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Former SBP governor calls Islamic banking 'economic necessity'
Peerzada Salman
At the launch of Unconventional – The Bank No One Saw Coming by Sibtain Naqvi, former State Bank of Pakistan governor Dr. Ishrat Husain described Islamic banking as an economic necessity rather than just a religious choice. He praised Meezan Bank’s remarkable rise since 2002 as a model of professionalism, integrity, and visionary leadership. Dr. Husain highlighted that Islamic banking promotes equity, fairness, and financial inclusion, offering a balanced alternative to conventional capitalism and socialism. The book and event celebrated Meezan Bank’s journey, its founder Irfan Siddiqui’s leadership, and the institution’s role in reshaping Pakistan’s financial landscape.
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There's no better education than being in jail, says ex PM
Peerzada Salman
At an engaging IBA Karachi session titled “Nazuk Mor or New Directions,” former Prime Minister Shahid Khaqan Abbasi spoke candidly about leadership, politics, and governance in Pakistan. Reflecting on his time in office and imprisonment, he remarked that jail offers unmatched education and reflection — something he believes Imran Khan is now experiencing.
Abbasi acknowledged Imran Khan’s popular support, attributing it to the failure of others, but also criticized the moral decline during Khan’s tenure. He expressed concern over Karachi’s declining state, especially the lack of water in Baldia Town, despite PPP’s long-standing rule. Highlighting Pakistan’s democratic deficiencies, he stressed that repeated free and fair elections are key to improving governance.
He emphasized the need for moral authority and intellectual capacity in political leadership to effectively engage with the establishment, arguing that politics is about service, not power. Abbasi also called for reforms, including new provinces and honest national conversations on critical issues like water scarcity.
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HBL, IBA host first-ever hackathon
THE EXPRESS TRIBUNE
Habib Bank Limited (HBL), in collaboration with the Institute of Business Administration (IBA), hosted the first-ever hackathon under its University Alliance Programme, unveiling an Agri Case Study focused on Pakistan’s dairy sector. The event encouraged students to develop technology-driven and sustainable solutions to agricultural challenges by combining business, finance, and innovation. A three-member IBA team won for their exceptional proposal, earning a ‘Golden Pass’ to HBL’s League Internship and Management Trainee Programme along with a cash prize. HBL stated the initiative aims to nurture future leaders and innovators in Pakistan’s agriculture sector.
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IBA confers 1,046 degrees
The Express Tribune
IBA Karachi held its Convocation 2025 at the main campus, awarding degrees to 1,046 graduates across undergraduate, postgraduate, and PhD programmes. The ceremony also marked the first graduating batches of the MS Data Science and MS Marketing programmes. Sindh Minister for Universities and Boards Muhammad Ismail Rahoo attended as the chief guest, while Dr. Muhammad Amjad Saqib of Akhuwat Foundation was the guest of honour. IBA Executive Director Dr. Akbar Zaidi commended the graduates for their dedication and perseverance. The event highlighted IBA’s commitment to academic excellence and innovation in higher education.
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Discourse dissects mental health issues haunting leadership
THE EXPRESS TRIBUNE'S CORRESPONDENT
The Centre for Entrepreneurial Development (CED) at IBA Karachi, in collaboration with Synapse – Pakistan Neuroscience Institute, held a session titled "Crucial Conversations: Stories of Impact" to address mental health challenges among leaders and entrepreneurs. The event emphasized the role of resilience, purpose-driven leadership, and innovation in emotional well-being. Panels explored leadership pressures and the mental health toll in the startup ecosystem. German Consul General Dr. Rüdiger Lotz stressed the importance of cross-sectoral support systems for emotional resilience, especially for youth in a volatile environment.
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IBA earns AACSB accreditation
THE EXPRESS TRIBUNE'S CORRESPONDENT
IBA Karachi’s School of Business Studies (SBS) has received the prestigious AACSB accreditation, placing it among the top 6% of business schools globally. Established in 1916, AACSB is the world’s oldest and most respected business education accreditation body. This recognition follows a rigorous evaluation involving mentorship, peer review, and a site visit by a Peer Review Team. The accreditation underscores IBA’s commitment to global academic excellence and quality assurance in business education.
