President Alvi calls for inexpensive distance education

President Alvi calls for inexpensive distance education to accelerate country’s pace of progress.

Dr Arif Alvi was addressing convocation of Ghulam Ishaq Khan Institute of Engineering Science and Technology in Islamabad today.

President Alvi calls for inexpensive distance education

He emphasized the need of promoting inexpensive distance education to accelerate country’s pace of progress.

The President said distance education will help country develop its human resource.

He said the present government gave highest ever number of fifty thousand scholarships this year to enable the deserving students to get higher education.

On Monday, Pakistan got Global Islamic Leadership Award for Islamic Financing promotion efforts.

President Arif Alvi received the award at the 10th Global Islamic Finance Awards Ceremony in Islamabad.

He also spoke on the occasion. President noted that Islamic Financing is increasing around the world but its full potential yet needs to be exploited.

He appreciated the fact that seventeen percent of Pakistan’s banking sector has tuned to the Shariah Compliant instruments. He pointed out that Sukuk bond was recently floated in the energy sector.

President Arif Alvi commended the role played by State Bank of Pakistan and Securities & Exchange Commission of Pakistan in promotion of Islamic banking.

Furthermore, he emphasized on implementation of the basic principles of Islamic financing to help establish a society based on equality and compassion.