Islamabad, March 20 2025: Meezan Bank, Pakistan’s leading Islamic bank, has signed a Memorandum of Understanding (MoU) with NED University of Engineering and Technology to establish the Centre for Islamic Finance and FinTech (CIFFT) at the university.
The agreement was signed by Syed Amir Ali, Deputy CEO of Meezan Bank, and Dr. Sarosh Hashmat Lodi, Vice Chancellor of NED University.
A plaque unveiling ceremony marked this collaboration, reinforcing the commitment of both institutions to advancing Islamic finance and fintech in Pakistan.
The strategic partnership aims to offer graduate, postgraduate, and PhD programs focused on Islamic finance and fintech, contributing to the industry’s growth through research, case studies, and talent development.
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Meezan Bank will play a key role in supporting CIFFT, providing technical assistance, research expertise, and content development.
The bank will also organize seminars and speaker sessions to educate students especially engineers and STEM graduates about Islamic finance and digital banking. Additionally, the bank will help develop academic programs, professional training modules.
Research projects, strengthening the link between academia and the financial sector. Syed Amir Ali, while appreciating NED University’s support, stated:
“The combination of NED University’s technological expertise and Meezan Bank’s leadership in Islamic banking will foster innovation in the Islamic fintech sector.
This collaboration will empower Pakistan’s youth, equipping them with the skills and knowledge needed to shape the future of Islamic finance and technology.
We believe the launch of CIFFT will help develop research-driven solutions, bridging the gap between Islamic finance and digital transformation.”
This partnership represents a major step forward in strengthening industry-academia collaboration, supporting the expansion of Pakistan’s Islamic finance sector.
Through this initiative, Meezan Bank and NED University aim to cultivate future leaders in Islamic fintech, fostering technological advancements and financial inclusion in Pakistan.
