AJMAN, 5th August, 2019 (WAM) -- Ajman University and Noor Bank have launched an AED3.2 million waqf (endowment) initiative to promote the Islamic banking and finance industry in the UAE.

The move followed a landmark agreement signed between the two parties to establish the Noor Fund for Educational Solidarity that provides, in perpetuity, an endowed professorship and four scholarships in Islamic Banking and Finance, IBF, at the College of Business"...