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CEJ marks a decade of excellence in evolving media landscape of Pakistan
THE NATION
IBA’s Centre for Excellence in Journalism (CEJ) marked its 10-year anniversary with a grand event titled “A Decade of Excellence” at the JS Auditorium, City Campus. The celebration gathered journalists, diplomats, academics, and students to honor CEJ’s role in strengthening ethical and innovative journalism in Pakistan. Dr. S. Akbar Zaidi highlighted CEJ’s academic and media impact, noting AI’s growing influence and urging dialogue between democracy and journalism. US Consul General Scott Urbom praised CEJ’s partnership in promoting press freedom, skills development, and youth empowerment. Veteran journalists Hamid Mir and Azhar Abbas reflected on censorship, newsroom pressures, and challenges to press freedom. Director Shahzaib Jillani acknowledged CEJ’s decade-long journey of trainings, workshops, and partnerships. The event also featured panel discussions on AI in journalism, fact-checking against disinformation, and video reflections from leading academics. Since 2015, CEJ has trained thousands of journalists and pioneered media development initiatives in Pakistan.
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Friends and colleagues remember Zubeida Mustafa’s pioneering contribution to Pakistani journalism
The News International
The IBA Centre for Excellence in Journalism (CEJ) hosted a memorial to honor veteran journalist Zubeida Mustafa, who broke barriers in Pakistan’s male-dominated newsrooms and mentored generations during her over three decades at Dawn. Speakers recalled her humility, principled work ethic, and pioneering role as one of the first women in senior editorial positions in 1975. Senior journalist Ghazi Salahuddin praised her intellectual rigor and contributions to research-based journalism, while colleagues and friends like Mukhtar Husain, Muna Khan, Rumana Husain, and Zofeen Ebrahim highlighted her encouragement, adaptability, and generosity as a mentor. Her sister, Dr. Fatema Jawad, shared personal memories, emphasizing family values of honesty and punctuality. The gathering collectively recognized Mustafa’s transformative influence on journalism, mentorship, and the pursuit of truth.
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IBA Karachi Organized the Curtain Raiser of its Executive MBA Program- Learn to Build a Sustainable World
THE NEWS INTERNATIONAL
IBA Karachi hosted a curtain-raiser event for its restructured Executive MBA (EMBA) program, emphasizing leadership and sustainability. Executive Director Dr. S Akbar Zaidi highlighted IBA’s expansion beyond business education. Dean Dr. Abdullah Zafar Sheikh introduced the program’s block teaching model, allowing global faculty participation. Faculty members, including Dr. Muhammad Shafique and Dr. Azam Ali, discussed its impact on business leadership. Alumni shared insights on the evolving business landscape. The program, designed for executives in both private and public sectors, is now accepting applications for Fall 2025.
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IBA Karachi & Pakistan Airports Authority Collaborate to Launch Diploma Program in Aviation Leadership & Management through IBA-CEE and CATI
The News International
IBA Karachi’s Center for Executive Education (IBA-CEE) and the Pakistan Airports Authority’s Civil Aviation Training Institute (CATI) have signed an MoU to launch a Diploma Program in Aviation Leadership and Management. The program aims to equip aviation professionals with essential leadership and management skills needed in the evolving aviation sector. The collaboration also plans further capacity-building initiatives, industry-driven training, and leadership development to strengthen Pakistan’s aviation industry. The signing ceremony, attended by key academic and industry stakeholders, signifies a major step toward advancing aviation education and professional excellence in the country.
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IBA's CBER, UNICEF, DUHS jointly organised seminar on World Breastfeeding Week
The News International
IBA’s Centre for Business and Economic Research (CBER), UNICEF, and DUHS jointly organized a seminar to mark World Breastfeeding Week 2025 in Karachi. The event gathered policymakers, healthcare professionals, academics, and civil society to stress strengthening breastfeeding practices in Pakistan. Dr. Lubna Naz welcomed participants, while Ms. Nida Khuhro (MPA, Sindh) highlighted government initiatives promoting breastfeeding laws. Speakers emphasized breastfeeding as essential for child survival, maternal health, and economic sustainability. A panel discussion featuring experts from DUHS, Aga Khan University, civil society, and Sindh’s nutrition department concluded the seminar.
