1st International Conference on Islamic Banking & Finance

An “International Conference on Islamic Banking and Finance” (ICIBF 2017) was organized by the Accounting and Finance Department of the Institute of Business Management (IoBM) at its main campus in Korangi Creek, Karachi on November 29 and 30, 2017. The theme of the conference was “Unlocking Islamic Banking and Finance potential and Supporting Financial Stability”.

The conference included panel discussions and speeches on four key themes including: “Incentive Based Regulatory Framework in Islamic Financial System”, “Islamic Capital Markets and Regulations- Opportunities and Challenges”, “Islamic Product Development and Islamic way of doing business” and “Capitalizing on Islamic Finance Potential for CPEC and Beyond”. The conference included speeches and panel discussions of renowned international speakers, industry leaders including CEOs and Group Heads, Shariah advisors of financial institutions and top academicians of national and international universities.

Speaking at the occasion, Mr. Irfan Siddiqui, CEO Meezan Bank Ltd., and Chief Guest at the conference, elucidated upon the need to create professionals in the Islamic Banking industry for these learned crop of bankers will explain and clarify the ambiguities pertaining to Islamic Banking prevailing among the masses.

He encouraged the audience to go through the “Knowledge, Attitude and Practices of Islamic Banking in Pakistan” or the KAP Study to know more about the operations and challenges faced by Islamic Banking in Pakistan.

Mr. Ghulam Muhammad Abbasi, Director, Islamic Banking Department, State Bank of Pakistan (SBP) and Keynote Speaker, shared the historical perspective of SBP’s role in introducing Islamic Banking in Pakistan. He opined that a change in people’s mindsets is needed for Islamic Banking to flourish and that the academia and the industry must work in unison to address the various issues faced by the Islamic Banking sector.

Dr. Amjad Waheed, CEO, NAFA Funds, explained the difference between conventional funds and Islamic funds and that Islamic Banking has the potential to bring change in how the banking sector operates, however, time, investment and resources are needed for this to take place.

In his welcome address Mr. Talib S. Karim, President IoBM, welcomed national and international guests attending the conference and viewed this conference to become a launching pad for the establishment of Center of Islamic Banking and Finance at IoBM. He shared that this is the third international conference held at IoBM during the last four months which reflects IoBM’s vision to organize research-based conferences.

In a message on this occasion, Ms. Sabina Mohsin, Executive Director, AAF, IoBM, said that this international conference shows not only how professionals can resolve and troubleshoot problems facing modern industry but that the contribution of academia is also valuable and crucial in this regard.

Mr. Bashir Janmohammad, Chancellor IoBM and Session Chair, during his speech, congratulated IoBM and the Accounting and Finance department for organizing this conference. He said that proper documentation is needed to make all affairs of Islamic Banking transparent. He was of the view that Pakistan must follow Islamic Banking in letter and in spirit and not just change the name of conventional banking to Islamic banking.

Earlier, Dr. Syed Irfan Hyder, Dean CBM and CES and Chairman of this conference, while presenting the Conference Flow, said that this conference will highlight practices, concerns and issues pertaining to Islamic Banking in Pakistan. He called for practitioners of Islamic Banking to understand the challenges faced by this sector and create sustainability in Pakistan’s Islamic Banking domain. Dr. Imam Uddin was the Conference Convener while Ms. Tazeen Arsalan, HoD, Finance Department, was the Chief Organizer of this conference.

Assoc. Prof. Dr. Muhammad Eskandar Shah, Dean School of Graduate Studies, INCEIF, Malaysia, made a thought provoking presentation on “Capitalizing on Islamic Finance Potential for CPEC and beyond”. In this regard he underlined how instrumental is the innovation factor, people’s oriented approach and simplifying concept and procedures for the common man. The promise and potential of banking and finance know no bound if we believe in ourselves, in self-reliance and self-actualization, upholds Dr. Muhammad Eskandar Shah in letter and in spirit. He especially addressed young students, blossoming generation and future architects of Islamic banking and finance in this regard.

