The Bahrain Institute of Banking and Finance (BIBF) signed a Memorandum of Understanding with the Astana International Financial Centre (AIFC), Republic of Kazakhstan.
The MoU is to develop and strengthen cooperation and training and development programmes between the BIBF and the AIFC by interchanging information and expertise in relation to teaching, research and thought leadership in Islamic Finance.
The memorandum was signed on behalf of the BIBF by the Deputy Director, Dr Ahmed AbdulHameed Al Shaikh, and His Excellency the Governor of the AIFC Dr Kairat Kelimbetov.
As a professional world-class provider of education and training solutions to the financial sector, the BIBF seeks to continuously upgrade its training capabilities by attaining partnerships with organisations such as the AIFC, a financial hub for Central Asia, the Caucasus, EAEU, the Middle East, West China, Mongolia and Europe, to enable the BIBF in reaching greater strides.
As the AIFC aims to become a regional hub for Islamic Finance in Europe and create favourable conditions for the operations and development of Islamic Financial institutions, the valuable exchange of professional knowledge and international best practices shared within the partnership will sharpen the AIFC’s goal towards further development and success of the financial sector.