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France to learn from Saudi experience in
Islamic banking
Friday December 02, 2011 12:24:22 PM,
Agencies
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Jeddah: French academics have shown
their keenness to make use of Saudi expertise and experience in
Islamic banking and finance, said Saudi Ambassador to Paris,
Muhammad bin Ismail Al-Asheikh.
The ambassador made this comment while holding a reception in
Paris on the occasion of the launch of an academic chair titled
"Financial morals and principles: Islamic banking as a model", a
media report said.
The chair is established in Sorbonne University as a joint
research project of King Abdulaziz University (KAU) in Jeddah and
the French university.
"Saudi Arabia is a good reference for Islamic banking and
finance," Arab News quoted the Saudi Ambassador.
He expressing hope that the chair
would support French economy with new researches in Islamic
finance.
He commended the role of Saudi businessmen in supporting such
research projects in Saudi and foreign universities. The new chair
is financed by Muhammad Hussein Al-Amoudi, a prominent Saudi
businessman.
A large number of Saudi and French academics, economists and
Islamic banking experts attended the ceremony in Paris, including
Osama Tayeb, president of KAU and Professor Christine Mengin, vice
chancellor of Sorbonne University.
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