Islamabad, April 04, 2022 (PPI-OT):Mr. Muhammad Ali Yazdani, Field Representative Islamic Development Bank, Kingdom of Saudi Arabia visited the International Islamic University and had a meeting with Prof. Dr. Ahmed Shuja Syed, Vice President (Research and Enterprise). The official from the Bank toured the research facilities at the Centre for Advanced Electronics and Photovoltaic Engineering (CAEPE) and was given a detailed briefing on the Islamic Development Bank’s funded research grants.
The status, progress, accomplishments and future plans of the Centre were also discussed at length. The Field Representative of the funding agency was also briefed about the continuation of the academic part of the grants and the commitment of the University to address the sustainability and continuation of the outcomes and scientific deliverables of the IsDB funded grants in CAEPE. The official was further told of the University’s commitment to furthering the endeavours to liaison with the Bank and submit new grant proposal/intervention aligned with the University’s Strategic Plan (2022-26) and IsDB’s STI policy.
Later the meeting was also joined by Engr. Ahsan Mirza, Director Business Incubation Centre and Mr. Ayaz Ali, Director Administration to discuss the proposal of Bank’s Awqaf Properties Investment Fund (APIF). An initial plan prepared by the University to bid the idea was thoroughly deliberated and finer points were discussed to further improve the plan.
APIF helps Awqaf and charitable organizations fulfil their mandate by providing required resources to develop Waqf land owned by these organizations, renovate Waqf properties, and/or purchase property to be utilized as Waqf. Mr. Yazdani affirmed his full support and cooperation in taking things forward and maintaining a meaningful liaison between the University and the Bank. The IsDB official also visited the University’s Business Incubation Centre (BIC) and interacted with the start-up companies and successful ventures.
For more information, contact:
Public Relations,
International Islamic University Islamabad (IIUI)
Room No.118, Admin Block, New Campus,
H-10 Sector, Islamabad, Pakistan
Tel: +92-51-9019249
Fax: +92-51-9257909
Email: iiuipublicrelations@iiu.edu.pk
Website: www.iiu.edu.pk