MOU Signing between Bank Alfalah Islamic & Akhuwat Islamic Microfinance to promote ‘Mera Pakistan MeraGhar’

Bank Alfalah Islamic is one of the leading promoters of the government-backed “Mera Pakistan MeraGhar” low-cost housing finance scheme since its inception. In continuation with Bank’s current vision, Bank Alfalah Islamic has signed an MoU with Akhuwat Islamic Microfinance (AIM)to offer exclusive housing finance solutions to its customers.

The MoU signing ceremony was held on Tuesday, June 8, 2021. Dr. Muhammad Imran, Group Head, Bank Alfalah Islamic along with other senior executives were present at the event. Akhuwat Islamic Microfinance (AIM) was represented by Dr. Muhammad Amjad Saqib, Executive Director AIM,along with other senior management.

Dr. Muhammad Amjad Saqib,Executive Director AIM said, “We look forward to working with Bank Alfalah Islamic on this noble project to bring affordable and convenient housing solutions to the deserving masses of Pakistan.

Dr. Muhammad Imran, Group Head, Bank Alfalah Islamic, said at the occasion “Bank Alfalah Islamic foresees this partnership with Akhuwat Islamic Microfinance to go a long way and will further strengthen the bank’s position as a leader in product innovation and extend the low cost housing finance to the underprivileged citizens of Pakistan”

Akhuwat Islamic Microfinance (AIM), is a not-for-profit organization, that has in-depth expertise of serving the under privileged through favorable financial schemes. Through this MoU, AIM will coordinate with Bank Alfalah Islamic in identifying individuals who desire to obtain this facility under the scheme. Both parties will explore viable business opportunities under the scheme and work towards extending the facility to the maximum number of deserving candidates.