Showing posts with label PAKISTAN. Show all posts
Showing posts with label PAKISTAN. Show all posts

Monday, 6 June 2022

Saudi Arabia joins Muslim countries in condemning BJP leaders’ derogatory remarks on Prophet “P.B.U.H”

 

Saudi Arabia joins Muslim countries in condemning BJP leaders’ derogatory remarks on Prophet “P.B.U.H”

RIYADH, JUN 6: Saudi Arabia joined a host of Muslim countries — including Qatar, Kuwait, Oman, Iran and Pakistan — that took strong exception to derogatory remarks made against Prophet Muhammad (P.B.U.H) by leaders of India’s ruling Bharatiya Janata Party (BJP).

According to Hindustan Times, BJP spokesperson Nupur Sharma and another party leader, Naveen Kumar Jindal, made disrespectful remarks about the Prophet (P.B.U.H) and after worldwide condemnation, India’s ruling party had to distance itself from their statements, announcing disciplinary action against the duo.

Qatar, Kuwait and Iran summoned India’s envoy to register their protest on Sunday, while Pakistan issued a strong demarche to the Indian charge d’affaires on Monday.

Qatar has sought a public apology from India for allowing such “Islamophobic” views without retribution.

Kuwait, in a statement, said it had handed over an “official protest note expressing the State of Kuwait’s categorical rejection and condemnation of the insulting statements against the Holy Prophet (P.B.U.H), Islam and Muslims issued by one of the officials in the ruling party”.

Saudi Arabia also issued a statement condemning the remarks and called for respect for religions.

President Dr Arif Alvi and Prime Minister Shehbaz Sharif also called out the comments made by the BJP leaders.

The president noted that the remarks had hurt the feelings of Muslims around the world. “India under [Prime Minister Narendra] Modi’s Hindutva philosophy is trampling religious freedoms of all its minorities and persecuting them without any impunity”. Meanwhile, Prime Minister Shehbaz tweeted, “… Have said it repeatedly that India under Modi is trampling religious freedoms & persecuting Muslims. World should take note & severely reprimand India.”

He said the love of Muslims for the Prophet (P.B.U.H) was supreme and they could sacrifice their lives for the Holy figure.

In a statement, Saudi Arabia’s foreign ministry said it “reaffirms its permanent rejection of prejudice against the symbols of the Islamic religion and refuses to prejudice all religious figures and symbols”.

The country also welcomed the BJP’s decision to suspend Sharma, the statement added. Qatar summoned the Indian envoy and handed him an official note that expressed Qatar’s disappointment and “its total rejection and condemnation [of] the controversial remarks made by an official in the ruling party in India against Prophet Mohammed … Islam and Muslims,” according to a statement issued by its foreign ministry.

Qatar said it is “expecting a public apology and immediate condemnation of these remarks from the Government of India”.

It noted that allowing such Islamophobic remarks to continue without punishment constituted a grave danger to the protection of human rights and may lead to further prejudice and marginalisation, which will create a cycle of violence and hate.

Meanwhile, Pakistan said the remarks made by two officials of the ruling BJP were “totally unacceptable” as they hurt the sentiments of billions of Muslims around the world.

“BJP’s attempted clarification and belated and perfunctory disciplinary action against these individuals cannot assuage the pain and anguish they have caused to the Muslim world,” the Foreign Office said, urging India to ensure that decisive and demonstrable action was taken against those responsible for making derogatory remarks and attacking the dignity of Prophet (P.B.U.H).

A day later, Pakistan summoned the Indian charge d’ affaires in Islamabad and issued a strong demarche.

In a statement issued today, Pakistan strongly urged the BJP leadership and the Indian government to “unequivocally condemn the sacrilegious comments of the BJP officials and ensure that they are held accountable through decisive and demonstrable action for attacking the dignity” of the Holy Prophet (P.B.U.H).

