The Institute of Management Sciences IMSciences Peshawar, has won Rs21 million prize for its contribution to Financial Innovation Challenge Fund (FICF) on Promoting Excellence in Islamic Finance. According to a statement issued here on Saturday, the fund was established by the UKAID and was implemented in Pakistan by the State Bank of Pakistan.
IM Sciences is the only higher education institution in KP which has secured this fund based on the qualified faculty in Islamic finance, knowledge and research infrastructure, and collaborations with national and international partners in the industry.
The fund is aimed to work as hub of Islamic finance in the region to promote education, research, and capacity building of HR in the Islamic finance industry.
