Visit to enhance cooperation between the Department of Islamic Finance and Banking and the Iraqi Islamic Bank for Development and Investment

Visit to enhance cooperation between the Department of Islamic Finance and Banking and the Iraqi Islamic Bank for Development and Investment

Within the framework of the excellence strategy, and within a series of field visits to a number of Islamic banks, Dr. Jaafar Abdul Amir Al-Hussaini, Head of the Department of Islamic Finance and Banking at the College of Islamic Sciences at Warith Al-Anbiya University, visited the Iraqi Islamic Bank for Development and Investment. During the visit, he met with the bank’s director, Mr. Ahmed Qais Radeef, where they discussed prospects for joint cooperation to raise the skill level of the department’s students, and ways to enhance their practical capabilities.

Mr. Ahmed Qais Radeef expressed his readiness to support this cooperation by holding workshops and training courses for students, with the aim of developing their professional banking skills. A proposal was also put forward to establish a “virtual bank” laboratory in the department, under the supervision of specialized banking cadres, to enable students to simulate the job tasks that they may face in the banking labor market after graduation.

The bank manager stressed that Islamic banks are witnessing continuous expansion and have a promising future in the financial market, which increases their need for graduates of Islamic financial and banking departments, provided that they possess the professional skills necessary to keep pace with the challenges in this field.