International Speakers invited were Dr. Dawood Ashraf, Islamic Development Bank; Dr. Mehboob Ul Hassan, King Saud University and Mr. Tarek El Diwany, Kreatoc Zest Ltd. Industry leaders of Pakistan invited were Mr. Irfan Siddiqui, CEO Meezan Bank Limited; Mr. Saeed Ahmed, President, NBP; Mr. Hasan Bilgrami, CEO, Bank Islami; Dr. Amjad Waheed, CEO NAFA Fund; Mr. Mohammad Shoaib, CEO, Al Meezan Investment Management Ltd; Mr. Ejaz Ali Shah, Managing Director, Pakistan Mercantile Exchange; Mr. Ahmed Ali Siddiqui, Senior Executive Vice President, Meezan Bank Limited; Mr. Jamil Ahmed, Deputy Governor, SBP; Mr. Zubair Haider Shaikh, Head of Corporate and Investment Banking, Dubai Islamic Bank; Mr. Javed Memon, Regional Director, HEC; Mr. Talib S. Karim, President IoBM, Mr. Bashir Janmohammad, Chancellor, IoBM and others. Shariah Scholars invited were Dr. Imran Ashraf Usmani, Group Head, PDSC and RSBM, MBL; Mr. Farhan-Ul-Haq Usmani, Head of Shariah Audit and Advisory, Meezan Bank Limited and Dr. Mufti Zubair Ashraf Usmani, Member Shariah Board, HBL and others.

International Conference on Experiential Learning 2017

The 21st century is making many of the conventional classroom-based educational methodologies ineffective at all levels. There is a widespread interest in the adoption of experiential learning in professional disciplines such as education, engineering, business and media in universities as well as in schools. Experiential learning is learning by doing and includes Project-based learning, Problem-based learning (PBL) and activity-based learning. It is often referred to learning through action, experience, discovery and exploration.

Who Should Participate?

Industry Professionals, Experiential Learning Experts, Academicians, Policy Makers, Research Institutions, Research Scholars, School & College Principals, Students and NGOs

IoBM invites you to participate through research papers, poster presentations and case studies that demonstrate a clear conceptual framework of translating theory into practice through experiential learning. There are three conference tracks: (i) research papers, (ii) posters presentations and (iii) case studies. The three tracks represent action, experience and exploration which are the core features of Experiential Learning. Send your abstract (300 words) and posters (3x5feet) on a relevant theme via email, latest by September 15, 2017 to: director-icel@iobm.edu.pk

What is and what is NOT experiential learning
Theories and variant interpretations of experiential learning
Practical framework for academia, industry and policy makers
Impact of technology, online modes on theory & practice
Transformational nature of experiential learning
Experiential Learning Projects & Field Works
Methodologies and frameworks
Ensuring academic rigor
Collaboration with industry and community
Challenges of industry-driven real-life projects

Experiential Learning Adopters: Case Studies
Best Practices: IT, Engineering, Medicine, Business, Education
Challenges/change management at schools and universities
Challenges/benefits in entrepreneurship, self-employment
Faculty mentoring and change resistance
Experiential Learning: Theories/realities
Student development & learning Impact
Assessment of learning: Authentic, formative, etc.
Experiential Learning Projects in schools vs. universities
Curriculum and lesson planning

Click here for Online Submission / Registration

Dates to rememberRegistration Fee                 National                International
Abstract Submission Deadline:  September 15, 2017Participants                      PKR 3000                         USD 100
Acceptance of Abstract: October 01, 2017Students                            PKR 2000                         USD 50
Full Paper Submission Deadline: October 15, 2017*Conference fee includes material, refreshments/meals &certificates

Shahid Aslam Mirza or Dr. M. Abid Ali (Ph. 021-111-002-004 Ext. 755, 294)


Director Conference: 0092-332-8235143

2nd IoBM-AMDIP Faculty Colloquium


Institute of Business Management


Dr. Shahid A. Chaudhry

Chairperson AMDIP/

Rector Lahore School of Economics

Mr. Talib S. Karim

Chairperson AMDIP

Karachi Chapter/

President IoBM Karachi

Chief Organizer

Dr. Irfan Hyder

Dean Business School,



CBM Building,
Institute of Business Management
Korangi Creek, Karachi-75190, Pakistan
UAN: +92-21 111-002-004

Call for Participation

The 2nd IoBM-AMDIP Faculty Colloquium (IAFC – 2017) is being jointly organized by Institute of Business Management (IoBM) Karachi and Association of Management Development Institutions in Pakistan (AMDIP).

