French keen on learning from Saudi experience in Islamic banking: Envoy

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.

read more on ARABNEWS

http://arabnews.com/economy/islamicfinance/article541319.ece

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