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Al Waleed gives $15.7m to Cambridge and Edinburgh varsities

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Al Waleed gives $15.7m to Cambridge and Edinburgh varsities

 

Bloomberg

Published: May 08, 2008, 18:21

 

 

London: Saudi billionaire Prince Al Waleed Bin Talal, the biggest shareholder in Citigroup Inc., gave 8 million pounds ($15.7 million) each to the UK universities of Cambridge and Edinburgh to start Islamic studies research centers.

 

Alwaleed signed an agreement on Wednesday at London's Buckingham Palace in the company of Prince Philip, Duke of Edinburgh and Chancellor of both universities, the Arab investor's Riyadh-based Kingdom Foundation said in an e-mailed statement on Thursday.

 

"It is paramount for both Islam and the West to reach mutual ground for proactive dialogue, respect, acceptance and tolerance," Al Waleed said in the statement.

http://www.gulfnews.com/news/gulf/saudi_arabia/10211680.html

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STOIC   

Clearly this will create a sense of fluidity and opportunity between American and Muslims political and cultural discourse that had not been present. This is one man sought to occupy center stage, harnessing all his wealth, to direct and mold the History of Islam and Christianity relation. He started the same kind of program at Georgetown University called Prince Alwaleed Bin Talal center for Muslim-Christian understanding where Modern Islamic Scholars like John Espositos are part of the Center. I think it is a noble idea to start such programs in major Universities in the West to bridge the gap between Islam and the West-Where else can it be better to do that than in where the minds of the young people are molded? Indeed Institutions like this are where ideas and policies are shaped.

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