AlHuda Centre of Islamic Banking and Economics launches Islamic Microfinance Awards

Lahore, September 29, 2016 (PPI-OT): To promote the industry of Islamic Microfinance, AlHuda CIBE is conducting international awards so that the Islamic microfinance institutions are encouraged and those institutions that have worked hard for the promotion of Islamic Microfinance.

The award ceremony will take place in Nairobi, the capital of Kenya, on the eve of 9th November 2016. Awards will be given in recognition to the services provided by the people in Microfinance industry. Categories like Best Islamic Microfinance Bank, Best Islamic Microfinance Institution, Best Technology provider for Islamic Microfinance, Micro Takaful, Best Mobile Banking Product, Best Rural Finance Product and more are part of the awards.

Focusing on the main purpose of arranging this award ceremony, Mr. Muhammad Zubair Mughal, Chief Executive officer – AlHuda CIBE said that we want to promote Islamic microfinance. He said that awards are normally given in the fields of Microfinance, Islamic Banking, Takaful and others but not much institutes are present for the promotion of Islamic Microfinance. AlHuda CIBE has taken this responsibility and has announced these awards on international level in 20 different categories, whose nominations will be received till 30th October, 2016.

He further added that the award ceremony will be conducted along with the 6th Global Islamic Microfinance Forum which is on 8th and 9th November, 2016 in Kenya. Participants and speakers from more than 35 countries will be part of this forum so that final shape can be given to the policies and Shariah standards related to Islamic Microfinance. For more information regarding the Islamic Microfinance Forum, please visit the website given below:www.alhudacibe.com/gimf2016/award.php

For more information, contact:
Shaguftta Parveen
Manager Communication
AlHuda Centre of Islamic Banking and Economics
1st Floor, 160-B, Ahmed Block, New Garden Town,
Lahore – Pakistan
Tel: +92-42-35913096-8, +92-42-38407850
Fax: +92-42-5913056
Cell: +92-332-4546946
Email: shaguftta.perveen@alhudacibe.com
Website: www.alhudacibe.com