Karachi: Meezan Bank, Pakistan’s pioneering Islamic bank, has entered into a Memorandum of Understanding (MoU) with The Hunar Foundation (THF) to bridge the skills-to-job gap for Pakistani youth. The collaboration, under the ‘Meezan Justuju’ initiative, aims to provide vocational and technical training to empower the country’s young population.
The MoU was formalized by Syed Amir Ali, Deputy CEO of Meezan Bank, and Mr. Tahir Jawaid, CEO of The Hunar Foundation, during a ceremony with representatives from both organizations. The program is designed to equip participants with market-relevant skills, facilitating employment and financial independence while contributing to socio-economic growth.
Since early 2024, Meezan Bank has expanded its Meezan Justuju initiative through partnerships with institutions like IBA CEIF for Islamic Finance certification and NED Academy for IT courses. The new collaboration with THF will benefit over 150 trainees this year, furthering the bank’s mission to support youth through targeted training and employment programs.
Since its launch, Meezan Justuju has trained over 600 individuals, many of whom have swiftly entered the workforce, highlighting the program’s effectiveness in promoting financial empowerment. The partnership with THF aligns with national goals to leverage Pakistan’s youthful demographic through vocational training.
Syed Amir Ali of Meezan Bank emphasized the significance of the youth demographic, noting that 65% of Pakistan’s population is under 30. He expressed the initiative’s potential to channel this demographic into sustainable economic development, fostering local and international employment opportunities.
Mr. Tahir Jawaid of The Hunar Foundation expressed gratitude for the partnership, highlighting the aim to equip underserved individuals with essential skills for success in a competitive world. He underscored the transformative impact of the collaboration in building a prosperous Pakistan.
The partnership reflects a strategic effort to convert Pakistan’s demographic potential into a robust economic asset, supporting social inclusion and national development.
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