International Islamic University Islamabad (IIUI) and National Institute of Banking and Finance (NIBAF) Friday signed a memorandum of Understanding (MoU) on National Financial Literacy Program for Youth (NLFP-Y).
NLFP-Y is project of State Bank of Pakistan (SBP) which is being implemented by NIBAF. It is aimed at imparting essential financial education to Pakistani youth for strengthening money management skills.
At new campus acting President IIUI Dr. Aqdas Naveed Malik and Project Director NFLP-Y Salman Shehzad signed the MoU. The ceremony was also attended by IIUI Vice President Dr. Muhammad Munir, Director Institute of Professional Development (IPD), Dr. Saeedul Hassan Chishtiand IIUI students’ advisors Dr. Tariq Javed and Dr. Nyla Jabeen.
According to MoU both sides will explore areas of mutual interests to develop and groom human resource in the field of Banking and Finance. Both sides also vowed for joint ventures and mutual cooperation in training on financial literacy. It was also agreed to make efforts for online certification courses and establishing financial literacy clubs.