Banks Prefer to Hire Women
But That Doesn't (Yet) Apply to Top Positions
With so many female university graduates in the Gulf and other Arab regions, more and more banks are hiring women. The companies prize female employees for the work ethic. No, women have yet to make up a significant portion of the managerial ranks, but especially at Sharia-compliant banks, local hiring of women is strong, especially relative to other industries.
Financial Times June 23 2008; Sharia-compliant groups offer big opportunity
More
At One Bank, Self-Taught Experts
Sharia-Compliant Banking Is Different, So a Group of Women Share What They Know
Even Arab veterans of conventional banks, familiar with the language and the social code, need to learn a lot when they enter the world of Sharia-complaint banking. So a group of women at one such institution, SIB, set up a networking group to share information. That kind of initiative is why two of the network’s founders are senior managers — the only two of the 15-plus senior managers at a company whose workforce is 45 percent female. Mind you, that isn’t that bad, relative to competitors.
Financial Times June 14 2007; Campaigners look to Asia
More
Bookmarks
Featured
- To Create New Jobs, Traditional Mind-Sets Must Change
- All-Female Call Center Opened in UAE
- Arab Women Await Change
- Saudi Women To Be Granted Right To Vote
- Saudi Stores To Let Women Sell Undergarments
- Future of Women Leaders in the Middle East
- Silent No More: The Women of the Arab Revolutions
- Women face differing conditions in Muslim countries
- Women responsible for earthquakes
- Yemen Women Reluctant to Change
- Women Are 22.8% of Senior Managers at Top Turkish Firms
20-FIRST ON THE MOVE
MAY
- Singapore
- Paris
- Marseilles
- London
- Düsseldorf
JUNE
- Copenhagen
- Milan
- Paris
- London
- Geneva
- Düsseldorf
JULY
- Chautauqua
Comments
This article hasn't been commented on yet.