Qatar faculty of Islamic studies holds CEO roundtable on Islamic finance

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Monday 16 Nov 2015 - 13:00 Makkah mean time-4-2-1437 Image from Gulf Times Doha, (IINA) - The Qatar Faculty of Islamic Studies (QFIS), a college of Hamad bin Khalifa University (HBKU), held a CEO Roundtable on the subject of "Islamic Finance: Expectations and Reality" last week, organized by the Center for Islamic Economics and Finance- a research center at QFIS, according to media reports. The objective was to encourage a constructive dialogue between academics and the leaders from the financial industry, to build an understanding of different viewpoints on crucial matters, and create a forum for discussing working collaboratively towards building a robust and stable financial industry in Qatar and beyond. The roundtable was also an opportunity to consider strategic issues confronting the Islamic finance industry today. It covered topics such as the primary objectives of Islamic banks in a market-oriented economy, the difference between perceptions of Islamic finance and the reality of the industry, and how Islamic banks can support the needs and expectations of recent graduates looking for employment opportunities. Welcoming remarks were offered on behalf of Dr Aisha al-Mannai, dean of QFIS, by Dr Mohammed Khalifa, professor of comparative religions, followed by remarks from Dr S Nazim Ali, director of the Centre for Islamic Economics and Finance at QFIS, and Dr Tariqullah Khan, professor of Islamic Finance at QFIS. Dr Nazim Ali, the leader of the initiative, observed that an important goal of the roundtable is to get feedback from the industry leaders on the kind of support that academics can provide to the industry. The participants of the roundtable acknowledged the need for the industry and academics to share their viewpoints with one another on a more regular basis. The Centre for Islamic Economics and Finance will soon be publishing a report outlining the deliberations of the roundtable and detailing the recommendations that emanated from it. SM/IINA