat Ali Khan (Assistant Director SBP): Mr. Khan provided a unique perspective on the intricacies of Islamic banking operations. Ms. Sumaira Javed (Bank of Khyber, Abbottabad): Ms. Javed offered practical insights from her role in the banking industry, enriching the seminar with real-world perspectives.Mufti Fazli Hakeem (Head, Shariah Review and Compliance, Bank of Khyber): Mufti Hakeem delivered an engaging lecture and workshop to the students, providing them with a deeper understanding of Islamic banking principles and their practical applications.

Unlocking Opportunities for Students

This seminar was not just an informative session; it was a gateway to various opportunities for our students.

Certifications: Based on quiz marks, 10 students have qualified for upcoming Fundamentals of Islamic Banking Operations (FIBO) and/or Islamic Banking Branch Operations (IBBO) certifications. National Institute of Banking & Finance (NIBAF) has scheduled a 5-day Fundamentals of Islamic Banking Operations (FIBO) in Abbottabad from 9th -13th October 2023 for these students.

Internship Programs: Partner banks have expressed interest in offering internship programs to our students, creating invaluable hands-on experiences.

Industry Visits: We are in the process of arranging industry visits to banks, providing students with practical exposure to the workings of the banking industry.

Additionally, they have the prospect of participating in internship programs offered by partner banks and industry visits that will provide them with hands-on experience in the banking sector.

A Journey Towards Excellence: At the Department of Management Sciences, we are committed to nurturing excellence in management education. This seminar is just one of the many initiatives we undertake to provide our students with a comprehensive and enriching educational experience that extends beyond the classroom.

We extend our heartfelt gratitude to our distinguished guests for their invaluable contributions, and we thank our faculty members for their tireless efforts in making this event a success. Stay tuned for more exciting updates and events on our website as we continue to pave the way for our students’ success and growth.