BIBF and NIBAF to develop for the Banking sector in Pakistan

Monday, 12 July 2021

The Bahrain Institute of Banking and Finance (BIBF), leading provider of education and development in the Region, has signed an agreement with the National Institute of Banking and Finance (NIBAF), training arm of the Central Bank of Pakistan, to provide quality training, capacity building and research for the Pakistani Banking and Finance sector. Areas of collaboration include Islamic Finance, Digital Transformation, Anti-Money Laundering, Fraud Prevention and more.

As a first step, the BIBF and NIBAF will offer a joint Islamic finance professional qualification in Pakistan and are also working to develop a Takaful (Islamic Insurance) professional certificate.

The BIBF Director, Dr. Ahmed Al Shaikh stated, “This partnership will further deepen the professional ties between Bahrain and Pakistan and add to the scope of internationally-recognised qualifications and training courses offered by the BIBF, as this collaboration comes in line with BIBF’s strategy to continue being a pioneer in providing high quality training and development for human capital globally.”