IslamicFinance.de

Al-Jasser had earlier delivered a “tour de force” lecture titled “Macroeconomic Management in an Oil Economy: the Case of Saudi Arabia” in the historic Examinations Hall at Oxford University in the presence of Adrian Wood, professor of International Development at Queen Elizabeth House, Oxford University; Farhan Nizami, director of the Oxford Centre for Islamic Studies (OCIS), and Nazir Tun Abdul Razak, chairman and CEO of Malaysia’s CIMB Bank Group and younger brother of Malaysian Prime Minister Najib Tun Abdul Razak.
The fact that Al-Jasser included Islamic finance as one of four main challenges of managing the Saudi economy going forward is a welcome departure from previous governors of SAMA who dare not speak the name of Islamic banking.