LOC09:47
06:47 GMT
(with photos)
PARIS, Dec 14 (KUNA) -- Kuwaiti law researcher Mohammad Al-Kandiri became
on Monday a member of the French Institute of Islamic Finance.
Al-Kandiri, who is Vice President of the National Union of Kuwait Students
(NUKS) in France and neighboring countries, expressed happiness of getting the
membership, saying it was a Kuwaiti achievement before being a personal
accomplishment.
Al-Kandiri, who is preparing a PhD thesis at University of Strasbourg on
commercial law regarding Islamic banks in Kuwait and other Gulf countries,
told KUNA that the institute aims to spread the culture of Islamic finance in
France in particular and Europe in general.
The institute, headed by Jean-Paul Laramee, conducts studies and holds
conferences on Islamic economic from legal, economic, and even social aspects,
he added.
He noted that France recently gave great attention to Islamic economy,
especially after the world economic crisis and the collapse of many banks and
investment companies.
He pointed out that the attention was stressed through issuing a law on
Islamic bounds (sokouk) in France last September, adding that it is expected
that the first Islamic bank here will be established soon.
The French government aims to make Paris one of the main Islamic finance
centers in the world, he noted.
In France, there are many Arabs and Muslims who have a strong influence on
the strength of the French local economy. (end)
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