Center of Islamic Banking and Economics

Press Release

Zubair Mughal Wins Islamic Finance Recognition Award, awarded by Women on Boards
(WOB)
The Category under which the award was given named “Mentorship for Developing Female Talent
Pool in Islamic Finance"

(May 09, 2018 (Lahore)): "Women on Board ( WOB ) - Islamic Finance Recognition Award" given to
Muhammad Zubair, Chief Executive Officer, AlHuda Center of Islamic Banking and Economics. The
category under which the award was given named “Mentorship for Developing Female Talent Pool in
Islamic Finance". The ceremony was held in Maldives in this week. WOB Annual Awards embraces the
strength of exceptional working women and side by side men who recognize the wisdom of those who
facilitate women to do so. It is an effort to know that their hard work and wisdom help us to achieve the
shared goals of companies, organizations and of the society. The annual awards provide a prestigious
platform to honour outstanding and successful professionals together with business operations that
promote gender diversity. The awards also provide a prominent platform to honour outstanding and
successful professionals together with business operations that promote Islamic finance and recognize
the female talents in the global Islamic finance industry.

The award was given to the CEO AlHuda CIBE Mr. Muh. Zubair under the category of mentorship Award
for Developing Female Talent Pool in Islamic Finance. In the category any male/female who has
contributed to groom female talent can be nominated to this category. His/her contribution must be
proved with testimony of those females who have been groomed or any other supporting documents
shall be submitted to prove it. On receiving this award the CEO AlHuda CIBE, Mr. Muh Zubair said that I
am very honored to have been nominated to receive this award. He further said that he believes in
women empowerment to promote Islamic banking and finance for impact and growth. Staff
composition usually remains 40% and 60% as men and women respectively. Vast majority of the AlHuda
CIBE international stations are headed by female staff. There are multiple reasons behind the
phenomenon. Female staff are more dedicated and concentrated to work. Females are also more
dedicated religiously as well towards Islamic banking and finance. Presence of females in international
assignment is also dominant during the time span of AlHuda CIBE. As far as women are concerned in
different societies, they are dealt with difference as compare to men. On the other hand Islam was the
first religion grant the respect to the women. In Islam men and women are equal in term of relationship
to Allah; both have same reward on good deeds and both has same punishment on evil deeds. It is to
note that for the growth of Islamic financial industry the rest half of the world should participate for the
development of Islamic finance as there is a momentum to achieve financial inclusion for better and
privileged lifestyle.

AlHuda Center of Islamic Banking and Economics

Head Office: P.O Box. 120867, Dubai - U.A.E, Ph: 00971 55 938 99 00
Pakistan Office: 98 A Sunflower Society J1 Johar Town, Lahore – + 92 (0)42 - 35913096 – 8
Email: info@alhudacibe.com Web: www.alhudacibe.com
 Center of Islamic Banking and Economics
About AlHuda CIBE:
AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and
finance industry for research, advisory and capacity building over the last twelve years. The prime goal
has always been to remain stick to the commitments and provide state-of-the-art Advisory Consultancy
and Education through various well-recognized modes viz.

We are dedicated to serving the community as a unique institution providing Services not only in
UAE/Pakistan but all over the world. We have so far served in more than 35 Countries for the
development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please
visit: www.alhudacibe.com

For Media Contact:

Ms. Shaguftta Perveen - Manager Communications,
info@alhudacibe.com
Call: +92 42 35913096 - 8

AlHuda Center of Islamic Banking and Economics

Head Office: P.O Box. 120867, Dubai - U.A.E, Ph: 00971 55 938 99 00
Pakistan Office: 98 A Sunflower Society J1 Johar Town, Lahore – + 92 (0)42 - 35913096 – 8
Email: info@alhudacibe.com Web: www.alhudacibe.com