Creating awareness and building a clear understanding of Islamic Banking among the masses is a key driver for the growth and success of the Islamic banking industry in Pakistan. In pursuit of this objective, Allied Bank (Islamic Banking Group) organized a Customer Awareness Program on Islamic Banking at the Multan Chamber of Commerce & Industry (MCCI).
Distinguished Participation and Leadership
The seminar was addressed by Mr. Tahir Hassan Qureshi, CEO of Allied Bank, and Mufti Ehsan Waqar, Chairman of the Shariah Board. The event was also attended by Mr. Khawaja Jalaluddin Roomi, President of MCCI, Mr. Sheikh Fazal Elahi, Vice President of MCCI, along with prominent local business leaders and members of the commercial community in Multan.
Positive Reception and Community Impact
Participants appreciated the initiative taken by Allied Bank, considering the event highly beneficial in enhancing their knowledge about the fundamentals and application of Islamic Banking in daily life and business operations.
Shariah Perspective and Interactive Engagement
Mufti Ehsan Waqar, Chairman Shariah Board, presented a detailed explanation on the various principles and dimensions of Islamic Banking. His presentation was followed by an interactive Q&A session, where attendees asked insightful questions about Islamic Banking practices.
The Shariah scholars provided in-depth responses, elaborating on the practical aspects of Shariah-compliant finance, the interpretation of Riba vs Profit, and its legitimacy under Islamic law.