The ministry further called upon the international community, including the United Nations (UN) and Organisation of Islamic Cooperation (OIC) to take notice of and stop “the dangerously rising ‘Hindutva’ inspired Islamophobia in India, and prevail upon the Indian authorities to prevent the systematic human rights violations against minorities in the country”.

Later in the day, the Pakistan Army also condemned the “blasphemous remarks by Indian officials” in a tweet. Meanwhile, the grand mufti of Oman, Sheikh Ahmad bin Hamad Al-Khalil, tweeted that the “obscene” comments of the spokesperson of India’s ruling party amounted to a “war against every Muslim”.

OIC Secretary General Hissein Brahim Taha also said that the BJP leaders’ remarks came in “context of intensifying hatred and abuse toward Islam in India and systematic practices against Muslims”.

India told both Qatar and Kuwait that the offensive views did not reflect those of the government of India, instead attributing these to “fringe elements”. It said that “strong action” had been taken against those responsible for the derogatory remarks.

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COURTESY DAWN NEWS

Sunday, 5 June 2022

Uproar in Muslim world after BJP leaders’ derogatory remarks on Prophet "P.B.U.H"

 

Uproar in Muslim world after BJP leaders’ derogatory remarks on Prophet "P.B.U.H"

NEW DELHI, JUN 5: Muslim countries have taken strong exception to derogatory remarks made against Prophet Muhammad (P.B.U.H) by leaders of India’s ruling Bharatiya Janata Party (BJP), with Qatar, Kuwait and Iran summoning India’s envoy to register their protest.

Qatar has sought a public apology from India for allowing such “Islamophobic” views without retribution.

Kuwait, in a statement, said it had handed over an “official protest note expressing the State of Kuwait’s categorical rejection and condemnation of the insulting statements against the Holy Prophet (PBUH), Islam and Muslims issued by one of the officials in the ruling party.”

Prime Minister Shehbaz Sharif also called out the comments made by the BJP leader and urged the world to take notice and reprimand India.

“… Have said it repeatedly that India under Modi is trampling religious freedoms & persecuting Muslims. World should take note & severely reprimand India.”

He said the love of Muslims for the Prophet (PBUH) was supreme and they could sacrifice their lives for the Holy figure.

According to Hindustan Times, BJP spokesperson Nupur Sharma and another party leader, Naveen Kumar Jindal, made disrespectful remarks about the Prophet (PBUH) and after worldwide condemnation of these remarks, India’s ruling party had to distance itself from their statements, announcing disciplinary action against the duo.

Qatar summoned the Indian envoy and handed him an official note that expressed Qatar’s disappointment and “its total rejection and condemnation [of] the controversial remarks made by an official in the ruling party in India against Prophet Mohammed … Islam and Muslims,” according to a statement issued by its foreign ministry.

Qatar said “it is expecting a public apology and immediate condemnation of these remarks from the Government of India.”

It noted that allowing such Islamophobic remarks to continue without punishment constituted a grave danger to the protection of human rights and may lead to further prejudice and marginalisation, which will create a cycle of violence and hate.

The grand mufti of Oman, Sheikh Ahmad bin Hamad Al-Khalil, tweeted that the “obscene” comments of the spokesperson of India’s ruling party amounted to a “war against every Muslim”.

BJP suspends party membership of leaders

Following a strong reaction from the Muslim countries, the ruling BJP suspended Sharma and expelled Jindal from the party for their remarks, according to Hindustan Times.

The statement issued by the party did not name anyone but it underlined that the party did not condone insults to any religion and respects all faiths.

“The Bharatiya Janata Party is also against any ideology which insults or demeans any sect or religion. The BJP does not promote such people or philosophy…During the thousands of years of the history of India every religion has blossomed and flourished. The Bharatiya Janata Party respects all religions,” the statement said.