The colloquium is a platform for addressing the demands and challenges of the business environment and higher education. In an environment of increasing complexity and accountability, it is important that business schools focus on appropriate high-quality inputs (human, financial, physical, etc.) and the outcomes of those inputs within the context of the business schools’ mission. There should be continuous emphasis on business schools to integrate assurance of learning into their curriculum management processes and make intellectual contributions that have a positive impact on business theory, teaching, and practice. Impact also has a broader meaning in that the business school, through the articulation and execution of its mission, should make a difference in business and society globally. This calls for persistent efforts to improve standards. We invite faculty members to participate, experience and learn from gurus of academia.

The 2-days colloquium includes following sessions:

The 2-days colloquium includes following sessions:

Presentations & Panel Discussions

Impact through Industry/ Societal Leadership
Impact through Alumni
Impact through Research
Impact through Students
Impact through Executive Training
Impact through Faculty Consultancy

Who should participate?

Faculty members of business schools on all levels and those who are interested in research work including:

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Associate Professors
Assistant Professors
Research Fellows/Associates/Assistants
Phil and PhD Scholars

Event Dates

IAFC 2017Sept 20-21, 2017

Fee structure for participants in PKR is as follows:

Non Member Institutions (per participant)

FacultyRs. 5000
Group of twoRs. 4000
Group of three or moreRs. 3000
Research StudentsRs. 2000

AMDIP Member Institutions and IoBM Participants (per participant)

FacultyRs. 2500  (5 persons nominated by the institute)
Research StudentsRs. 1000

Registration Deadlines: September 15, 2017. Click here to Register yourself.

or contact:

Ms. Memoona Zareen                                                 Ms. Shagufta Ghauri

Colloquium Manager/                                                      Colloquium Manager/

Secretary AMDIP                                                               Assistant Professor IoBM

secretary@amdip.org.pk                                                  shagufta.ghouri@iobm.edu.pk


International Conference on Multidisciplinary Engineering Research & Technology: Harnessing the Power of R&D

Held on March 06, 2017

The Electrical Engineering Department of College of Engineering Sciences (CES) at the Institute of Business Management (IoBM) is holding a conference on Multidisciplinary Engineering Research & Technology: Harnessing the Power of R&D, on its Campus at Karachi, on March 06, 2017. The purpose of the conference is to encourage young engineers in engineering and other science and technologies to commercialize their research finding. Commercialization of research and transfer of technical information and knowledge is considered a prime example for generating academic impact because it constitutes immediate, measurable market acceptance for outputs of academic research. Many universities worldwide have taken action to foster links with knowledge users and in facilitating transfer of technology. Transfer of technology involves capacity building both at the professional and institutional level. Universities and centers of higher learning have a key role to educate large population, generate knowledge, and inculcate commercial and entrepreneurship programs with the Industry.

Academic engagement represents an important way in which academic knowledge is transferred into the industrial domain.  Amongst the various channels available for establishing these links, the commercialization of academic knowledge, involves patenting and licensing of inventions as well as academic entrepreneurship. To support commercialization, Academia in Pakistan have established specialized structures, such as Office of Research Innovation and Commercialization (ORIC), research incubators and supportive internal rules and procedures.

The proposed Conference on Multidisciplinary Engineering Research will facilitate researchers and entrepreneurs

Partnerships between academia and industry as a force for economic growth
To help businesses grow to the point where they could attract private investment.
Building Successful partnerships between academia and industry.
Become sustainable, global competitors.
Facilitate and advice on issues such as management, marketing, technology (intellectual property) strategy,
product development and financing,
Harnessing the power of research and development.
Tool and Skill that supports academic-commercial research collaboration

Present at the Conference were Mr. Talib Karim, Rector IoBM; Dr. Syed Irfan Hyder, Dean CBM and Ms. Seema Ansari, Head of Electrical Engineering Department, IoBM. The Conference was largely attended by students and faculty.

