DOHA: QInvest, Qatar’s leading Shariah compliant investment group, has signed a Memorandum of Understanding (MoU) with Carnegie Mellon University in Qatar (CMU-Q) to cooperate in the fields of research and education, said a statement yesterday.
The MoU will offer QInvest the opportunity to use CMU-Q’s educational programmes, research and strategic studies, as well as those from select schools at Carnegie Mellon’s US campus. QInvest in return will provide CMU-Q’s new graduates and students in their final year the opportunity to spend one month working at QInvest under the bank’s QTALENT initiative.
The MoU was signed by Tamim Hamad Al Kawari, QInvest’s CEO and Farnam Jahanian, provost of Carnegie Mellon University, and Ilker Baybars, dean and CEO of CMU-Q at QInvest’s office.
The Memorandum of Understanding signing ceremony was also attended by top management team including Fadhel Annan, assistant dean for government and corporate affairs at CMU-Q, and QInvest’s Duncan Walker, Chief Operations Officer, Pascale Al Sabbagh, Assistant Vice President, Human Resources, and Bassel Hanbali, QTALENT’s Programme Coordinator and Director, who is also the Head of Marketing, Corporate Communications and Investor Relations.
QTALENT is an internship programme that QInvest developed to provide students and new graduates the opportunity to work in a challenging and dynamic environment across a wide variety of projects and sectors in Islamic financial services.
CMU-Q’s Baybars praised QInvest’s contribution to business education: “QTALENT is a market-leading internship program, one which will truly benefit our students. It is invaluable experience for students to learn international best practices across investment banking and asset management before they begin their careers.”
Al Kawari, said: “We are very pleased to have introduced this significant program. Developing the next generation of Qatar’s workforce is extremely important to QInvest and we place significant emphasis on training and developing all of our young people. We are excited about this collaboration with CMU and we look forward to welcoming our new interns to QInvest later this year.”
The Peninsula