Islamic finance course for QIB staff concludes at QFIS
TRIBUNE NEWS NETWORK
DOHA THE Executive Training Programme for Islamic Banking concluded at Qatar Faculty of Islamic Studies (QFIS) recently.
The training programme, which aims at developing Islamic finance skills towards better understanding of its principles and products, is specially designed for Qatar Islamic Bank (QIB) finance employees.
The training introduced a comprehensive fundamental perspective about Islamic securitisation, gave tips on how to manage Islamic investment funds and studied their potentials.
The training course strikes a balance between Shariah compliant transactions and the conventional ones to avoid risks and Shariah violations.
The training programme exposed candidates to current and potential Islamic finance applications by illustrating several samples and contracts.
The course was presented by two professors Dr Monzer Kahf and Dr Mabid al Jarhi. Dr Kahf is a professor at QFIS in Islamic Finance, and the recipient of the Islamic Development Bank Prize for Islamic Economics (2001).
Kahf lectures internationally on Islamic financial laws, regulations, economics and finance.
He continues his activities as a consultant, trainer, and lecturer in these fields. Dr Kahf has authored more than 28 books and more than 83 articles on Awqaf, Zakah, Islamic finance and banking and other areas of Islamic economics.
Dr Mabid is a visiting professor at QFIS. He is a long-time member of the American Economic Association, the Royal Economic Society, the European Economic Association, the Econometric Society and several other professional groups.
Currently, Dr Mabid is the Technical Editor of the Joint Arab Economic Report, the Secretary-General of the Council of Governors of Arab Central Banks at the Arab Monetary Fund in Abu Dhabi, Director of the Islamic Research & Training Institute (IRTI), IDB, and President of the International Association of Islamic Economics.
QFIS launched The Executive programme in 2009 with the purpose of serving various segments of business and groups of executives to cope with the growth in the Islamic financial industry, as well as the conventional finance & Stock Market sectors.
Through its Executive Training programmes, QFIS was able to develop the operational skills of several executives, update their professional knowledge & prepare them for new levels of leadership in their careers and within their organisations.
With the increasing diversity of financial transactions and vital mobility, it became necessary to recognise the nature of Islamic finance and how it conforms to and contrasts with the conventional banking.