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COURTESY DAWN NEWS

جدت سے ہم آہنگ ڈیجیٹاٸزڈ مالیاتی شمولیت پسماندہ طبقات کی زندگی بدل سکتی ہے

 

جدت سے ہم آہنگ ڈیجیٹاٸزڈ مالیاتی شمولیت پسماندہ طبقات کی زندگی بدل سکتی ہے

عالمی اقتصادی فورم کے موقع پر معاشی ماہرین کا مباحثے میں اظہار خیال


اسلام آباد: ڈیجیٹل مالیاتی شمولیت کے ذریعے پسماندہ طبقات کو قومی دھارے میں شامل کرتے ہوٸے انکی زندگیوں میں مثبت تبدیلی لاٸی جا سکتی ہے۔ ان خیالات کا اظہار بینکنگ رہنماؤں اور معاشی ماہرین نے عالمی اقتصادی فورم  کے موقع پر ڈیوس میں قاٸم کیے گٸے پاکستان پویلین میں منعقد کیے گٸے مباحثے میں کیا۔ 


پاکستان میں مالیاتی شمولیت اور اس ضمن میں ڈیجیٹل ذراٸع کی اہمیت کے حوالے سے منعقدہ  مباحثے کا انعقاد کراچی کونسل آن فارن ریلیشنز (کےسی ایف آر) نے سوئس ایشین چیمبر آف کامرس(ایس اے سی سی) کے تعاون سے کیا تھا۔ مباحثے میںمررین کے پینل میں بنکنگ شعبے سے وابستہ معروف ماہرین بشمول ظفر مسعود، صدر بینک آف پنجاب، شہزاد دادا، صدر یونائیٹڈ بینک لمیٹڈ، کبیر نقوی، صدر یو مائیکرو فنانس بینک (یو بینک)، سلمان علی، سی ای او وی آر جی، رسک ایسوسی ایٹس کے آفتاب رضوی اور سی ای او فٹافٹ عماد چشتی نے شرکت کی۔ مباحثے کی نظامت علی شاہ،  آٸی پاتھ کےسی ای او نے سر انجام دی۔ متعدد ممکنہ سرمایہ کاروں اور معاشی ماہرین کی ایک بڑی تعداد حاضرینمیں میں موجود تھی۔


کراچی کونسل آن فارن ریلیشنز (کے سی ایف آر) اور پاتھ فائنڈر گروپ آف کمپنیز کے چیئرمین اکرام سہگل نے مباحثے کے شرکا اور مہمانوں کو خوش آمدید کہا۔ اس۔موقع پر اکرام سہگل نے اپنی ٹیم کی جانب سے عالمی سطح پر پاکستان کا مثبت امیج ابھارنے کے لیے کی جانے والی کوششوں کے بارے میں حاضرین کو آگاہ کیا۔ سہگل نے اس موقع پر ان تمام افراد اور اداروں کا شکریہ ادا کیا جنھوں مےمالی۔او اخلاقی سطح  ان کی جدوجہد میں تعاون کیا۔ پینل ڈسکشن کے موضوع پر اپنے نقطہ نظر کا اظہار کرتے ہوئے، کے سی ایف آر کے چیٸرمین کا کہنا تھا کہ "مین سٹریمبنکنگ استعمالنہ۔کرنے والے افراد کو بنکنگ کی جانب ماٸل۔کرنا ایک بہت بڑا چیلنج ہے لیکن اس امر میں کامیابی پاکستان میں معاشی استحکام کے حوالے سے انتہاٸی کارآمد ثابت ہو گی"۔ انکامزید کہنا تھا کہ کہ معاشرے کے غریب ترین افراد کو بینکنگ کے مرکزی دھارے میں لانا بہت اہم ہے اور مالیاتی شمولیت میں ڈیجیٹل سروسز کے مناسب استعمال کے ذریعے اس میں کامیابی حاصل کی جا سکتی ہے۔


