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University of Management and Technology, Lahore, Pakistan, held the conference on Islamic Economics, Finance and Banking (IEFB) in March 2020 under the theme Towards Economics and Finance Model of Riyasat-e-Madina (State of Madina).

During the conference, IOU student, Ms. Maryam Azam Qureshi, presented her thesis Financial Sustainability of Selected Islamic Microfinance Institutions - Case Study of Pakistan.

The main objective of Sr. Azam's thesis was to research and investigate the current sustainability of selected Islamic microfinance institutions working in Pakistan. And also, to present the suitable solutions and strategic framework. 

The thesis addresses a global issue of the microfinance sector, which struggles in funds generation and conversion of those funds and donations into profits via Shari'a complaint profit-generating products.