MESSAGE FROM THE DIRECTOR

             

Dear Colleagues and Practitioners                                

Very warm welcome,                                                

Last three decades were the period of major developments, emerging trends, and new beginnings. Besides the respectful recognition from the academia and policymakers, Islamic Banking System has achieved a historic high growth rate and now it holds a significant share in the global financial market. The Islamic banking has given birth to a new concept in the financial sector where:

The bank-customer relationships have been changed from lender-borrower to investor-entrepreneur that enhanced the concept of profit and loss sharing.

All the financing is back-up by tangible assets that integrated the financial sector with the real economic development.

The sense of corporate social responsibility and the concept of equitable and just-income distribution are emerged.

By recognizing the key features and the potential roles of Islamic banking system, many capitalist financial institutions are opening windows or branches for offering Islamic financial services.

The establishment of Islamic Banking Center IBC) at King Saud University, with the generous funding provided by Mr. Saleh Kamil, is a major milestone towards boosting the research and training in Islamic banking and finance.

The Center is committed to support the Islamic banking and finance through the following threefold orientation: in academics, the center is developing learning and training programs for the students enabling them to be a competent and skilled workforce for the Islamic banking industry; for research, the center will provide platform for conducting applied research, promotion and dissemination of knowledge through workshops and conferences and engagement amongst practitioners, scholars, regulators and academia of national and international level; and providing consultancy and guidance to Islamic banking practitioners, professionals and institutions.       

In addition to above, this center is facilitating the scientific community by providing an e-learning services and necessary data and information related to Islamic banking and finance industry. The center is also providing a platform for conducting workshops, seminars, symposiums, certificates courses and research meetings. These all services are significant for the students, researchers, and practitioners of the banking and financial institutions to assure the consistency of academic learning with the practical world and industry, i.e. satisfying the key requirements of the stakeholder.

I look forward to develop a robust relationship between you and the center, whether as a learner, trainee, alumni, prospective researcher or professional banker.

Please make use of the available resources and services of this center, and return to us with the constructive suggestions, and proposals for further improvements and developments.

Thank you and good luck.

Prof. Mohammed Al-Jarrah, Ph.D

Director,

Islamic Banking Center,

Department of Economics

College of Business Administration

King Saud University

About IBC

The establishment of Islamic Banking Center (IBC) at the department of economics is another leading and appreciable initiative of towards achieving the excellence in the research and development at King Saud University. The Center is established with the generous funding donated by the Shaikh Saleh Abdullah Kamel, Chairman and Founder of Dallah Al-Baraka Holding Foundation, as an expression of his keen interest in the promotion and facilitation of Islamic banking and finance studies and practices. The Center’s budget will come primarily from Sheikh Saleh Kamel Waqf donated to King Saud University for this purpose. Read more...

Director Message

Dear Colleagues and Practitioners Very warm welcome, Last three decades were the period of major developments, emerging trends, and new beginnings. Besides the respectful recognition from the academia and policymakers, Islamic Banking System has achieved a historic high growth rate and now it holds a significant share in the global financial market... Read more...