اس موقع پر اپنے خیالات کااظہار کرتے ہوٸے دی بنکآف پنجاب کے سربراہ ظفر مسعود نے پاکستان میں بینکنگ سیکٹر کا تفصیلی جائزہ پیش کرتے ہوٸے کہا کہ کٸی بڑے چیلنجز کے باوجود پاکستان معاشی طور پر متعدد کامیابیاں حاصل کر چکا ہے۔ ہے۔ ظفر مسعود کا کہنا تھا کہ پاکستان ترقیاتی اہداف کے لیے پرعزم ہے اور اقوام متحدہ کے پائیدار ترقی کے اہداف سمیت قومی اور بین الاقوامی ترقیاتی اہداف کے حوالے سے اہم اقدامات اٹھاٸے جا رہے ہیں۔ اس موقع پر پنجاب بنک کے صدر نے ہاکساتن کے مالیاتی شعبے کو درپیش متعدد مشکلات کی بھی نشاندہی کی۔ ظفر مسعود پاکستان کی آبادی کے حوالے سے اعدادو شمار کا زکر کرتے ہوئے حاضرین کو بتایا کہ پاکستان کی 61 فیصد آبادی 15 سے 54 سال کے درمیان ہے جو کہ بینکنگ سروسز استعمال کرنے کے لیے موزوں ترین طبقہ ثابت ہو سکتا ہے۔ مالیاتی شمولیت کے حوالے سے گفتگو کرتے ہوٸے ان کا کہنا تھا کہ "ڈیجیٹل سپورٹ کے بغیر حقیقی مالی شمولیت کا استعمال تقریباً ناممکن ہے"۔ ظفر مسعود نے کہا کہ انکاادارہ بینکنگ استعمال نہ کرنے والے افراد کو قومی بینکاری کے دھارے میں لانے کے لیے مختلف انقلابی اقدامات کر رہا ہے۔ خواتین کی بینکنگ کے استعمال میں انتہاٸی کم تعداد پر اپنی تشویش کا اظہار کرتے ہوٸے انکاکہنا تھا کہ کل آبادی کا 51 فیصد ہونے کے باوجود صرف 17 فیصد خواتین بینکنگ سروسز استعمال کر رہی ہیں۔ انہوں نے کہا کہ آبادی کے اتنے بڑے اور اہم طبقے کو صرف ڈیجیٹلائزڈ مالیاتی شمولیت کے ذریعے ہی بینکنگ کے دائرے میں شامل کیا جا سکتا ہے اور اس سلسلے میں متعدد اقدامات کیے جا رہے ہیں۔


 اس موقع پر یوناٸیٹڈ بنک لمیٹڈ کے صدر شہزاد دادا نے اپنے خیالات کا اظہار کرتے ہوئے کہا کہ پاکستان تیزی سے ترقی کرنے والے ممالک میں سے ایک ہے اور ملکی حالات سرمایہ کاری کے لیے انتہائی سازگار ہیں۔ پاکستان میں مالی شمولیت کی اہمیت پر بات کرتے ہوئے انہوں نے کہا کہ روایتی بینکنگ سروسز کے استعمال میں کمی کی بہت سی وجوہات ہیں جن میں سب سے اہم وجہ بینکوں تک رسائی ہے کیونکہ ملک کی زیادہ تر آبادی دیہی علاقوں میں رہتی ہے لہذا بینکوں تک رساٸی ایک اہم۔مسلہ ہے۔ دادا کا کہناتھا کہ پاکستان میں ایک لاکھ افراد کے لیے صرف 10 بینک برانچیں ہیں جب کہ ایشیا میں یہ شرح 16 کے قریب ہے، ایسی صورت حال میں مالیاتی شمولیت بہت مفید ثابت ہوسکتی ہے، خاص طور پر جب ڈیجیٹل وسائل کے درست استعمال کو یقینی بنایا جائے۔


مالیاتی شمولیت میں ڈیجیٹل خدمات کی اہمیت پر ایک سوال کا جواب دیتے ہوئے، یو بینک کے صدر کبیر نقوی نے سامعین کے ساتھ کچھ زمینی حقائق شیٸر کیے۔ ان کے مطابق، صارفین اور ان کی ضروریات کو سمجھنا مؤثر مالیاتی شمولیت کے سیٹ اپ کے لیے سے سب سے اہم عنصر ہوتا ہے۔ انہوں نے یو بینک کی جانب سے دور دراز رلاقوں میں برانچوں کے قیام کے ذریعے دیہی آبادی تک رسائی کے لیے کی جانے والی کاوشوں کازکر کرتے ہوٸے بتایا کہ ان دوردراز برانچوں میں یوبینک کا عملہ مالی شمولیت اور ڈیجیٹل وسائل کے استعمال کے بارے میں صارفین کو براہ راست تربیت اور آگاہی فراہم کرتے ہیں۔


