Sulaiman Al-Qimlas | Bayt Al Mal Investment

World Finance interviews Sulaiman Al-Qimlas, CEO of Bayt Al Mal Investment, on Islamic principles as the software for their human capital

September 17, 2012
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Transcript

Sulaiman Al-Qimlas, CEO, Bayt Al Mal Investment Kuwait is the world’s 10th largest oil exporter, and has been enjoying the windfall of rising oil prices. But a lot of this growth is being reinvested in the oil sector, leaving Kuwait’s other industries undeveloped and its economy unbalanced. Sulaiman Al-Qimlas reveals the other sectors currently attracting outside investment, thanks to Kuwait’s $120bn five year development plan; and explains Bayt Al Mal Investment’s new focus on Awqaf, the Islamic equivalent of endowment.