Speakers invited at the Conference to present their research papers were Professor Dr. Javier Poncela, Associate professor at University of Malaga, Spain; Dr. Bilal A. Siddiqui, Assistant Professor,  Mechanical Engineering Department, DHA Suffa University; IoBM’s Dr. Muhammad Imran Majid, Associate Professor, Electrical Engineering Department and Dr. Adeel Ansari, Assistant Professor, Computer Science and MIS Department. At the conclusion of the Conference, Mr. Talib Karim presented mementos among the guests and participants while Ms. Seema Ansari delivered the vote of thanks.

Title:” ‘Monitoring of River Mouths using Underwater Acoustic Networks’. 

About the Speaker:

Dr. Javier Poncela received the M.Sc. degree in telecommunication engineering from the Polytechnic University of Madrid, Spain, in 1994 and the Ph.D. degree from the University of Málaga, Spain. He worked in Alcatel Spacio before joining the University of Málaga at the Communication Engineering Department.

He has actively collaborated with multinational companies (Nokia, AT4wireless, Ingenia) on formal modeling and system testing in Bluetooth, UMTS and satellite systems. His research interests include underwater communication systems, methodologies for efficient development of complex communications systems and analysis of QoS over heterogeneous networks and systems and models for the evaluation of QoE.

Title: “Breaking the Inter-Disciplinary Barriers in Engineering with Pakistan’s First Rocket Powered Car.”

 About the Speaker:

Dr. Bilal Siddiqui has a multidisciplinary academic background in academics and has a versatile research and development experience. He obtained his bachelor’s degree in Mechanical Engineering from NED University, being an honors student throughout. He also obtained Master’s degree in Aerospace Engineering and PhD in Controls Engineering, both from King Fahd University of Petroleum and Minerals, Saudi Arabia. He is the author of several research articles and patents, as well as the recipient of various awards. He has served at SUPARCO on national projects and as the director of engineering at Saudi Aerospace Technologies. He is currently the deputy head of mechanical engineering department at DHA Suffa University, and a consultant for engineering programs at IoBM.

Title: “Cooperative Communication Systems & Multidisciplinary Research.”

About the Speaker:

Dr. Imran Majid, Associate Professor, Electrical Engineering Department. He has a PhD in Electronics from University of Surrey, UK, MSc in Space Engineering from Umea University, Sweden and BSc in Electrical Engineering from UET Lahore. He was awarded the Commonwealth Scholarship towards his PhD in Frequency Planning for Clustered Cellular Multiple Access Channel at the prestigious Centre for Communication Systems Research (now 5G Innovation Centre), University of Surrey, UK. After his PhD, Imran consulted and later worked at University of Toronto Canada as Optics Team Lead for two of Canada’s most advanced remote sensing satellites, NEMO-AM and NEMO-HD. He is also currently involved with Ontario Centre of Excellence as Technical Reviewer.

Title: “Seabed Logging.”

 About the Speaker:

Dr. Adeel Ansari holds a PhD in Information Technology, from Universiti Teknologi PETRONAS, Malaysia. He has done his BSc (Hons) in Computing with First Class Honors from Staffordshire University, in the United Kingdom, Masters in Business Administration in Management Information Sciences and MS in Software Engineering from Karachi Institute of Economics & Technology, Karachi Pakistan. He holds a diverse work experience, from a Software engineer at Siemens Pakistan for one year, as an Assistant Quality Assurance Manager for two years (for Consumer Credit Card products) and Assistant Policy Manager (for Consumer Personal Loan products) at Habib Bank Limited. He has worked as an Associate Consultant in the IT Assurance and Advisory at A. F. Ferguson & Co, a member firm of Price Waterhouse Coopers, UK. He has taught programming languages and software development related subjects for three years at the Universiti Teknologi PETRONAS, Malaysia. He has also presented research papers at various International and national conferences and also has publications in high impact factor, IEEE and Springer journals. His area of expertise in teaching are, programming languages, web & software development, computer simulation, automata theory and mathematics. His research interests include Seabed logging, methodologies for efficient development of complex algorithms and analysis and simulations in Software Engineering.

