Tuesday, 4 December 2018

QFC committed to Islamic finance development: CEO

QFC committed to Islamic finance development: CEO:

Chief executive officer of Qatar Financial Centre (QFC) Yousuf Mohamed al-Jaida affirmed that the centre recognises the importance of endowments and Islamic finance in general and is committed to supporting the development of these two sectors through the QFC platform.

He said in a speech at the opening session of the global conference on Awqaf that the prestigious position of Qatar qualifies it to become a leading country in the field of Islamic finance and the management of Waqf institutions, which correspond to the pillars of economic and social development in the Qatar National Vision 2030.

He pointed out that the Awqaf institutions have a historic part in the ancient Islamic heritage, in addition to the possibilities and capabilities made them envisage a future of greater success and prosperity, indicating that the need now is urgent for the existence of active and effective Waqf institutions.

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