Jeddah, Kingdom of Saudi Arabia: – Acting Director General of the Islamic Research and Training Institute (IRTI), Dr. Sami Al-Suwailem, has held series of meetings with representatives of public and private sector institutions in Morocco to discuss partnership opportunities in Islamic Finance. The meetings were held on 18-19 June 2019 in Rabat.

Dr. Al-Suwailem met with Dr. Mohamed Hamour, CEO of Guidance Financial, which invests in Islamic banks and financial institutions in Islamic Development Bank (IsDB) member countries. The meeting focused on exploring investment opportunities in financial technology for Islamic financial institutions.

Another meeting was held with Mr. Alwaleed Hammour, Manager of the IsDB Regional Hub in Rabat, to discuss IRTI activities in Morocco and the country’s needs in the field of Islamic Finance. The subjects discussed included training needs for public institutions in Morocco; partnership with the Ministry of Commerce, Industry and Digital Economy regarding IRTI’s Smart Economy Initiative; and organizing a seminar for development institutions in Morocco.

Dr. Al-Suwailem also had a meeting with Dr. Mohamed Tkiouat, Deputy Director of the Islamic Financial Engineering Lab at Muhammadiyah School, Mohammed V University. The meeting addressed areas of research that the Lab could focus on in order to serve the needs of the Islamic financial industry in the region.

The IRTI Acting Director General further met with the Director of the High Institute of Business in Morocco (ISCAE), Mrs. Nadia EL Bouaamri, and Mr. Younis Al-Huraishi, a member of the Institute's faculty. The Institute is one of the best business schools in Morocco and has graduated a large number of leaders in the government and private sectors in the country. The meeting focused on opportunities for cooperation, ISCAE’s capacity building needs in Islamic Finance, as well as possibility of ISCAE’s participation in the Smart Economy Plan for Morocco.

Dr. Al-Suwailem then met with Dr. Wael Amino, General Manager of Al Maali Consulting Company. Dr. Wael is a graduate of the Islamic Financial Engineering Laboratory at Muhammadiyah School. The meeting considered cooperation opportunities with IRTI as well as the performance of the Islamic Financial Engineering Laboratory.

-Ends- 

About IRTI:

The Islamic Research and Training Institute (IRTI) is a Member of the Islamic Development Bank (IsDB) Group responsible for knowledge creation and dissemination in Islamic Economics and Finance, and fostering the use of Islamic Finance to contribute to the sustainable development of IsDB member countries. More information about IRTI is available on www.irti.org . For enquiries about IRTI, please contact Habeeb Idris Pindiga ( hpindiga@isdb.org ).

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.