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As part of QIB’s program on “Financial Literacy” Group CEO delivered an educational lecture at Ahmed bin Hanbal School

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QIB Press

Digital Desk

Dec 04, 2016 | 8 Minutes

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Doha 3rd December, 2016: A delegation from Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, visited Ahmad bin Hanbal Independent Boys School on the 29th of November to deliver an educational lecture about the banking and finance industry in Qatar. The visit is part of QIB’s education program on “Financial Literacy” which is specifically focused on cultivating basic financial knowledge to high school students in Qatar.

 The visit was led by Mr. Bassel Gamal, QIB’s Group CEO, who was welcomed by Mr. Ahmed Hussein Al Rahimi, License holder and Principal of Ahmad bin Hanbal Independent School. The visit’s objective was to create awareness among the students on the important role of banks in everyday life. It has been organized as part of QIB’s social responsibility program whereas the Bank is engaging with the local community and collaborating with society’s institutions to support different social activities. QIB’s commitment to supporting the educational sector is originating from the Bank’s belief that today’s youth are tomorrow’s leaders.

 Mr. Gamal started addressing the students by referring to the Government’s investment in education and the recent speech of His Highness the Emir, Sheikh Tamim Bin Hamad Al Thani.

QIB’s Group CEO then gave a brief overview of the history of banks around the world and the increasingly important role of banks in the daily life of individuals and businesses as well as for any country’s economic development and growth. The banking sector’s contribution to Qatar’s National Vision 2030 has been discussed with specific examples to help students understand how banks are providing products and services that help people in Qatar to improve their lives and fuel economic growth for the country as a whole.

He continued by discussing the difference between conventional banking and Islamic banking, highlighting the specific nature and mechanisms of Islamic Banking and how Islamic banks have recently developed innovative Sharia-compliant banking solutions to cover all the financial needs of  individuals, government institutions, large corporations and start ups. Mr. Gamal stressed as well on the importance of developing a savings attitude from a young age for each individual to have control over his finances saying that “it is important to learn how to earn the money necessary to pay for what we really need, to save for what we want in the future and not to forget to help the ones in need along the way”

 Finally, he talked about QIB’s active role in supporting and investing in Qatar’s youth through its summer internship programs and by sponsoring Qatari students to complete their studies in various fields of education.

 From his side, Mr. Ahmed Hussein Al Rahimi, License holder and Principle of Ahmad bin Hanbal Independent School said, “I was very pleased to welcome senior ranking representatives from QIB who were very motivated to raise awareness and encourage students to pursue the banking industry, specifically, the Islamic one. This is very important and will contribute to the development of our economy and implementation of Qatar’s 2030 vision. It also goes along with H.H. Sheikh Tamim Bin Hamad Al Thani’s speech that talked about how Qatar deserves the best from its sons and daughters because they are the future. I would like to give a sincere thank you to QIB’s management for their visit that will have an important impact on the partnerships that our school hopes to have with institutions in Qatar.”

 QIB was honoured to receive a certificate of appreciation from the management of Ahmad Bin Hanbal Independent School, thanking the Bank for the visit and its support in educating the students about banking and finance. 

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