It has been reported that Pakistan will be hosting the World Islamic Finance Summit on September 21st and 22nd 2011.
The theme of the first World Islamic Finance Summit in Pakistan is "Islamic Finance Growth and Opportunities", said Chairman of the Conferences and New Initiatives Ozair A. Hanafi, while briefing the media on this occasion.
He said that the mix of local and international participants is an impressive development and the organisers, with the help of supporters and sponsors, are all poised to make this event a big success.
Managing Director of the Conferences and New Initiatives, Syed Shahjahan Salahuddin, said the objective of the Summit is to bring together industry leaders, academicians, think tanks, Shariah scholars, regulators, policy makers, government officials. The participants would get an ideal platform to have fruitful discussions and knowledge sharing with delegates participating from Pakistan and overseas, he said.
The summit aims to provide a forum for the government and private sector organisations to promote the opportunities for investment in Islamic financial instruments and gain greater understanding of the challenges faced by both the sectors,the statement issued on this occasion said. It said the World Islamic Finance Summit marks the beginning of this journey towards the growth of Islamic finance through joint efforts of the industry and the regulators.
The State Bank will be a supporter, Bank AlFalah as its Lead Partner, Al-Baraka Islamic Bank as the Co Lead Partner, IBM as the technology partner, Pak Qatar Takaful Limited, Faysal Bank Limited and Askari Bank Limited as the Partners, Meezan Bank Limited as the TechnicalPartner, Riphah International University asthe technical affiliate.
Wednesday 21 September 2011
Emirates Islamic Bank exceeds its Emiratization plan for 2011
In line with its commitment to attract and recruit UAE Nationals, Emirates Islamic Bank announced that they hired 76 UAE nationals since the beginning of this year plus 50 more nationals are expected to join before the end of September 2011.
This would mean achieving 105% of the target for the year. Emiritization is a key priority for us and we hope that through our employee development programs we can continue to attract UAE national talents to join our ranks. With the right people onboard, along with the right training and support, our journey to continue to be a center of excellence in our products and services, is bound to be a smooth, efficient and a sustainable one," said Mr. Faisal Aqil, GM Retail Banking for Emirates Islamic Bank.
"We had a commitment to recruit 120 UAE national as part of our 2011 strategy, and I am proud to announce that we will exceed this figure by the end of Q3 itself as we are in the process of hiring 50 new UAE nationals," he added.
The bank has a strategic plan in place to train, and develop UAE National employees through development programs segmented into three areas: Al Awael, Al Ruwad and Al Mudara. Al Awael will focus on tailored programs for new joiners, Al Ruwad for middle management and Al Mudara, for existing high performing senior management employees.
Emirates Islamic Bank's plan to attract UAE Nationals includes organizing open days for walk-in interviews, participating in Emiratization career fairs and exhibitions and arranging for recruitment fairs at schools, colleges, and universities across the UAE.
This would mean achieving 105% of the target for the year. Emiritization is a key priority for us and we hope that through our employee development programs we can continue to attract UAE national talents to join our ranks. With the right people onboard, along with the right training and support, our journey to continue to be a center of excellence in our products and services, is bound to be a smooth, efficient and a sustainable one," said Mr. Faisal Aqil, GM Retail Banking for Emirates Islamic Bank.
"We had a commitment to recruit 120 UAE national as part of our 2011 strategy, and I am proud to announce that we will exceed this figure by the end of Q3 itself as we are in the process of hiring 50 new UAE nationals," he added.
The bank has a strategic plan in place to train, and develop UAE National employees through development programs segmented into three areas: Al Awael, Al Ruwad and Al Mudara. Al Awael will focus on tailored programs for new joiners, Al Ruwad for middle management and Al Mudara, for existing high performing senior management employees.
Emirates Islamic Bank's plan to attract UAE Nationals includes organizing open days for walk-in interviews, participating in Emiratization career fairs and exhibitions and arranging for recruitment fairs at schools, colleges, and universities across the UAE.
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