Conference on “The State of Pakistan’s Economy: Issues and Challenges in 21st Century”

Towards a promising economic future

A two-day International Conference on “The State of Pakistan’s Economy: Issues and Challenges in the 21st Century” was held on September 27-28, 2016 at the Institute of Business Management (IoBM), according to IoBM Public Affairs Section. Various sessions of the Conference discussed significant issues pertaining to the fields of economy, trade, agriculture, environment, energy and climate, industry, and social issues.

Speaking during various sessions of the Conference among many were distinguished luminaries including H.E Mr. Oleg N. Avdee, Consulate General of Russian Federation; Dr. Shahida Wizarat, Dean CESD, Chief Editor Pakistan Business Review (PBR) and HoD Economics Department, IoBM, who was also the Convener of this Conference; Ambassador (Retd.) Syed Hasan Javed, Director, Chinese Centre, NUST, Islamabad; and Dr. Natalia Zamaraeva, Senior Researcher, Institute of Oriental Studies, Russia. The Conference was also attended by Mr. Andrey V. Fedorov, Senior Consul/Deputy Chief of Mission, Russian Consulate in Karachi; Mr. Memon Abdul Jabbar, Honorary Consul to Ukraine at Karachi; Mr. Khalid Rahman, Director General, Institute of Policy Studies, Islamabad; and Dr. Abdul-Salam Lodhi, Associate Professor, Economics, Balochistan University of Information Technology, Engineering and Management Sciences.

During his opening remarks, Mr. Talib S. Karim, Rector IoBM informed the audience of different programs and courses being offered at IoBM. He accentuated upon IoBM providing guidance to students to pursue entrepreneurial projects to become job creators and not job seekers. Mr. Talib Karim also illustrated upon IoBM’s Student Exchange Program through which a number of students from IoBM have gained international learning and knowledge.

The Guest of Honor H.E Mr. Oleg N. Avdee, during his speech, asserted that the deliberations made during this Conference should enable us to create a better economic future. He stressed upon the significance of Pakistan and Russia engaging in business projects for mutual growth and in creating regional harmony.

Speaking at the Conference, Dr. Shahida Wizarat, elucidated upon various aspects of the action plan for Pakistan’s sustainable economic development while presenting her research paper, “A Secure, Strong and Prosperous Pakistan – Some Policy Guidelines.” Dr. Shahida shared policy guidelines on improving Pakistan’s economic health by focusing on agriculture, industry, physical and social infrastructure, natural resources, trade and finance, and the need for elevating honest, competent, and patriotic Pakistanis in leadership positions.

Mr. Syed Hasan Javed while presenting his paper titled “Learning Lessons from China’s Economic Reforms and Open Door Policy” opined the CPEC to be a ‘game changer’ for Pakistan. Mr. Hasan said that countries develop their economies by implementing economic reforms and that Pakistan must follow reforms as exercised by China including collective leadership, investment in human capital and research, and by learning from global best practices.

Dr Natalia Zamaraeva shared her perspective on “China-Pakistan Economic Corridor: Prospects and Challenges” by underlining China’s assistance to Pakistan in expanding cooperation in the fields of infrastructural development, electricity, engineering, technology, and environment.

Conference Recommendations

2nd International Conference for Entrepreneurial Engineering (ICEE 2016)

Held on 27th – 28th August 2016

Commercialization of Research and Final Year Projects: From Prototypes to Products to Profits.

A two-day International Conference on Entrepreneurial Engineering (ICEE 2016) was held at the Institute of Business Management (IoBM) on August 27, 28, 2016 at the Entrepreneurship and Management Excellence Center (EMEC). The theme for ICEE 2016 was “Commercialization of Research/Projects – From Prototype to Products to Profits.” The ICEE 2016 invited faculty from various universities to present their research papers, thoughts, and visions linked to the theme of the ICEE.

