Federation of Realtors Pakistan Signs MoU With MCB Bank
MCB Islamic Bank has achieved a milestone by signing a Memorandum of Understanding (MoU) in a ceremony with the Federation of Realtors Pakistan offering Riba-Free Banking services. As per the MoU, MCB will provide banking services to the members of the Federation as they are representing the real estate sector of Pakistan.
This MoU was signed on 6th June at a ceremony in Islamabad. This ceremony was attended by the high officials of MCB and the Federation of Realtors Pakistan.
From MCB, the President of MCB Islamic Bank, Mr. M. Afaq Khan graced the occasion with his presence. Group Head Retail Banking, Head of Institutional Sales, and General Manager North from MCB were also present at this ceremony.
High-ranking officials including the Chairman, Mr. Mussarat Ejaz Khan, and Vice-Chairman, Mr. Najeeb Gul Abbasi attended the ceremony from Federation of Realtors Pakistan. Other distinguished members of the Federation of Realtors Pakistan were also present at this auspicious event.
The Chairman, Federation of Realtors Pakistan, and President of MCB Islamic Bank, also spoke on this occasion and welcomed the services by MCB. The Riba-free services will have a positive impact on the industry overall.
The services provided by the MCB Islamic Bank will extend to other sectors as well in the future. Federation of Realtors Pakistan welcomed the steps taken by MCB for promoting Islamic Business activities in Pakistan.
The Federation of Realtors Pakistan is the representative body of the real estate sector consultants and dealers in Pakistan. This MoU will strengthen their confidence in the Islamic Banking services in the country.
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