Logo of ‘Islamic Microfinance Forum’ inaugurated in Yemen and Pakistan

Logo of ‘Islamic Microfinance Forum’ inaugurated in Yemen and Pakistan

Lahore, October 03, 2012 (PPI-OT): The Logo inauguration ceremony of Global Islamic Microfinance Forum held in Sana’a, the capital city of Yemen and Lahore, Pakistan. In Yemen, the Logo was inaugurated by the Managing Director of Yemen Microfinance Network (YMN) – Ms. Najah Almugahed whereas in Pakistan, it was inaugurated by the Chief Executive Officer of World Congress of Muslim Philanthropists (WCMP) – Dr. Tariq Cheema.

It should be noted that Global Islamic Microfinance Forum would be held on 8 – 10 December, 2012 at Convention Centre – Dubai, UAE. A huge number of delegates from the Banks and Microfinance Institutions like Al-Amal Microfinance Bank, Al Tadamun Microfinance Bank, Social development Fund Yemen, National Microfinance Foundation, Aden Microfinance Foundation, Alkuraimi Islami Microfinance and Economic development fund etc. have participated in this logo inauguration ceremony in Yemen.

While addressing to the inaugural ceremony, Ms. Najah Almugahed appreciated the step of AlHuda Centre of Excellence in Islamic Microfinance to organize Global Islamic Microfinance Forum and said that the microfinance industry would be more established through this Forum. While addressing to the inaugural ceremony, Chairman of Yemen Microfinance Network – Mr. Al-Lai has declared the strategy of AlHuda Centre of Excellence in Islamic Microfinance for the promotion of Islamic Microfinance as a very good step for the industry which will amplify the awareness and promotion of Islamic Microfinance.

The logo inauguration ceremony of forum in Pakistan was attended by Islamic Microfinance Industry of Pakistan in which different constituents from Microfinance institutions participated including Dr. Amjad Saqib, Executive Director – Akhuwat, Ms. Fareeda Tariq, Chief Executive Officer – Wasil, Mr. Shahid I. Mohammad, President – Naymet Islamic Microfinance, Mr. Aamir Yousaf, Director – Naymet Islamic Microfinance, Ms. Zareen Iqbal – Asasah, Mr. Imran Jaffery – Meri Awaz NGO, Mr. Hammad Rasool, Director – AlHuda CIBE, Dr. Zahid – COMSAT, Mr. Muhammad Mubarak, Executive Director – Agahe and Mr. Muhammad Khushnood – NRDP.

While addressing to the Logo inauguration ceremony, Mr. Tariq Cheema said that Islamic Microfinance is growing rapidly all around the world and the forum like this would further strengthen this industry whereas Mr. Amjad Saqib said that 150000 people in Pakistan are getting benefits of Islamic Microfinance and with respect to Islamic Microfinance, Pakistan is an emerging market.

The Chief Executive Officer of AlHuda Centre of Islamic Banking and Economics, Mr. Muhammad Zubair Mughal said that AlHuda Centre of Excellence in Islamic Microfinance is working on a strong strategy for the promotion of Islamic Microfinance and prior to the Global Islamic Microfinance Forum; road shows in this connection will be organized in Yemen, Azerbaijan, UAE, Indonesia, Kazakhstan, Nigeria and Ghana so that the institutions could be invited for Global Islamic Microfinance Forum from all over the world.

He further said that delegates from more than 25 countries are participating in this forum in which the global policies of Islamic Microfinance would be finalized. Forum will be held on 8 th December in Dubai whereas a specialized training workshop on Islamic Microfinance would be held on 9 – 10 December, 2012.

For more information, contact:
Amina Siddiqui
Manager Communication
AlHuda Centre of Islamic Banking and Economics
192 Ahmed Block, New Garden Town,
Lahore – Pakistan
Ph: + 92 (0)42 – 35913096 – 8, 38407850
Fax: + 92 (0)42 – 5913056
Email: info@alhudacibe.com
Web: www.alhudacibe.com

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