Sponsors of Shifa Tameer-e-Millat University
CHAPTER 2 of University Statutes (THE GOVERNANCE – University Authorities and Committees)
3. Board of Governing Sponsors of Shifa Tameer-e-Millat University.
Shifa Tameer-e-Millat University (STMU) Board of Governing Sponsors shall oversee the policies, progress and direction of the University. It is a policy board, functions at the executive level to administer coordination with the management of sponsors and STMU, within the laid down mandate and policies. It is responsible for defining their strategic direction without its involvement in day-to-day functioning. However, major decisions in investments, disinvestments, financial and welfare operations are approved by it. As the highest policy making body, it is invested with the powers necessary to govern their affairs to meet the objectives as laid down in the statement of values and mission of STMU.
CHAPTER 2 of University Statutes (THE GOVERNANCE – University Authorities and Committees)
4. Sponsors of the STMU.
Following are the sponsoring organizations of STMU:
a. Tameer-e-Millat Foundation
b. Shifa Foundation.
c. Shifa International Hospital
CHAPTER 2 of University Statutes (THE GOVERNANCE – University Authorities and Committees)
5. Policy Guidelines.
The Board of Governing Sponsors expects from Shifa Tameer-e-Millat University to:
a. Value holistic development of its team members with total commitment to Islamic ethical conduct and behavior and to excel in the areas of expertise, be innovative, play leadership role with integrity, dignity and mutual respect.
b. Build an environment where all academic policies, rules and functions are developed on the principles justice, honesty, equity, fairness, integrity and individual and organizational esteem.
c. The concept of authority is adhered to the rule of “Amanah”.
d. Establishment of state of the art educational institution and department with a focus on education and training on modern lines alongwith inculcating Islamic ethical values.
CHAPTER 2 of University Statutes (THE GOVERNANCE – University Authorities and Committees)
6. Composition of Board of Governing Sponsors.
Composition of the Board of Governing Sponsors shall be as determined by the Sponsors of Shifa Tameer-e-Millat University (STMU).
CHAPTER 2 of University Statutes (THE GOVERNANCE – University Authorities and Committees)
7. Powers and Duties of the Board.
The Board, in performing the duties shall be entitled to rely on information, opinions, reports, or statements, including financial statements, in each case presented before the Board and may make the key decisions affecting and determining the direction and scope of the STMU funding without prejudice of the generality of the foregoing powers:
a. To hold, and lay down the policy for the administration of the funds and investments of the university, including the approval of the sale and purchase or requisition of immovable property.
b. Acquire, borrow, mortgage and dispose of property of the university.
c. Constitute such financial, technical, advisory and other committees for sale/purchase of assets and launching of development schemes for university, as may be deemed necessary.
d. Providing and transferring funds & property to certain agencies or institutions under their jurisdiction.
e. The development and regular updating of institutional master plans and campuses for the university.