Meezan Bank Limited, Pakistan’s leading Islamic bank, and NED University of Engineering and Technology have signed a Memorandum of Understanding (MoU) to establish the Centre for Islamic Finance and FinTech (CIFFT) at NED University.
Meezan Bank will provide technical expertise, content development, and research support while organizing seminars to promote Islamic finance and fintech among STEM graduates. The Bank will also collaborate on academic programs, professional training, and research initiatives.
Syed Amir Ali highlighted the partnership’s role in fostering innovation by combining NED’s technological expertise with Meezan Bank’s leadership in Islamic banking. He expressed confidence that the Centre for Islamic Finance and FinTech (CIFFT) will drive research-driven solutions and bridge the gap between finance and technology. This collaboration strengthens academia-industry ties and supports the growth of Pakistan’s Islamic finance sector.