International Islamic University Islamabad (IIUI) and Pakistan Bait-ul-Mal (PBM) on Wednesday signed a Memorandum of Understanding (MoU) for bilateral cooperation under which they will provide financial assistance to needy students of university. President IIUI Dr. Hathal Homoud Alotaibi and Managing Director Bait-ul-Mal Mr. Amir Fida Paracha signed the MoU during a ceremony held the new campus of the university. Under the agreement, the Bait-ul-Mal shall provide stipend to the 175 deserving and brilliant undergraduate students and 75 postgraduate students. These students shall be recommended by the university. Both sides will jointly hold national and international days such as Universal children day, International women day, Thalassemia day, World blood day and World Aids Day. Bait-ul-Mal shall also provide internship facilities to the students of IIU.
Speaking on the occasion, Amir Fida Paracha said that Bait ul Mal is keen to provide financial assistance to all the poor without discrimination of cost, creed and race.