Rector IoBM, Mr. Talib S. Karim delivered the welcome address at the ICEE 2016 where he mentioned the challenges IoBM faced when initiating an engineering program and highlighted how IoBM encourages its students to develop entrepreneurial mindsets. While delivering the keynote address, Dean IoBM, Dr. Syed Irfan Hyder presented five key points pertaining to why engineering courses offered at universities in Pakistan have not reached a noteworthy status. He was of the view that the mindset of engineering students and their family background, the demographics of these students, the curriculum recommended by the Pakistan Engineering Council (PEC) and the Higher Education Commission (HEC), the teaching and lab methodologies being followed by engineering universities and providing students with an enabling environment will enhance the operations and working of such universities in Pakistan.

The Guest of Honor at the ICEE 2016 was Dr. Amjad Waheed, CEO, NBP Fullerton Asset Management Ltd. During his speech, Dr. Amjad said that entrepreneurship is the vision to grasp an opportunity and to create businesses that give birth to jobs in the market. He elucidated upon that entrepreneurs’ decision to take calculated risks gives them an opportunity to succeed in pursuing their business idea. In this regard, he presented his own example when he was aspiring to invest in his company and the challenges he faced when doing so. Also speaking at the ICEE 2016 was Dr. Zahir Ali Syed, Dean Usman Institute of Technology (UIT). He emphasized over the fact that the academia must give engineering students the inspiration, resources, and opportunities to create products to help them establish their businesses.

The three sessions held on the first day of the ICEE 2016 were Plenary Session: Entrepreneurial Engineering: Commercialization of Research/Projects; Technical Session-II: Startup Phase Issues: From Prototype To Products To Profits, which was moderated by Dean IoBM, Dr. Syed Irfan Hyder; and Technical Session-III: Opportunities in Commercialization of Research/Projects, moderated by Mr. Ekhlaque Ahmed, Assistant Professor and Head of Marketing Department, IoBM. Held on the second day of the ICEE 2016  was Technical Session IV: Experience Of University Orics: The Way Forward, moderated by Dr. Shahid Amjad, Head of Department, Industrial Engineering and Management, IoBM.

Attending the ICEE 2016 were Dr. Bilal Ahmad (DHA Suffa University), Mr. Maqsood Ahmed (SZABIST), Dr. Irfan Khan (IQRA Univeristy), Dr. Rizwan Raheem Ahmed (Indus University), Mr. Azhar Rizvi, Dr. Haseena Khatoon (FAST), Dr. Shoaib Zaidi (Habib University), Mr. Sikander Kareem (Bank Alfalah), Dr. Shahnawaz Ali Syed (IQRA University), Mr. Nawaz Ahmed (IoBM), Mr. Humayun Qureshi, Dr. Naviad Jamil Malik (DHA Suffa Univeristy), Dr. Zulfiqar Umrani (MUET), Dr. Izhar Hussain (IBA), Mr. S.M Asim Ali Rizvi (B.U), Mr. Ubaid Younus (GPS Technology), Mr. Saboor Khwaja (TECH/Adsell), Mr. Moin Ali Khan (IoBM), Mr. Rehan Muzammil Butt (MAJU), Mr. S. Azfar Hussain (ICCBS), Mr. Umair Sani, and Mr. Rizwan Khan (TECH). Participating in the Conference via video link were Mr. Murray (Venture Capitalist, USA), Mr. Athar Usama, and Mr. Zia Imran. Ms. Seema Ansari, Head Of Department, College of Engineering and Sciences, IoBM, delivered the vote of thanks at the conclusion of the ICEE 2016.

021-35091905                          0334-3013971                       parvez@iobm.edu.pk

Women in Development

Held on November 11, 2015 – November 12, 2015.

The aim of the conference is to bring together academics and researchers of related disciplines to redress gender inequality, reduce the gender gap, and formulate a pedagogy which instills critical self hood and consciousness in women and to promote higher education and skill development in women of the Conference.

This provides an opportunity for the young professionals and students to evaluate business opportunities in the renewable and other energy sectors and explore the scope entrepreneurial activities. There will be two tracks: The academic track and the corporate track that will offer an intellectual platform to academicians, scholars, researchers, practitioners and decision makers to come up with their innovative ideas and findings to address challenges faced by energy sectors.

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