Paris group given special session on Islamic finance

| Thursday, October 29, 2009
The Qatar Faculty of Islamic Studies (QFIS), a member of Qatar Foundation hosted a group of Executive MBA participants from HEC Paris.

In their study trip to Doha, the HEC Paris EMBA students were engaged in a study that aims at understanding the region’s present and future role in the global economy from the perspective of its own people. They aimed to identify the competitive advantages of the region’s businesses, explore alternative opportunities in the Gulf and be exposed to its cultural and social drives.

The HEC Paris group attended a special session on Islamic finance organised by the Qatar Faculty of Islamic Studies, led by Dean Hatem Al Karwanshawy.

“Islamic Finance system can nullify the chance for another recession. Many of the foundation of Islamic finance basically deals with real economy, which means gambling products or businesses, speculations about risk is prohibited. If we eliminate these factors in an economic system, no financial crash can occur,” he said.

Joshua Kobb, the group leader, said, “HEC Paris is pleased and honoured to be hosted by the Qatar Faculty of Islamic Studies. HEC has a long history of cooperation with peer institutions around the world, and we hope that in future we will have further opportunities to develop our relationship with QFIS.”

While in Doha, they visited some of the country’s leading organisations, including Qtel, Al Jazeera, Ras Lafan, QSTP and Total, who has been a long-time partner of HEC Paris, where the team also led a special session on the economics of the energy industry.

As leading academic institutions, QFIS and HEC Paris have many similarities.

The Qatar Faculty of Islamic Studies (QFIS) offers a diversity of programmes that include two General Diplomas in Islamic Studies and Finance, as well as four Masters’ Degree programmes in the fields of Public Policy in Islam, Islamic Finance, and Islamic Studies with two specialisations: one in Contemporary Fiqh and the other in Religion and Contemporary Thought. The QFIS has plans to add two additional Masters’ programmes that will come in the near future, one in Contemporary Muslim Societies and the other in Islamic Urban Planning and Architecture.

QFIS was established to achieve intellectual plurality that emphasises the richness and diversity of the Islamic heritage. QFIS organises several seminars on finance and other aspects of Islamic studies in an attempt to contribute to the development of Muslim societies and communities and to efficiently meet the challenges and demands of the era.

On the other hand HEC Paris that was founded in 1881 specialises in management education and research. The center offers a complete and unique range of academic programs for business leaders: the Masters Degrees (MSc programmes and Specialised Masters), the MBA programme (full-time and part-time), the Executive MBA (Paris, Beijing, Shanghai and St Petersburg), the TRIUM Global Executive MBA (In alliance with New York University Stern School of Business and the London School of Economics) and the PhD. HEC Paris is ranked as Europe’s top Business School by the Financial Times.

Link: http://www.thepeninsulaqatar.com/Display_news.asp?section=Business_News&subsection=Local+Business&month=October2009&file=Business_News200910288216.xml

0 Comments:

Post a Comment