Allied Bank Limited (Islamic Banking Group) organized a seminar on the most talked about subject of Islamic Banking in Peshawar

“Allied Bank Limited (Islamic Banking Group) organized a seminar on the most talked about subject of Islamic Banking in Peshawar. It was graced with the presence of notables from all walks of life that includes  delegates from Peshawar  Chamber of Commerce and Top Businessmen.

The occasion was also graced by The Chairman Sharia Board- Allied Aitbaar Islamic Banking (AAIB) Mufti Muhammad Iftikhar  Baig, Chief of Islamic Banking Group-Mr. Muhammad Idrees. Besides Group Heads and Regional Heads of Islamic banking, representation from Commercial & Retail Banking Group (CRBG) was also made.

Group Head Business Shaikh Raashed Rauf by welcoming the distinguished guests & audience, gave a brief introduction on Islamic Banking, its relevance and importance in our society particularly in relation to the business transactions.

The President of Peshawar Chamber, Mr. Faiz Muhammad also said welcome & appreciated the initiative of ABL IBG to enlighten the business community. He also briefed the audience regarding the essence of Islamic Banking and its growth in Pakistan.

Chief Islamic Banking Mr. Muhammad Idrees Chief elaborated in detail the role of Islamic Banking in Pakistan and ABL contribution at large for Islamic Banking financial inclusion. Also briefed that Allied Aitbaar Islamic Banking is having the network of 117 Exclusive Islamic Banking branches across Pakistan covering 53 major Cities. He also mentioned with pride that AAIB is also coming up soon with the establishment of Islamic Banking Windows (IBWs)  at ABL- Conventional branches, which will further expand Islamic banking network.

Chairman Sharia Board Mufti Muhammad Iftikhar Baig then delivered a comprehensive lecture on the importance of Islamic Banking in our day to day life & economy of the country, products & transactions involved, finally difference of Conventional & Islamic Banking and various myths that are unnecessarily have got entangled with the subject of Islamic Banking. In the end a session of Questions & Answers was arranged with the Chairman Sharia Board, in which the audience present in the hall took part with great zeal & interest and got clarity of their concepts.

Session was hugely applauded.”