The Center for Islamic Economics and Finance (CIEF), part of the College of Islamic Studies (CIS) at Hamad Bin Khalifa University (HBKU), a member of Qatar Foundation (QF), recently hosted its fourth CEOs and Islamic Finance Leaders Roundtable for top management in the finance sector in collaboration with the Qatar Financial Centre (QFC), one of the world’s leading and fastest growing onshore business and financial centers.
The event aimed to provide a better understanding of some of the best mechanisms for institutions to implement corporate social responsibility (CSR) initiatives. Held under the theme of ‘Global Trends in Corporate Social Responsibility for the Financial Sector’, it provided a platform for industry leaders to explore how pragmatic strategies and innovative business paradigms can simultaneously benefit society and maximize shareholder value.
Addressing attendees during his keynote address, Mr. Yousuf Mohamed Al-Jaida, chief executive officer at QFC Authority said: “The importance and impact of CSR simply cannot be understated. The QFC’s approach goes beyond corporate social responsibility towards social investment.
“To this effect, our core focus is on supporting financial literacy and it is on this basis that we have developed our two social investment pillars: youth and education, as well as community development – both are incredibly important and both have great potential to bring about real change.”
The roundtable aimed to create a forum for understanding and enhancing the field of Islamic economics and finance by fostering open dialogue among industry leaders and academia, while providing an opportunity for students to have more involvement in the industry.
Delivering his opening remarks, Dr. Emad El-din Shahin, Dean of CIS, said: “Financial institutions have a key role to play in making positive and lasting contributions to society through their various outreach initiatives. CIS has welcomed industry leaders who participate in these invaluable discussions, and enable us to collectively address how the sector can encourage a more robust economy while meeting the needs of all segments of society.”
The roundtable included an open discussion, moderated by Dr. M. Evren Tok, Associate Professor and Assistant Dean of Innovation and Community Advancement, CIS. HBKU students who participated in the discussion were able to network with industry leaders and gain understanding which will allow them to conduct research on the sector, and possibly obtain internships or employment after graduating.
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