KARACHI: A Letter of Intent (LOI) to work together on the creation of a Center for Islamic Finance has been signed by Meezan Bank and The Institute of Chartered Accountants of Pakistan (ICAP). By improving professional competence through education, training, and certification programs, this project seeks to fortify the Islamic banking and financial sector. The Bank hopes to create a professional and knowledgeable workforce for the Islamic financial sector through this partnership.
ICAP and Meezan Bank have teamed together to develop a specialized platform for auditors, accountants, regulators, and anyone looking to work in the Islamic finance industry in response to the rising need for knowledge of Islamic banking and finance. By providing them with specific training on Shariah-compliant financial procedures, regulatory requirements, and ethical auditing standards, this program will especially assist auditors and enable them to conduct more thorough assessments in the field of Islamic banking.
To give professionals the skills and information they need in Islamic banking and finance, the Center for Islamic Finance will provide professional training, certification courses, and specialized educational programs. This project aims to close the knowledge gap and support the expansion of the industry as a whole by utilizing the combined experience of Meezan Bank and ICAP.
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