Nobel Laureate Professor Muhammad Yunus, as the first Chancellor of Albukhari International University (AIU)  in Malaysia, gave out degrees to students in its first convocation ceremony  held on Saturday 

The convocation ceremony took place in the elegant convocation hall of the university located in Alor Setar in the state of Kedah in Malaysia. 

Founder of the university, local dignitaries, ambassadors and representatives of diplomatic missions, political leaders, government officials, faculty members of the university were present at the ceremony. 

Yunus in his convocation speech urged students to create a new civilization before the current civilization based on profit-maximization destroys all completely. 

He said the time to create a new civilization is running out very quickly.

READ: BFIU seeks Dr. Yunus’ bank account details

The university established a Yunus Social Business Centre soon after its establishment and it teaches social business across all faculties. Students at the university already created ten 3ZERO clubs with more clubs on the way.

The University has offered to play the coordinating hub for all social business initiatives for Sabah state from all Yunus Social Business Centres in Malaysia. Representatives from organizations interested in social businesses in Malaysia and the representatives from Yunus Social Business Centres from six Malaysian universities flew to Alor Setar to attend a review conference of social businesses in Malaysia with Professor Yunus. 

The university admits students from all around the world who cannot pay for their higher education. All expenses, including travel costs, are borne by the university. Ninety percent of the students of the university are foreign students. The University is established by the Al Bukhari Foundation.