E What are the top three most challenging issues the banking sector faces today? And what is your bank doing to address them? Human capital. That’s the most important challenge in banking today. Not only on the management side of the activities, but at all levels below that. You just cannot find enough qualified people to hire. This is going to have an impact in the future on the newly formed giant bank. For example, there is a new, very large bank coming to Saudi Arabia, and the challenge for them is not to collect money and capital to run the bank, it’s finding the right people to run the bank. To hire people with a long history of banking experience is very expensive, and with a specialized bank there is an even greater need for the right people; it’s a major challenge, especially within Islamic banking, to find somebody
