Sulaiman Al-Qimlas | Bayt Al Mal Investment

World Finance interviews Sulaiman Al-Qimlas, CEO of Bayt Al Mal Investment, on Islamic principles as the software for their human capital

September 17, 2012
Related Videos
  1. Banco Popular Dominicano: Digitalising Dominican finance
  2. Banorte: Growing together, growing with Mexico, growing with you
Related:
  1. Celebrating 60 years of innovation in Dominican banking
  2. Access Bank’s vision: sustainable finance for Africa and beyond
  3. Enriching lives through sustainable finance
  4. A holistic approach to digital leadership
  5. Embracing innovation and empowering communities
  6. Digitalisation and financial literacy vital to Eurozone success
  7. The joy of the voyage starts onshore
  8. Ahead of the curve
  9. How AI is transforming banking
  10. Fintech now and in the near future
Transcript

Sulaiman Al-Qimlas, CEO, Bayt Al Mal Investment Kuwait is the world’s 10th largest oil exporter, and has been enjoying the windfall of rising oil prices. But a lot of this growth is being reinvested in the oil sector, leaving Kuwait’s other industries undeveloped and its economy unbalanced. Sulaiman Al-Qimlas reveals the other sectors currently attracting outside investment, thanks to Kuwait’s $120bn five year development plan; and explains Bayt Al Mal Investment’s new focus on Awqaf, the Islamic equivalent of endowment.