MoU between HBMSU and Zhishang Interculture Communication to result in development of new Islamic economic and financial cooperation

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MoU between HBMSU and Zhishang Interculture Communication to result in development of new Islamic economic and financial cooperation

The Dubai Centre for Islamic Banking and also Finance (DCIBF) of Hamdan Bin Mohammad Smart University (HBMSU) recently took part in an arrangement with Zhishang Interculture Communication (Beijing) Co., Ltd. (ZSICC as detailed in Shanghai stock exchange), to promote cooperation in issues associating with Islamic economic situation and financial as well as money. The spots signing of the Memorandum of Understanding (MoU) held at the HBMSU campus.

The MoU, which was authorized by Dr. Mansoor Al Awar, Chancellor of HBMSU and Ms. Lee Hang, CEO of ZSICC, includes the benefit establishing a system for the communication as well as exchange of academic ideas regarding Islamic economic climate as well as financing between UAE as well as China. The contract matches the objectives of the main visit of the state to China early this month that included discussions on profession, financial, social as well as cultural exchange opportunities between the two countries.

Dr. Mansoor Al Awar stated: "This equally helpful partnership in between DCIBF as well as ZSICC is straightened with HBMSU's full dedication to human capital growth in Islamic banking and also financing via the provision of top quality education, training, research study and also community service. The contract also additionally bolsters our objective to assist drive Arab economic climates via expertise creation. This is in adherence to our idea that expertise generation is also achievable by creating resilient ties with key worldwide organizations; hence our countless cooperation with various pertinent leading organizations such as ZSICC.".

Under the terms of the MoU, both celebrations will certainly work together on understanding transfer, exchange of research jobs, circulation of scholastic results, and also publication of study credit reports in the Chinese language. Both sides will certainly likewise jointly conduct conferences, workshops, discussion forums as well as academic seminars along with provide training and business qualification tests for employed individuals.
Various other locations of teamwork include the organization of study tours and brows through; promo of Islamic financial, Takaful, and other Islamic economic projects; and also stipulation of Islamic investment and also funding solutions such as Sukuk, Mudarabah, Musharakah, Murabahah, and Ijarah. The agreement will certainly also allow both celebrations to help with the issuance of Islamic bonds to Chinese companies.

"We anticipate very closely working with our Chinese counterparts in successfully implementing a significant exchange of info and encounters and various other locations of partnership covered by our MoU. Inevitably, HBMSU intends to considerably add to the magnified efforts of the UAE Government in additional strengthening its reciprocal relationships with China through our new agreement," A Awar included.

ZSICC's most recent contract with HBMSU's DCIBF forms part of its goal of building strategic interaction as well as cooperation platforms in between different organizations in China and the Middle East. Headquartered in Beijing, the group's critical objectives consist of promoting the 'economic as well as prominent communication' element of China's 'Belt as well as Road Initiative,' a development approach and also framework that aims to promote more connectivity and participation between the East Asian country and the rest of the globe. It particularly gives solutions as well as consulting services for federal government's public relations, Islamic financial as well as monetary teamwork, cultural exchange, and intercultural interaction.

Ms. Lee Hang, CEO of ZSICC, wrapped up: "We invite our newest partnership with HBMSU and its initiative, DCIBF. Such a tactical collaboration will highlight the important role of knowledge generation and also the exchange of concepts and encounters in the fundamental efforts of the UAE and also China to integrate themselves right into the globe economic climate and also expand their impact in various regions around the world. We are positive that the MoU will certainly even more enhance these efforts by setting up stronger Islamic financial as well as economic participation between both nations.".

The Dubai Centre for Islamic Banking and Finance (DCIBF) of Hamdan Bin Mohammad Smart University (HBMSU) just recently entered into a contract with Zhishang Interculture Communication (Beijing) Co., Ltd. (ZSICC as provided in Shanghai stock exchange), to promote cooperation in issues associating to Islamic economic climate and financial and financing. The spots signing of the Memorandum of Understanding (MoU) held at the HBMSU campus.The MoU, which was authorized by Dr. Mansoor Al Awar, Chancellor of HBMSU and also Ms. Lee Hang, CEO of ZSICC, consists of the job for establishing a platform for the interaction and also exchange of scholastic concepts regarding Islamic economy as well as financing between UAE and also China. Dr. Mansoor Al Awar stated: "This equally useful cooperation between DCIBF as well as ZSICC is aligned with HBMSU's full dedication to human funding development in Islamic financial and also money through the arrangement of top quality education and learning, training, study and community solution.