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KARACHI: Meezan Bank, a leading Islamic financial institution in Pakistan, has partnered with The Institute of Chartered Accountants of Pakistan (ICAP) to establish a Centre for Islamic Finance. The collaboration aims to enhance professional capacity in the Islamic banking sector through comprehensive education, training, and certification programs.
ICAP, a regulatory body formed under the Chartered Accountants Ordinance of 1961, is committed to the development of accountants and finance professionals. This new initiative seeks to address the increasing demand for expertise in Islamic finance by providing specialized training to auditors, accountants, and regulators. The focus is on equipping professionals with knowledge in Shariah-compliant financial practices, regulatory requirements, and ethical auditing standards.
Meezan Bank, recognized as a leader in Shariah-compliant financial services, aims to cultivate a skilled workforce for the Islamic finance industry through this partnership. The bank’s collaboration with ICAP will help bridge the knowledge gap in the sector by offering targeted educational programs and certification courses.
The Centre for Islamic Finance will serve as a platform for professionals seeking to advance their skills in Islamic banking and finance. The initiative aims to contribute to the overall growth of the industry by leveraging the expertise of both Meezan Bank and ICAP.
Both organizations are working to finalize the structure and operational framework for the centre to ensure it meets the evolving needs of the industry.