QFC & TKBB unite to support development of financial sector

QFC & TKBB unite to support development of financial sector

Qatar Financial Centre (QFC), a leading onshore financial and business center in the region, has signed a Memorandum of Understanding (MoU) with the Participation Banks Association of Türkiye (TKBB) in order to support the development of the financial sector in Türkiye and Qatar.

The MoU aims to promote the parties’ common interests through mutually beneficial cooperation between their member organizations.

As per the agreement, the QFCA and TKBB will work together to organize common platforms, summits, forums, conferences, seminars, webinars, and other events related to the developments in Participation banking and finance.

The partnership also sets out to organize joint training and exchange programs, facilitate data and knowledge sharing, as well as contribute to direct correspondent relations between the Participation Banks of Türkiye and Qatar.

Yousuf Mohamed Al Jaida

CEO – QFC “As an international business platform, the QFC has good and longstanding relations with Türkiye, forged through significant partnerships with Turkish organizations and companies. We are proud to enter this partnership with the Participation Banks Association of Türkiye, which bolsters our efforts in developing the local financial industry and positioning Qatar as a leading financial hub. More importantly, this MoU strengthens the ties between Qatar and Türkiye in the financial sector.”

The QFCA-TKBB partnership aspires