Dhaka, Nov 10 (UNB) - To extend cooperation on all academic and institutional matters, a Memorandum of Understanding (MOU) has been signed between Universiti Sains Islam Malaysia (USIM) of Malaysia and the International University of Business Agriculture and Technology (IUBAT) of Bangladesh.

Prof. Dato Dr. Mohamad Muda, Vice- Chancellor of USIM and Prof Dr M. Alimullah Miyan, the Founder and Vice- Chancellor of IUBAT have signed the MOU on Tuesday on behalf of their respective university, said a release on Thursday.

This MOU has been signed in accordance with the principles of friendship, equality and mutual benefit to strengthen friendship ties and to further mutual understanding between Malaysia and the Peoples’ Republic of Bangladesh.

The USIM and the IUBAT have agreed to cooperate on all academic and institutional matters for their mutual enrichment.

This agreement include exchange of professors, selection of examiners, credit transfer, holding seminars and conferences , joint publications, enriching global Muslim outreach network, management of halal food and establishment of Islamic banking.

This MOU also keeps provision for mutual visits for exploring new areas of cooperation.