Al Safa Islamic Bank and Arab American University signed a Memorandum of Understanding (MoU) for the Educational and Training Financing Program ("Darajat") in the framework of their efforts to support the educational process and facilitate students' study in Islamic Sharia'a compliant programs.
The agreement was signed by Mr. Nidal Al Barghouthi, General Manager of Al-Safa Bank and Mr. Faleh Abu Arra, Vice President for Administrative and Financial Affairs, representing Arab American University.
The Education and Training Finance program is rated as Sharia-compliant and provides up to 100 percent of the total tuition fees. It allows for monthly payments up to 72 months and gives students the freedom to choose the educational service approved by the bank. In addition, the program is available for all stages of education from school to postgraduate and professional training certificates.
The Arab American University has always seeks to improve to the newest academic programs, scientific research and everything serving students and local community. In response of the development and expansion at the faculties of Aliening Medical Sciences and Nursing and the desperate need to develop modern teaching methods, the university updated from traditional to electronic teaching tools in 19 classrooms and laboratory in the faculties.
Dean of the Faculty of Allied Medical Sciences and Nursing Dr. Mohamed Asia said “Since the beginning of the current academic year and with the support of the University Directors Board and its Presidency, the traditional educational methods have been updated. Handwriting and old whiteboards have been replaced with Smart boards”.