IFAAS expands its services to South Asian market by launching a new office in Pakistan with the vision to strengthen growing Islamic Finance Industry in the country
IFAAS, international Islamic advisory firm has opened its fourth international office. The new Pakistan office is now operational and would be offering bespoke Islamic Finance solutions to the local stakeholders including the authorities, banks, insurance companies, microfinance institutions and NGOs.
Farrukh Raza, managing director IFAAS, said, “IFAAS bringing its unique experience accumulated across 36 countries over a decade to Pakistan is very exciting for us. Pakistan is the world’s second largest Muslim population with a rapidly growing Islamic Finance industry. We see IFAAS playing a key role in shaping this industry in Pakistan as we have done in many other countries across the world”. He further added, “we believe that Pakistan has a lot to offer to the international markets. We have a major talent pool here that may be developed and nurtured to meet the exponential demand for skilled human resources within the Islamic Finance industry worldwide. We believe this initiative will help building bridges between high-growth markets, harnessing opportunities under the banner of IFAAS being the provider of choice for Islamic Finance industry across the globe.”
Bilal Ahmad, director IFAAS Pakistan stated, “with an increasing support from the government and the push from the State Bank of Pakistan over the last few years, the prospects of Islamic Finance are greater than ever in Pakistan. We are very excited to be able to expand the horizon of Islamic Finance within the country and the region. We look forward to be instrumental in enhancing Islamic Finance capabilities in Pakistan by increasing outreach and opening new doors of international collaboration capitalizing on IFAAS’s extensive network”.
About IFAAS
(Islamic Finance Advisory and Assurance Services - www.ifaas.com) is an international advisory firm, specializing in Islamic Finance. IFAAS has provided professional services to over a dozen governments, several multilateral organizations and banks, insurance companies, microfinance institutions, asset managers, corporates and NGOs. IFAAS has helped building the infrastructure for Islamic Finance across several countries including Indonesia, Kenya, Senegal, Morocco, Oman, France and UK among others, by providing regulatory and strategic advice, capacity building and awareness. Being a regular supplier of services to many of world’s leading institutions and a key player in the international Islamic financial industry, IFAAS has also launched over 100 Islamic Finance products for its institutional clients spread across four continents. The company operates from its offices in the UK, France, Bahrain and Pakistan, providing services dedicated to Islamic Finance in several languages, including English, French, Arabic and Urdu, among others.
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© Press Release 2017