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IBA’s Centre of Excellence in Journalism marks ‘a decade of excellence’ in evolving Pakistan’s media landscape
The News International
The Centre for Excellence in Journalism (CEJ-IBA) marked its 10th anniversary with “A Decade of Excellence” at IBA City Campus. The event brought together journalists, academics, diplomats, and students to reflect on CEJ’s contributions to ethical and innovative journalism. Dr. S. Akbar Zaidi stressed the need to reassess journalism in the AI era, while US Consul General Scott Urbom praised CEJ’s role in press freedom and journalist empowerment. Hamid Mir and Azhar Abbas highlighted challenges of censorship and harassment faced by the media. Shahzaib Jillani acknowledged CEJ’s decade-long journey of training thousands of journalists. Panel discussions on AI in journalism and fact-checking via iVerify further underlined CEJ’s evolving role. Since its inception in 2015, CEJ has pioneered initiatives that strengthened transparency, skills, and democratic dialogue in Pakistan’s media landscape.
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Is PPP leadership capable of resolving long-standing issues, asks ex-PM
The News International's Correspondent
Former Prime Minister Shahid Khaqan Abbasi addressed a public Q&A session titled “Nazuk Mor Aur New Directions” at IBA Karachi, engaging with students and faculty on pressing national issues. Abbasi criticized the Sindh government’s failure to provide basic services in Karachi, specifically citing Baldia Town’s lack of water for years. He questioned the Pakistan Peoples Party’s (PPP) capacity to resolve long-standing public concerns and highlighted the need for action on the canal dispute through the Council of Common Interests. The session, moderated by Dr. Akbar Zaidi and Aliya Naqvi, also touched on governance, political accountability, and economic stability, with Abbasi warning that neglecting farmers could damage the economy. His remarks, laced with both candor and sarcasm, emphasized the need for responsible leadership, institutional reform, and public engagement.
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اسکواش چیمپئن شپ میں میڈل جیتنے والی علی سسٹرز کے اعزاز میں تقریب
اسپورٹس رپورٹر
آئی بی اے کراچی میں آسٹریلین جونیئر اوپن اسکواش چیمپئن شپ میں دو گولڈ اور ایک سلور میڈل جیتنے والی علی سسٹرز (مہوش، ماہ نور اور سحرش) کے اعزاز میں ایک خصوصی تقریب کا انعقاد کیا گیا۔ تینوں بہنیں اپنے والد اور کوچ عارف علی کے ہمراہ شریک ہوئیں۔ اس موقع پر علی سسٹرز نے اپنی کامیابیوں اور تجربات کا اظہار کیا۔ آئی بی اے نے قومی خواتین کھلاڑیوں کی حوصلہ افزائی اور معاونت جاری رکھنے کی یقین دہانی کروائی۔ تقریب میں ڈاکٹر ندا اسلم، علی اکبر، جمشید عیسیٰ، ڈاکٹر سحر اعوان، ڈاکٹر ثنا تو سیف اور ڈاکٹر عظیمہ خان بھی شریک تھے۔ یہ اسکواش کی تاریخ کا تیسرا موقع ہے جب تین سگی بہنوں نے ایک ہی وقت میں انٹرنیشنل پلاٹینیم کیٹیگری چیمپئن شپ کے فائنل تک رسائی حاصل کی۔
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Supreme Court senior puisne judge Justice Syed Mansoor Ali Shah inaugurates an 'ADR International Centre' at the IBA on Friday
Junaid Ahmed
The News photo by Junaid Ahmed
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CEC okays three-month extension of IBA head Dr Akbar Zaidi
Syed Muhammad Askari
The chief election commissioner (CEC) has approved the extension of the tenure of Dr Akbar Zaidi as executive director of the IBA Karachi by three months.
