An MOU signing ceremony was held between LUMS and Interloop Limited on January 25, 2018 at the LUMS Campus, in which Interloop provided an additional funding of PKR 26 Million in support of LUMS National Outreach Programme (NOP).
Interloop Limited is one of the generous supporters of LUMS NOP and has actively been contributing towards this cause. The Interloop Endowment Fund was established in 2013 with a principle amount of PKR 30,750,000 for providing financial assistance to the NOP scholars enrolled in undergraduate programmes.
Present at the ceremony, were LUMS Vice Chancellor, Prof. Dr. S. Sohail H. Naqvi and representatives of the Office of Development, LUMS. Interloop Limited representatives included, Mr. Musadaq Zulqarnain, CEO and Chairman Interloop Limited; Col. Ijaz Ahmad Nasir, Special Assistant to CEO and Mr. Humayun Javed Khan, Head of Corporate Communication.
Dr. Naqvi appreciated the efforts that Interloop Limited has provided to support LUMS NOP, adding that contribution from corporations like Interloop Limited would help LUMS keep the promise of need-blind admissions alive. He elaborated that LUMS is on the path of becoming the best University in Asia and support from organisations like Interloop Limited is vital in this regard.
Mr. Musadaq Zulqarnain said that LUMS is not only the best university in terms of providing education but also in terms of its infrastructure. He stressed on the need of focusing more on sports activities within the University which will help the younger generation to be more active and vibrant.