IslamicFinance.de

Mohamed Al-Mady, SABIC Vice Chairman and CEO, has the strong oppinion that the Islamic finance industry is currently going through its brightest phase. Some concepts, such as those based on partnership in profits and risks, which control the relationship between financiers and borrowers, have become a catalyst for more responsible financial practices, which are now widely accepted among the banking community.
The workshop was opened by Dr. Sulaiman Abdullah Aba Al-Khail, the Rector of the university, at the university’s conference building in Riyadh on November 29. The event was attended by Saud Al-Saleh, Secretary General of the Supreme Economic Council, Dr. Fahd Abdulaziz Al-Askar, Dean of the Scientific Research and Secretary General, Research Chairs Programs, Dr. Mohammed Ibrahim Al-Suhaibani, Professor SABIC Chair for Islamic Finance Market Studies, and members of the Scientific Commission of the SABIC Chair, and faculty members of Saudi universities, consultants and practitioners in securities trading industry in the Kingdom.