Saudization of insurance sector exceeds 60%
Tuesday, 05 16 2017, Category: Insurance and Reinsurance, Country: Saudi Arabia
The Institute of Finance held lately a workshop on “Islamic finance, governance, and future prospects in KSA” in collaboration with the “Accounting and Auditing Organization for Islamic Financial Institutions” in the presence of the Deputy Governor For Research and International Affairs Dr. Fahad Ibrahim Alshathri. Dr. Alshathri indicated in his speech that the Institute of Finance plays a role in training banking and financial staff and helped raise saudization rates to more than 90% in the banking sector and saudization rates are not close to 60% in both the financial and insurance sectors.
Source: Al Jazirah