Download app

 

QIB's "How Money Works" program reaches 344 students in 2019/2020 academic year
Back to All News Updates

QIB's "How Money Works" program reaches 344 students in 2019/2020 academic year

16/02/2020, Doha,Qatar

QIB's "How Money Works" program reaches 344 students in 2019/2020 academic year

Qatar Islamic Bank (QIB) and Injaz Qatar continued to deliver the innovative financial literacy program "How Money Works" to university and secondary school students in Qatar. In the first semester of the 2019/2020 academic year, 344 students from Qatar University, Rawdat Rashed Secondary School, and Hamad Medical Corporation's Camp, benefited from the program.

The program was also delivered to students from various schools in Qatar who attended a week-long series of career planning workshops in December. The workshops aimed at preparing students for their future career by helping them acquire skills such as communications, critical thinking, problem solving, as well as financial knowledge.

In September 2019, QIB and Injaz Qatar kicked off the second academic year of the 3-year program, which this year targets 400 students from universities, as well as private and government schools. More than 710 students benefited from the program since its launch in the 2018/2019 school year.

Commenting on the program, Mrs. Mashaal Abdulaziz Al Derham, Assistant General Manager, Head of Corporate Communications & Quality Assurance at QIB said: “The “How Money Works” initiative has been a major success since its launch in the 2018/2019 academic year. This initiative proves QIB's confidence in the potential of our youth and the banks' commitment to helping our future leaders acquire and develop the right saving and investment habits that will help them thrive in the future. We know from research that there is a need to raise awareness and promote basic financial concepts among the youth, and therefore we recognize that it is essential to empower them with financial knowledge. Our partnership with INJAZ Qatar is providing Qatari youth with the necessary skills and tools required to make sound financial decisions today and in the future.”

For her part, Kariman Mahmoud, Programs Manager at INJAZ Qatar, said: “The partnership between QIB and Injaz Qatar on the “How Money Works” program continues to achieve its objectives. We would like to thank all QIB volunteers, who devoted time to deliver the program and share their experiences with the leaders of the future. Their efforts were highly appreciated by all the beneficiaries."

The “How Money Works” program provides financial education to students between 15 and 19 years, ranging from secondary school to university students. It teaches the youth how to manage money prudently through budgeting, saving and investing. The program is delivered by QIB employees who volunteer to share their expertise, with support from INJAZ Qatar volunteers. In the second semester of this school year, the program will be delivered in February and March.

Back to All News Updates