مباحثے میں وی آر جی کے سی ای او سلمان علی نے مالیاتی شمولیت کے حوالے سے ایک بالکل مختلف نقطہ نظر پیش کیا۔ انہوں نے حاضرین کو بتایا کہ پاکستان میں 192 ملین لوگ موباٸل فون استعمال کرتے ہیں اور ان میں سے اکتالیس فیصد کے پاس سمارٹ فون ہیں جبکہ باقی لوگ عام فیچر فون استعمال کرتے ہیں جس میں انٹرنیٹ کی سہولت میسر نہیں ہوتی۔ سلمان علی کاکہنا تھا کہ فیچر فون استعمال کرنے والے یہ لوگ درحقیقت بنکنگ سے دور ہیں اور ان کے لیے مالیاتی شمولیت انتہاٸی اہمیت کی حامل ثابت ہو سکتی ہے۔ ان کا کہنا تھا کہ انکی کمپنی اس ضمن میں کام کر رہی ہے اور فیچر فون استعمال کرنے والے صارفین کو یو ایس ایس ڈی کوڈ کے زریعے منٹوں میں کسی بھی بڑے بینک میں اکاٶنٹ کھولنے کی سہولت فراہم کر رہی ہے جس کے لیے انٹرنیٹ یا سمارٹ فون کی کوٸی ضرورت  نہیں ہوتی۔ 


اس موقع پر رسک ایسوسی ایٹس کے آفتاب رضوی، سی ای او فٹا فٹ عماد چشتی اور ممبر بنک آف پنجاب آصف ریاض نے بھی اپنے خیالات کا اظہارکیا۔۔۔۔

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2022 China Soong Ching Ling Foundation "Junior Cultural Ambassadors" Event lanuched

 

2022 China Soong Ching Ling Foundation "Junior Cultural Ambassadors" Event lanuched


ISLAMABAD, JUN 5: In order to promote cultural exchanges and mutual learning, and tighten people-to-people bonds between different countries, China Soong Ching Ling Foundation launches the 2022"Junior Cultural Ambassadors" Event. The event is expected to build a platform for young people all over the world to make the acquaintance of each other both online and offline, and bring out more junior cultural ambassadors who would make their own share of contribution to people-to-people exchanges.


The 2022 event, under the theme of "Get Connected Through Art: My Favorite Chinese Arts", encourages young people to exchange ideas and tell stories about Chinese culture through videos. With the support of the Bureau of International Exchange and Cooperation of the Ministry of Culture and Tourism of the People's Republic of China and Guangming Online, the event is hosted by the China Soong Ching Ling Science & Culture Center for Young People and China Cultural Centers Overseas. 



Exchange among civilizations spurs diversity, mutual learning promotes the richness of civilizations. Different civilizations complement each other and together constitute a world that blooms with cultures. In order to further strengthen communication and understanding and write a new chapter of friendship among young people around the world, China Soong Ching Ling Foundation, with the support of the Bureau of International Exchange and Cooperation, Ministry of Culture and Tourism of the People's Republic of China, and working together with China Cultural Centers Overseas, is delighted to invite teenagers aged 13 - 16 around the world to participate in the 2022 China Soong Ching Ling Foundation "Junior Cultural Ambassadors" Event. 


