News Details

IRTI Acting DG Holds Discussions with Al Maalem Financing Company and Hawaz Consulting
1/7/2019

​​The Acting Director General of IRTI, Dr. Sami Al-Suwailem, held a meeting on Thursday, 3 January 2019, with Dr. Saleh Al-Sayari, the CEO of Maalem Finance Company, in Riyadh, Saudi Arabia. The meeting addressed the needs for developing innovative financial solutions based on the principles of Islamic finance. Several solutions were discussed and strategies for implementation. The two parties agreed to sign an MoU to formalize their collaboration in this regard.​

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From left: M. Al-Sabeeh (MFC), Sami Al-Suwailem (IRTI), and Saleh Al-Sayari (MFC).

On the same day, the Acting DG met Dr. Khaled Al-Ghonaim, the CEO of Hawaz ​Consulting Company in Riyadh. Hawaz is interested in behavioral economics and how it can guide policy makers to improve productivity and efficiency. IRTI has conducted research on complexity economics which intersects with behavioral economics at several junctions. The relationship with Islamic economics and finance was also discussed and potential collaboration explored. The two parties also agreed to sign an MoU to coordinate the services to IsDB Member Countries.

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From left: May Al-Baz (Hawaz), Khaled Al-Ghonaim (Hawaz), and Sami Al-Suwailem (IRTI).


IRTI Acting DG Holds Discussions with Al Maalem Financing Company and Hawaz Consulting