SU, PSX Signs Memorandum Of Understanding To Promote Financial Literacy

In a landmark move to enhance financial education and strengthen ties between academia and industry, the University of Sindh (SU) and the Pakistan Stock Exchange (PSX) have signed a Memorandum of Understanding (MoU) to promote financial literacy, investor awareness and collaborative research on capital markets

HYDERABAD, (UrduPoint / Pakistan Point News - 14th Jul, 2025) In a landmark move to enhance financial education and strengthen ties between academia and industry, the University of Sindh (SU) and the Pakistan Stock Exchange (PSX) have signed a Memorandum of Understanding (MoU) to promote financial literacy, investor awareness and collaborative research on capital markets.

The agreement aims to bridge the gap between theoretical education and real-world financial practices. Key components include joint research on capital market trends, internship and training opportunities for SU students and the organization of seminars, webinars and capacity-building workshops to foster investment knowledge among young learners.

The MoU also envisions curriculum development aligned with evolving industry demands.

The signing ceremony was held at the Pakistan Stock Exchange in Karachi. The University of Sindh delegation was led by Vice-Chancellor Prof Dr Khalil-ur-Rehman Khoumbati, accompanied by Dean of the Faculty of Commerce and Business Administration Prof Dr Jawed Ahmed Chandio, focal person for the PSX collaboration Prof Dr Syed Karim Bux Shah and Director of the Office of Research, Innovation and Commercialization (ORIC) Prof Dr Farhat Naureen.

The PSX delegation was headed by Farrukh H Sabzwari, Managing Director and CEO, alongside senior officials including Obaid Rehman, Assistant General Manager – Business Development, Syed Fahad Asif, Senior Manager, and Saeed Ahmed Soomro, Senior Manager.

The MoU was formally signed by Prof Dr Khalil-ur-Rehman Khoumbati and Farrukh H. Sabzwari.

Speaking at the ceremony, Sabzwari underlined the critical importance of engaging the youth in financial education, citing Pakistan’s low public participation in equity markets compared to regional and global benchmarks.

He called for a united effort to address this gap by equipping young people with the knowledge needed to make informed investment decisions.

Prof Dr Khoumbati reaffirmed the University of Sindh’s commitment to national development through education.

He noted that the institution's wide reach—serving over 40,000 students from across the country and supported by more than 400 PhD-qualified faculty members.

He emphasized that SU is dedicated to advancing investor awareness and contributing not only to capital market development but also to broader economic progress in Pakistan.