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Department of boards, universities to conduct test for appointing chairmen, controllers and audit officers
Syed Muhammad Askari
The Department of Boards and Universities in Sindh has decided to conduct a test for the appointment of key positions, including chairmen, controllers, secretaries, and audit officers in educational boards across the province. This test will be managed by IBA Karachi. Secretary of Boards and Universities, Abbas Baloch, sent a summary to the Chief Minister on September 27, 2023, outlining the need for these appointments. Following approval, advertisements for these vacancies were published, but several petitions were filed challenging the appointment process. The Sindh High Court has ruled in favor of proceeding with the recruitment via a Search Committee. The test will be conducted by IBA Karachi to shortlist candidates for interviews, as there are over 200 applicants.
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IBA Karachi unable to conduct fresh MDCAT due to ‘lack of expertise and capacity’
Syed Muhammad Askari
A new challenge has emerged regarding the re-conduct of the Medical and Dental College Admission Test (MDCAT) ordered by the Sindh High Court. The IBA Karachi has refused to conduct the test due to a lack of expertise and capacity, as confirmed by its Acting Executive Director Dr. Shakeel Ahmed Khoja. IBA Karachi's Board of Governors had decided in 2002 that the institution would not engage in testing services unless it acquired the necessary resources. In contrast, IBA Sukkur has agreed to conduct the test. Despite the Sindh High Court's order, a meeting between IBA Karachi and IBA Sukkur failed to resolve the issue. The test was originally managed by IBA Karachi but was discontinued in 2002. The Sindh High Court had previously declared the MDCAT conducted by Dow Medical University null and void, ordering a retake of the test by IBA Karachi and IBA Sukkur.
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Murad advises IBA graduates to lead with empathy, integrity, social responsibility
Salis bin Perwaiz
Sindh Chief Minister Syed Murad Ali Shah presided over the IBA Karachi's 2024 convocation, congratulating graduates for their hard work and resilience. He emphasized the significance of leadership rooted in empathy, integrity, and social responsibility. Murad highlighted IBA's 70 years of academic excellence and its commitment to preparing students for global challenges, including advancements in AI and digital transformation. The event also celebrated the largest graduating class, with 1,353 graduates across various disciplines. IBA's alumni network was acknowledged for their contributions, and Rowing Champion Syeda Manahil Hussain received the 'Excellence in Sports' award.
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Finland trains entrepreneurs
The Express Tribune Correspondent
IBA Karachi’s Centre for Entrepreneurial Development (CED) held its ‘Winter Immersion Program’ (WIP) from December 16 to 19 at the City Campus, featuring renowned international trainers. Dr. Sanna Ilonen and Joachim Ramstrom, from Finland's University of Turku, along with Islam Mohamed from Saudi Arabia’s Arweqah Alreyadah, led workshops on entrepreneurship education, research, and incubation management. IBA-CED Executive Director Dr. S Akbar Zaidi emphasized the need for updating the curriculum to keep pace with entrepreneurship trends and creative thinking.
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IBA test mandatory for top postions in Sindh edu boards
The Express Tribune Correspondent
The Department of Boards and Universities in Sindh has partnered with IBA Karachi to conduct a mandatory test for key positions in education boards, including chairman, controller, secretary, and audit officer. A proposal was submitted to the Chief Minister for filling these positions through a competitive process. After challenges in the Sindh High Court, the court allowed the appointment process to proceed with a search committee. The test will help manage the large number of applicants, ensuring only the top candidates are selected for interviews.
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'Technological Ecosystem Holds Immense Potential'
The Express Tribune Correspondent
Sindh Chief Minister Murad Ali Shah addressed IBA Karachi’s convocation, emphasizing the role of educational institutions in shaping Pakistan’s future. He urged graduates to embrace advancements in artificial intelligence, data science, and digital transformation. Shah also highlighted IBA’s upcoming 70-year milestone and its commitment to academic excellence, with 67% of faculty holding PhD degrees. He stressed the potential of Pakistan’s technological ecosystem and youth to contribute globally.
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