The arrangements of the event are as follows:

    I. Main Theme

Bridge of Friendship & Ambassadors of Culture

    II. Theme of Year 2022

Get Connected Through Art: My Favorite Chinese Arts

    III. Organization

Sponsored by: China Soong Ching Ling Foundation

Supported by: Bureau of International Exchange and Cooperation, Ministry of Culture and Tourism of the People’s Republic of China; Guangming Online

Organized by: China Soong Ching Ling Science & Culture Center for Young People; China Cultural Centers Overseas

    IV. Participants Eligibility

Teenagers aged 13 and 16 (born between January 1st, 2006 and December 31st, 2009) are eligible to participate.

    V. Awards 


  1. Title of "Junior Cultural Ambassador"

A total of 30 "Junior Cultural Ambassadors" will be selected and awarded certificates and prizes.

   2. Excellence Award

Certificates and prizes of “Excellence Award” will be presented to 30 teenagers.

   3. Excellent Organizer Award

Institutions that actively promote teenagers to participate in activities and perform outstandingly, will be conferred with Excellent Organizer Award.

   4. Others

Other awards such as the Popularity Award will be set up when necessary, and commemorative certificates will be awarded to participants.

   VI. Entry Format


   1. Languages

It is recommended to use UN working languages in the video. These include Chinese, English, French, Russian, Arabic, and Spanish. Participants who are not of Chinese origin using Chinese, will be given extra points during the review.


   2. Video Length

The total duration of the video should be less than 4 minutes. The duration of the self-introduction and ending part of the video should be less than 1 minute, and that of the main body should be no longer than 3 minutes.


   3. Content

(1) Self-introduction

(2) Main body: Videos should be created under the theme of "Get Connected Through Art: My Favorite Chinese Arts". Participants could show a Chinese art in the fields of painting, calligraphy, architecture, costumes, folk arts and crafts, etc., or tell your stories about Chinese arts through writing, performing, producing etc. The video shall be rich in content, closely linked to the theme of Chinese art, beautifully produced, and have strong expressiveness and appeal.

(3) Ending: Good wishes for the event.


   4. Video Format

The video should be clear, stable, well-composed, and the image should be synchronized with the sound. The video should be an uncompressed .avi, .mov, .wmv or .mpg file. The resolution ratio should be 1920×1080, and the video must be shot in landscape (widescreen panoramic). Non-original videos will not qualify, and please do not add watermarks or subtitles to the video.

   VII. Online Registration

 1. A registration port is now available on the web-page of the event. Applicants should fill in the registration information online and submit videos as required.

Registration link: 

https://vote6.gmw.cn/photo-list.html?collection_id=489

  Scan QR code to enter the registration port

  2. Deadline for submission is by midnight of July 31st, 2022 (subject to the time of submission on the web-page).

  3. For further information:

  E-mail:hdzj@sclc2017.org

  Tel.:(+86) 010-53935571,(+86) 13511080846

    VIII. Online Display and Poll

  A web-page for the 2022 "Junior Cultural Ambassador" Event has been created on the website of Guangming Online (https://topics.gmw.cn/node_145214.htm). Outstanding entries will be displayed on the web-page and polled. Detailed arrangements will be announced later.


The award ceremony will be held in December 2022. More information will be released from the web-page of the event.



   1. The entries should be consistent with the theme of the event, featuring healthy and positive content, and demonstrate understanding and enthusiasm for Chinese arts.


   2. All entries submitted should be original and with no infringement of the copyright, patent rights, trademark rights, reputation rights, and/or other legal rights of any third party. In the case of any unqualified entry, the organizer has the right to unilaterally cancel qualifications of participation or awards at any point.

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Digitized Financial Inclusion may change fate of underprivileged: Experts

 

Digitized Financial Inclusion may change fate of underprivileged: Experts

KCFR hosted exclusive panel discussion on Financial Inclusion at WEF


ISLAMABAD, JUN 5: Banking the unbanked population through digitized financial inclusion may bring positive change in the lives of the underprivileged populations and the national economy. This was stated by banking leaders and financial experts while sharing their views during a panel discussion “Digital Affairs: Financial Inclusion in Pakistan” hosted by Karachi Council on Foreign Relations (KCFR) in association with Swiss Asian Chamber of Commerce at Pakistan’s Pavilion on the sidelines of World Economic Forum Davos last week.


