Saudi Vision 2030: Launch of a new program

Riyadh: The Central Bank of Saudi Arabia (SAMA) has launched the Islamic Finance Research Support Program.

According to Arab media reports, the country is taking exemplary steps for the development of all sectors under Vision 2030. This new program of the Central Bank of Saudi Arabia is also a link in the same chain.

According to the report, SAMAA has launched the Islamic Finance Research Support Program to promote research in the financial sector, with the aim of enhancing the country’s significant role in the global Islamic financial sector. It is a research program.

The research program covers Islamic Finance, Financial Technologies (FinTech), Rules and Regulations, Standards and Sharia Governance in Islamic Finance.

Central Bank of Saudi Arabia Workshop on Islamic Finance Emphasizes Research and Development - Saudi Gazette

Local and foreign researchers will also share their observations with the endowment sector, capital markets, mutual funds and other areas related to the Islamic financial sector.

The program is divided into two parts. The first track includes beginning researchers working on their Bachelor’s, Master’s, and PhD degrees. Each selected research paper will win a cash prize of 20,000 riyals. The other track includes professional researchers with professional experience in Islamic finance.

Professional researchers must publish articles in international journals. Each research paper selected on the second track will win a cash prize of 40,000 riyals, with a cash prize of one riyal assigned to the two best essays.

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