ISLAMABAD:Pakistan Bait-ul-Mal (PBM) Wednesday inked memorandums of understanding (MoUs) with Fatima Jinnah Women University (FJWU) and Institute of Cost and Management Accountant (ICMA) to provide yearly support for deserving students.
As per MoUs, the PBM would aid FJWU’s 100 and ICMA’s 50 postgraduate deserving and promising students.
In a ceremony held here, PBM Managing Director Malik Zaheer Abbas Khokhar signed the MoUs while FJWU Director Dr Shoaib Akhtar and ICMA Regional Director Abdul Hafeez validated the agreements on behalf of their respective institutions.
The MoUs also affirmed bonding of both the educational institutes with PBM for carrying out the impact evaluation studies, various social activities including celebration of the international days and general public awareness campaigns about diseases and other social issues.
The PBM will also offer internships to the students for community work across the country.
Addressing the event, PBM Managing Director Malik Zaheer Abbas Khokhar reaffirmed the government’s commitment for accommodating downtrodden segments of the society.
He said, “We are determined to invest on youth taking all the possible measures to eliminate the financial barriers to their educational track.”
Equipped with digital infrastructure and computerized network to district level, he said that the PBM was committed to accomplish the responsibility to support such students who were promising and also willing to complete their studies but unfortunately, unable to pay their tuition fee being part of the poor family.
Expressing their gratitude to PBM, both the directors appreciated the initiative for keeping the deserving students on their educational journey.
They said the initiative would also give hope and pleasure to their parents as well.