Following is the text of press note issued by Press Information Department (PID) Quote Ms. Maryam Nawaz , Honorary Chairperson, Prime Ministerís Youth Business Loan Scheme held a meeting with Meezan Bankís President, Dr. Imran Usman Shariah Advisor and Mr. Zubair Haider Shaikh and Zubair Mirza ,Heads of Islamic Banking NBP here at PM House Islamabad today. In-depth discussion took place and various aspects of improving the Prime Ministerís Youth Loan programme and introduction of Islamic mode of financing in Youth Loan Business Scheme were reviewed. National Bank of Pakistan acknowledged that it has started Islamic Banking only recently; hence they have limited resources to cope with the expected volume under the programme. Representative of Meezan Bank assured NBP and Ms. Maryam Nawaz that Meezan Bank is willing to provide NBP any assistance in this regard. He also stated that Meezan Bank is planning to join PMís youth Programme, where all facilities will be in line with Shariah doctrine.Ms Maryam Nawaz acknowledged the importance of Islamic financing and emphasized that NBP should expedite their efforts to build up a skilled team so that programme is brought under Islamic mode. She thanked the banks representatives and their efforts in bringing the scheme under Islamic banner. For more information, contact: Haji Ahmed Malik Principal Information Officer Press Information Department (PID) Tel: +9251 925 2323 and +9251 925 2324 Fax: +9251 925 2325 and +9251 925 2326 Email: email@example.com Unquote
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