Posted on June 28, 2015

Qatar Finance and Business Academy (QFBA), which operates under the auspices of the Qatar Financial Center (QFC), has announced the signing of a memorandum of understanding with the Dirassat Company for Research and Consulting in Islamic Banking, the leading provider of Islamic banking services and products in Qatar. According to this MoU, QFBA will provide a full range of education and training programs in Islamic finance systems, Islamic banking, leadership skills and business management to a new generation of professionals and experts.

The MoU, endorsed by QFBA CEO Dr. Abdulaziz Al Horr (pictured) and Dr. Mohammed Ghiyath Sheikhah from Dirassat Company, confirmed that QFBA will provide world-class training and educational services to Derasat Company for developing human capital in the Islamic banking industry. The MoU affirmed the importance of cooperation and coordination between the two parties to implement the agreed training and educational programs to achieve true benefits for both businesses and also the industry as a whole.

QFBA signs MoU with Dirassat 3 [].jpgQFBA CEO Dr. Abdulaziz Al Horr said; “We are fully aware that sustainable development and the furtherance of the finance and business environment constitute a vital and on-going task which depends heavily on developing the skilled human resource capable of translating our visions and dreams into reality. Thanks to QFBA’s qualified and trained staff and the support of the QFC and various agencies in the country, we are sparing no effort in providing the best training services aiming to nurture and develop the talents of Qatari citizens and foreign residents in Qatar.

QFBA Chairman, Sheikh Fahad, commented; “This MoU is only the beginning of longstanding partnership that will pave the way for both parties to work together in developing future education plans and training in a way that contributes to Qatar’s 2030 vision, which seeks to build a knowledge-based economy, in line with His Highness Sheikh Tamim bin Hamad Al Thani directives on making Doha a center for Islamic banking in the region.”

Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani Chairman of Dirassat said; “Today’s MOU signifies a step change for the financial industry not just here in Qatar but the region. With the solid foundations of this significant partnership I am confident we can engage a new generation of trained and skilled professionals with which to staff our growing banking and business sectors as we move towards a future built on knowledge and education.”

Dr Mohammed Ghayath Shaikha from Dirassat Company reiterated that a vision is nothing without the qualified and skilled professionals necessary to make it happen and good employee management to allow them to succeed. Therefore, Dirassat is always looking to sign progressive MoUs with cutting-edge international organizations and consulting firms to provide the best training courses for the development of existing workforces, upgrading their competencies, implementing the company's goals and supporting Islamic banking growth.

QFBA signs MoU with Dirassat 2 [].jpgThe QFBA offers a full range of year-round courses, available in areas such as banking, insurance, finance, Islamic finance, capital markets and asset management, compliance and anti-money laundering, business & management, as well as training for soft skills and foundation skills. In addition, QFBA’s experienced training staff are already working with many large organizations, including brands in both the B2B and B2C arenas in Qatar that have active financial training mandates for their staff.

Islamic banking is one of the most prominent services for Dirassat Company, which specializes in Islamic economics and provides banking services in line with Islamic law. Dirassat Company is currently working on enhancing Islamic banking services and solutions to improve the quality of what they offer to their customers in leading public and private institutions in Qatar.