Post Updated: Please note that this is the new Faculty of Arts & Sciences. Previous news here. Few more references is provided in the comments section of this post for your review.
A Muslim university would be established by the Aga Khan and the Ismaili community with a total investment of about $ 500 million, the president of the Aga Khan Ismaili Council, Iqbal Waljee, said in Karachi on Thursday. He said 1,000 acres of land has been acquired for the purpose on Super Highway in Karachi. The Aga Khan will lay the foundation stone, he said adding that acadamic activity will start from 2011. Waljee said the silver (golden) jubilee year of the Aga Khan as the spiritual head of the Ismaili community is being marked from July 2007 to July 2008 and will be marked by a series of high profile programmes including the lecture series by Karen Armstrong on intellectual traditions in Islam.
Ismailimail 
Mention in Governor’s address in 2002 (at the time, 550 acres were identified):
http://www.aku.edu/news/Con2002/akuconv2002.shtml
His Highness the Aga Khan mention it in 2003 address:
http://www.aku.edu/news/con2003/hh-speech.shtml
2005 – adding 500 acres to an already allocated 500 acres
http://aku.edu/News/archives/akucon2005.shtml
It is also mentioned in detail in “The Eaves of Architecture”, including site plans and renderings.
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