Islamabad (Urdu Point / Pakistan Point News – April 8, 2026) Advisory Committee Meeting blackboard Libra Foundation held in the Supreme Court Pakistanwhere members approved a major agreement aimed at significantly enhancing the organization’s financial sustainability and social care awareness.
The meeting was chaired by Yahya Afridi, who is also the Chairman of the Advisory Board of the Foundation.
It was attended by the presidents of the courts Federalism Sharia Court and all High Courts, reflecting a united commitment of the Supreme Judiciary towards strengthening the institution’s mandate in the areas of governance and social welfare.
The Council considered a proposal for an agreement between Al Mezan Foundation and the International Islamic Medical College. Trustee Ziaur Rahman, District and Sessions Judge, briefed the participants on the negotiations, key features of the draft agreement and its expected financial and social impact.
The revised agreement, reached following a restructuring of contractual terms, is expected to increase the organisation’s revenues to nearly three times the level generated under the previous arrangement, the Board was told. This improvement is likely to enhance financial stability and expand the institution’s ability to manage structured social welfare programmes.
Under the agreement, 43 undergraduate scholarships will be offered annually, including three MBBS seats, with an annual financial benefit of around Rs 75 million.
Over five years, it is expected that 215 students will benefit, while a total of 1,075 scholarships will be awarded over the 25 years of the agreement.
The meeting also reviewed plans to establish Al Mezan Medical Complex, which is expected to enhance asset development and provide improved healthcare facilities to beneficiaries in a sustainable manner.
After detailed deliberations, the Advisory Board unanimously approved the agreement, noting that its terms are balanced, legally sound, and protect the organization’s long-term interests.
The Council registered its appreciation to Mushir Alam, former Supreme Court Judge and Chairman of the Administrative Committee, as well as the members of the Committee, for their continuous guidance and supervision.
It also acknowledged Ziaur Rahman’s efforts in driving governance reforms, organizational restructuring and institutional renaissance, which helped put the institution on the path to transparency, financial stability and sustainable growth.
The Advisory Board reaffirmed its commitment to disciplined governance, structured well-being and long-term institutional development to ensure that the Corporation’s resources are effectively used for the benefit of the public.