KARACHI – Dubai Islamic Bank Pakistan opened its first Learning & Development Center dedicated to Islamic Banking today at Karachi city. The center was formally inaugurated by the CEO Junaid Ahmed along with the senior management of the Bank, says a press release.
Junaid Ahmed stated that with the establishment of this Learning & Development Center and the ongoing initiative to expand our branch network throughout Pakistan, there remains no doubt of Dubai Islamic Bank’s clear intentions and long term commitment to stay in Pakistan. He told the invited press that the Bank’s management and its shareholders had no intentions of divesting any portion of its equity to the local investors. He shunned all such rumors on this subject and said the main shareholder Dubai Islamic Bank UAE is committed towards Pakistan and supports the Banks rapid expansion program for the next five years and beyond.
He also said that Pakistan has plenty of room for the growth of the Islamic Banking Industry as there is a major gap between the conventional and Islamic Banking market share.
Head of Shari’a of Dubai Islamic Bank, Dr. Muhammad Qaseem said that the Bank has been continuously providing extensive training to its staff on Islamic Banking since its inception in 2006. However with growing expansion of the Bank and entry of new staff, a dedicated facility for training was the need of the hour. The dedicated Training Center will cater to the primary introduction to Islamic Banking as well as specialized training on Shari’a compliant products and services offered by the Bank.
Dubai Islamic Bank Pakistan is a subsidiary of the world’s first Islamic Bank and has successfully drawn on the expertise of DIB UAE during its five years in Pakistan to offer state-of-the-art Islamic Banking products and services to its customers. With a growing presence of 75 branches in 30 cities across Pakistan Dubai Islamic Bank Pakistan has earned a distinction in offering one of the widest ranges of Islamic financial products under one roof. This includes expertise in retail, corporate, SME, Investment Banking services and Alternate Distribution Channels ensuring it endeavor of providing world class banking – the Islamic way!