|
In today’s fast paced world Islamic Banking is a phenomena that cannot be ignored by any Country or Government, and Qatar has made necessary regulatory amendments to support this initiative. We now have the potential to maximise the full advantage of the Islamic banking window license issued to offer a wide range of products and serves ranging from retail and corporate banking to investment services. Hence we have aligned our Islamic Banking business strategies with the right resources by developing a pool of the required skills and talent, and putting in place the proper risk management systems and good corporate governance practices.
We had engaged world class consultants and leading advisers in Islamic Banking, to help us understand the needs and trends of Islamic Banking services among our customers in Qatar and in our in depth customer research and we learned that our customers find Islamic Banking to be an attractive proposition and it fulfills their financial needs.
We also found that the credibility and strength of the Islamic Bank services depend on its Sharia’a Supervisory Board. Hence that is why we have invited leading scholars to represent Al Safa’s Sharia’a Board.Al Safa’s SSB comprises of 3 of the renowned names in Islamic Banking, Sheikh Abdul Aziz Al Khulaifi (Qatar), Dr. Mohammed Al Elgari (Saudia Arabic) and Dr. Abdul Sattar Abu Ghuda (Syria); each of them being prominent members on Sharia’a boards of various banks.
Making Al Safa possible in such short time was a challenge. We managed this by pooling together the expert knowledge of world class consultants and brought on board a team of professionals that boast of commendable experience within Islamic Banking.
Finally we are committed to Qatar and her people and will expect that like always they will support us by supporting Al Safa Islamic Banking, because we believe that only together we can make a difference. We look forward to actively lead and contributions to the growth of the Islamic banking and finance in the country.
Thank you
| 
