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IU, Islami Bank sign MoU for e-payment system
The Islamic University in Kushtia on Saturday signed a Memorandum of Understanding (MoU) with Islami Bank Bangladesh PLC to launch a seamless, campus-wide e-payment system that will allow students to pay all academic and administrative fees online.
The signing ceremony was held in the Vice-Chancellor’s conference room on the campus around 3 pm.
IU Treasurer Professor Mohammed Jahangir Alam and Islami Bank Additional Managing Director and Chief Human Resources Officer Kamal Uddin Jasim signed the MoU on behalf of their respective institutions. Islami Bank Jashore Zone Head and Executive Vice President Shafiul Azam chaired the event.
IU Vice-Chancellor Professor Nakib Muhammad Nasrullah, Pro-VC Professor M Yeaqub Ali, and others were present on the occasion.
Welcoming the initiative, IU VC described the e-payment system as a long-awaited breakthrough in student services.
“For years, students have waited for a reliable, accessible digital payment solution. Today, that dream is becoming a reality,” he said.
“We are grateful to Islami Bank for responding promptly to our call. This collaboration marks a major step toward modernizing our financial infrastructure,” he added.
The new platform is expected to go live within the coming week, enabling students to pay tuition, examination, hostel, and other university-related fees securely and conveniently, anytime and anywhere, without the need for cash or bank visits, reports UNB.