Qatar Islamic Bank (QIB) has announced the successful conclusion of its Financial Literacy Programme, ‘How Money works?’, for the first semester of Academic Year 2020/2021.
Developed by QIB in collaboration with Injaz Qatar, the programme graduated 515 secondary school and universities students from more than 70 institutions in Qatar. This semester, the initiative was held in three sessions with record attendance seen across the programme. The number of students who benefited from the programme since launched in 2018 stood over 1,300.
For the first time since 2018, the programme was carried out digitally, utilising new teaching methods, and guaranteeing more flexibility and easier access for all students.
Tutored by QIB volunteers Louai Ayad, Hani Ali, and Ahmed Aizeldin, the sessions were held virtually in September and October 2020. All sessions were tailored to introduce secondary and first year university students to best practices related to earning money, budgeting, expenditure planning, saving, and investment, in addition to banking security standards and personal finance protection.
Commenting on the successful conclusion of the programme’s first semester, Mashaal Abdulaziz al-Derham, assistant general manager, head of Corporate Communications & Quality Assurance at QIB, said: “We are happy to see such unprecedented demand and interest in our innovative financial literacy programme. The record number of graduates from this semester reflects our success in attracting students who are eager to know more about how to best manage their money and how to implement the best saving and investment practices in the future. 
“In partnership with Injaz Qatar, we look forward to kicking off the last semester of the program in February 2021, and to continue contributing to educating future leaders and empowering the youth of Qatar to make informed decisions in their everyday life.”
Kariman Mahmoud, programmes manager at Injaz Qatar, said: “Injaz Qatar is delighted to witness such a successful conclusion of our highly-valuable programme in association with QIB. 
“‘How money works?’ was one our most successful initiatives this semester, and we were proud to offer useful advice to more than 500 students. I would like to sincerely thank the QIB volunteers for working along with the Injaz Qatar team to deliver another successful edition of ‘How money works?, and we look forward to welcoming new students from across Qatar to the program next semester.” 
‘How Money works?’ is a three-year innovative financial literacy programme. It reflects QIB’s core social responsibility values, and the bank’s commitment to educating the young generation in Qatar on elementary notions and practices related to finance and business.
For more information, visit www.qib.com.qa.