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EIB, HCT in Islamic banking chair deal

/ 18 June 2011

ABU DHABI - Emirates Islamic Bank, or EIB, has signed an agreement with the Higher Colleges of Technology (HCT) to set up a chair in Islamic banking and to provide HCT students with opportunities to develop skills and careers in the growing UAE Islamic banking and finance sectors.

The agreement was signed yesterday by Shaikh Nahyan bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research and HCT Chancellor and EIB CEO Abdulla Showaiter. With this agreement, EIB becomes one of the founding members of the HCT Foundation’s HCT 100 corporate group. EIB will work closely with HCT to develop programmes in Islamic finance studies throughout the HCT system, courses and materials that are relevant to the industry.


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