The panel comprised of lead bankers including the keynote speaker Zafar Masood, President Bank of Punjab (BoP), Shazad Dada, President United Bank Ltd (UBL), Kabir Naqvi, President U Microfinance Bank (UBank), Salman Ali, CEO VRG, Aftab Rizvi, Risk Associates, and Imad Chishti, CEO Futafut. The discussion was moderated by Ali Shah, CEO iPath while a large number of potential investors and economic experts were present in the audience.  


Ikram Sehgal, Chairman Karachi Council on Foreign Relations (KCFR) & Pathfinder Group of Companies welcomed the guests and briefed the audience regarding the efforts being made by his team to build a positive image of Pakistan globally. Sehgal extended his gratitude to the people who stood beside his team in making such patriotic efforts. While sharing his viewpoint on the panel discussion topic, KCFR Chairman said “banking the unbanked is a huge challenge but it may lead us to the glory of economic stability and national growth”. Bringing the poorest members of the society into the mainstream of banking is the most important achievement and it seems to be possible through financial inclusion equipped with digital facilities, he added.


Delivering his keynote address, BOP President Zafar Masood shared an overview of the banking sector in Pakistan and mentioned that despite massive challenges, Pakistan went way ahead of many other countries in terms of economic success. BOP President said that Pakistan has been committed to development goals and huge strides were being taken by the country in terms of national and international development goals including UN’s sustainable development goals. Masood also pointed out major hurdles which were being faced by Pakistan’s financial sector in banking the unbanked. While mentioning different proportions of Pakistan’s population, he said that Pakistan’s 61 percent population is between the 15-54 age group which would be most suitable for using the banking services while 35 percent of the Pakistani population is below 15 years of age and they would be ready for tomorrow’s banking. Terming financial inclusion as a heart-touching subject, BOP President said “true financial inclusion without functional deployment of a digital solution is almost impossible”. Zafar Masood stated that Punjab Bank is taking various revolutionary measures to bring non-banking customers into the national mainstream banking. Expressing his concerns BOP President said that despite being 51 percent of the total population, only 17 percent of women are using banking services. He said that such a large and significant section of the population could be included in the banking circle only through digitized financial inclusion and several steps were being taken in this regard. Masood also acknowledged KCFR Chairman Ikram Sehgal and his team for their patriotic efforts in making such events a massive success around the globe.


UBL President Shazad Dada, while sharing his views said that Pakistan is one of the fastest-growing countries and the conditions are very conducive to investment. Discussing the importance of financial inclusion in Pakistan, he said that there are many reasons for the decline in the use of traditional banking services, the most important of which is accessibility as most of the country's population lives in rural areas. He said that there are only 10 branches for 100,000 people in Pakistan whereas in Asia this rate is close to 16. In such a situation, financial inclusion can be very useful, especially when the proper use of digital resources is ensured.


While responding to a question on the importance of digital services in financial inclusion, Kabir Naqvi, President UBank shared some valid facts and ground realities with the audience. According to him, understanding the customer and their requirements would be the most important factor in terms of an effective financial inclusion setup. He elaborated the efforts being made by UBank to reach the unbanked rural population through establishing far-flung branches where UBank officials provide direct trainings and awareness to the customers on financial inclusion and usage of digital resources. 


Salman Ali, CEO VRG offered a very different perspective on financial inclusion. He told the audience that 192 million people in Pakistan use mobile phones and 41 percent of them have smartphones while the rest use simple feature phones. Salman said that the majority of people using feature phones is actually unbanked due to certain reasons while the financial inclusion can prove to be of utmost importance for them. VRG is working in this regard providing the customers a many-to-many business solution which enables them to open an account in any major bank by using a USSD code on their feature phone without internet. 

Aftab Rizvi of Risk Associates, CEO FutaFut Imad Chishti, and Asif Riaz, Member Bank of Punjab also expressed their views on the occasion.

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