By P.K. ABDUL GHAFOUR | ARAB NEWS
JEDDAH: French academics have shown their keenness to make use of Saudi expertise and experience in Islamic banking and finance, said Saudi Ambassador to Paris, Muhammad bin Ismail Al-Asheikh.
The ambassador made this comment while holding a reception in Paris on the occasion of the launch of an academic chair titled “Financial morals and principles: Islamic banking as a model.”
The chair is established in Sorbonne University as a joint research project of King Abdulaziz University (KAU) in Jeddah and the French university.
“Saudi Arabia is a good reference for Islamic banking and finance,” the ambassador said, expressing hope that the chair would support French economy with new researches in Islamic finance.