BIBF Concludes Executive Programme in Islamic Finance Held in Partnership With The IFSB

The programme, held under the title “Towards a Vibrant Islamic Capital Market: Opportunities and Challenges” featured key areas expected to act as catalysts in driving Islamic capital markets into the next phase of growth and development, and was aimed at regulators and supervisors of Islamic capital markets, chief executives and board members of investment companies, originators and issuers as well as arrangers/bookrunners of ICM products, and senior management at credit rating agencies. It was also recommended for the senior management of Islamic capital market associations, senior managers in risk management, Sharia governance and compliance functions, auditors, lawyers, academicians and researchers in ICM.

To mark the conclusion of the programme, IFSB’s Assistant Secretary-General Dr. Sherif Elsayed Aly Ayoub highlighted the value of the training in strengthening Islamic financial services opportunities in line with the region’s economic aspirations, be it in Takaful insurance or Islamic Capital Markets.

BIBF’s Deputy Director Dr. Ahmed Al Shaikh stressed on the need for innovation and development within the sector, both in terms of economic stimulation and improving employment opportunities. “BIBF’s top priority is to develop highly qualified local human capital in partnership with the world’s leading educational institutions in order to equip the financial industry with the resources it requires to expand and take advantage of market opportunities, and further strengthen Bahrain’s position as a regional financial hub in line with the 2030 vision”, said Dr. Al Shaikh.

The course was attended an elite group of Islamic financial services industry leaders and other representatives from the sector, originating from the Kingdom of Saudi Arabia, Qatar, and Oman, Brunei, Malaysia, and Sudan.