 |
| Source: BIBF. From left: BIBF’s Head of Centre for Academics and Islamic Finance Ahmed Al Rayes, and ISRA Executive Director Professor Mohamad Akram Ladin. |
BIBF, an institution focused on training and development of human capital in Bahrain, will cooperate with the International Shari’ah Research Academy for Islamic Finance (ISRA) in the field of academics and training under an MoU signed by BIBF’s Head of Centre for Academics and Islamic Finance Ahmed Al Rayes, and ISRA Executive Director Professor Mohamad Akram Ladin earlier this month.
The agreement includes collaborative academic and training activities in the banking and finance field, achieved through the exchange of faculty and researchers, combined training programmes, seminars, conferences and workshops.
Said Professor Ladin: “The financial sector is key to the sustenance of the national and global economy, and enhancing the qualification levels of the labour market supports economic growth. The collaboration between our two entities aims to serve this purpose,” he said.
Al Rayes emphasised BIBF’s vision to promote Islamic finance training globally and collaborate with international centres of excellence. “The MoU with ISRA is fundamental towards the achievement of BIBF’s objectives in the fields of conventional and Islamic finance, especially as both entities share a common goal to promote innovation and dynamism in our mutual countries,” he said.
He also noted that the organisation’s strategy underpins Bahrain’s position as a regional financial hub, and continuous training of this sector has reinforced the industry’s aspirations for growth.
Said Professor Ladin: “The financial sector is key to the sustenance of the national and global economy, and enhancing the qualification levels of the labour market supports economic growth. The collaboration between our two entities aims to serve this purpose,” he said.
Al Rayes emphasised BIBF’s vision to promote Islamic finance training globally and collaborate with international centres of excellence. “The MoU with ISRA is fundamental towards the achievement of BIBF’s objectives in the fields of conventional and Islamic finance, especially as both entities share a common goal to promote innovation and dynamism in our mutual countries,” he said.
He also noted that the organisation’s strategy underpins Bahrain’s position as a regional financial hub, and continuous training of this sector has reinforced the industry’s aspirations for growth.