Buying & Selling

Bank Alfalah held a cheque presentation ceremony to support deserving IBA students

Karachi, June 21, 2022 (PPI-OT):A cheque presentation ceremony was held at the Bank Alfalah Head Office as part of the MoU signed on July 10, 2020, between Bank Alfalah and the IBA, Karachi, to provide financial assistance to five undergraduate students under the ‘Alfalah Islamic Sponsorship Program’.

Mr. Atif Bajwa, Director and CEO Bank Alfalah, presented a cheque amounting to PKR 4.5 million to Dr. S Akbar Zaidi, Executive Director, IBA Karachi, to provide financial assistance to deserving underprivileged students, who demonstrate academic brilliance. Participants included Ms. Malahat Awan, Director ARC, IBA; and Dr. Muhammad Imran, Group Head, Islamic Banking Group, Bank Alfalah along with other senior management of Bank Alfalah.

Dr. Zaidi appreciated Bank Alfalah’s contribution and said, “We are grateful to Bank Alfalah Islamic for extending their support for students from our upcoming classes. Their generosity will help students and their families in this time of unprecedented crisis by enabling the gift of higher education and their better future, which represents an investment in a better future for all of Pakistan.”

Mr. Bajwa opined that, “The Alfalah Islamic Scholarship Program not only reaffirms Bank Alfalah’s commitment to giving back to the society, but it is also in line with our vision of building a future for Pakistan where our youth has access to quality education. This occasion reminds us that it is only possible to achieve one’s goals with unrelenting determination, and continued persistence. We are extremely proud to provide the means for five young future business leaders to empower themselves and countless others, and look forward to enabling even more students through scholarships, from across the country. Their success is the country’s success, and we want to do all that we can to help them.”

For more information, contact:
Executive, Communication and Public Affairs,
Institute of Business Administration Karachi (IBA)
Main Campus: University Road, Karachi – 75270, Pakistan
UAN: +92-21-111-422-422 (Ext. 269)
Fax: +92-21-99261508
Email: raza.lakhani@khi.iba.edu.pk
Website: https://www.iba.edu.pk