QFB signs MoU with Qatar University

QFB signs MoU with Qatar University

Qatar First Bank (QFB), Qatar’s first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority, has signed a Memorandum of Understanding (MoU) –with Qatar University (QU) aimed at engaging the students of the College of Business and Economics (CBE) in joint activities including guest speaker seminars, internship opportunities and academic research.

The MoU is the first under the Al Rowad initiative which the Bank launched with the aim of providing an enriching learning experience to students and equipping them with crucial Business and banking fundamentals to complement their academic knowledge. The initiative demonstrates QFB’s commitment toward educating and developing the youth of Qatar.

The MoU was signed in the presence of Prof. Sheikha Abdulla Al Misnad, QU President, Dr. Mazen Hasna, Vice-President and Chief Academic Officer Prof. Nitham M. Hindi, CBE Dean, Mr. Abdulla bin Fahad bin Ghorab Al Marri QFB Chairman and Mr. Ahmad Meshari, QFB Acting CEO.

Areas of cooperation will include organization of support and participation in joint activities such as “A Day with a Billionaire”, where the Bank facilitates hosting a prominent figure in the business and finance community to spend a day with the CBE students to share their life experiences and success stories in the business world. The MoU also enables the students to avail of internship and job training opportunities offered by the Bank.

In addition, QFB will present an award to recognize outstanding academic research by the students in the field of finance and economics.

Abdulla Bin Fahad Bin Ghorab Al Marri, Chairman of QFB commented “At its core, QFB’s corporate social responsibility strategy focuses on supporting local bodies and academic institutions that provide the youth with the education and the right skills to support the nation’s vision in its efforts to become a knowledge-based economy. Our collaboration with Qatar University provides us with a unique opportunity to transfer our business skills and professional knowledge to the younger generation to help better prepare for their professional life. “We will be looking forward to a long standing relationship with Qatar University”. He added.

Prof Al Misnad said: “We are pleased to establish this partnership with QFB which provides our students with invaluable opportunities to advance their business education. Hands-on guidance from experts at QFB and interaction with leaders and change-makers in the finance sector in Qatar, will enrich our students’ experiences and complement their education”.

The Al Rowad initiative complements the existing QFB Executive Program that targets university graduates. The Bank plans to expand the initiative to include other universities in Qatar in the near future.