The Islamic Development Bank Institute (IsDBI) and Prince Mohammed bin Salman College of Business & Entrepreneurship (MBSC) have signed agreements to promote entrepreneurial skills and leadership excellence in IsDB Member Countries and Muslim communities.
This partnership will introduce two innovative programs: the Entrepreneurial Mindset Development Program and the Strategic Business Leadership Program. Both programs will incorporate Islamic finance principles and tools to drive economic growth in Member Countries. They will be hosted by MBSC and delivered in collaboration with both institutions.
Dr. Sami Al-Suwailem, Acting Director General of IsDBI, and Dr. Zeger Degraeve, Dean of MBS College, signed the agreements during a ceremony at the IsDB Headquarters in Jeddah, on 29 January 2025.
The Entrepreneurial Mindset Development Program is designed to provide participants with the critical skills, knowledge, networks, values, and training required for successful entrepreneurial ventures. The Strategic Business Leadership Program focuses on cultivating the key attributes for entrepreneurial success, including personal qualities such as behavior, personality, and capabilities, as well as business aspects like structure, goals, and performance management.
Both programs will include a series of interactive workshops, mentorship sessions, and real-world projects. Participants are expected to gain valuable insights into innovative thinking, business planning, and effective problem-solving.
In his comments on this occasion, Dr. Sami Al-Suwailem said, “We are very excited about the partnership with the MBS College. As the knowledge beacon of the IsDB Group, we hope that the joint programs with MBSC will create a new breed of business leaders and entrepreneurs who successfully capitalize on the principles of Islamic finance to stimulate economic progress in their communities. Human capital is our greatest resource, and it is important that we equip our youth with the right tools and skills to face the emerging challenges of the future”.
Dr. Zeger Degraeve, Dean of MBSC, said, “This partnership underscores MBSC’s dedication to fostering entrepreneurial leaders who can contribute to Saudi Arabia’s ambitious Vision 2030 and beyond. By integrating Islamic finance principles with practical business strategies, these programs will empower participants to address real-world challenges and drive sustainable economic and social value, both within the Kingdom and across IsDB Member Countries”.
