Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

BIBF leading the development of Islamic finance education and training  Join our daily free Newsletter

MENAFN Press - 13/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) BIBF participated in the first UK-Bahrain Islamic Finance Summit, hosted by Senior Foreign Office Minister Baroness Sayeeda Warsi at the Foreign and Commonwealth Office in London. Central Bank of Bahrain Governor Rasheed Al-Maraj led the high-level Bahraini delegation.

BIBF Director Ms Solveig Nicklos and Head of Centre for Accounting and Finance, Research and Advisory, IT, and Islamic Finance Mr Burhanu Deen Jayah represented the local educational sector. The BIBF presented a paper on educational and training development in Islamic Finance which highlighted the importance of cooperation to build excellence in this area, a critical need which underpins the future of the industry.

The paper highlighted several trends and facts that come as part of the continually growing Islamic financial sector, which in 2012 had an asset valuation of more than 1,350 billion dollars. As a result, it is expected that 250,000 to 1 Million professional Islamic finance jobs will be created worldwide by 2020. The paper also highlighted that this has produced a paradigm shift from an educational standpoint in OIC (Organisation of Islamic Cooperation) countries and will generate multiple specialized training opportunities for human capital development within the sector.


"It is important that we serve the growing demand for Islamic Finance professionals, stemming from an industry that is growing 15% per year. There is a need to develop professionals with skills related to Shari'ah and Finance so they will be in a better position to serve the market and take the industry to the next level," Mr Jayah said during his address.

The BIBF team also participated in many panel discussions during the event, focusing on investment (how Islamic finance can facilitate investment opportunities), education (promoting excellence in Islamic finance education), and regulation (how to ensure that the conditions are right for Islamic finance to mainstream even further).


About BIBF
BIBF plays a vital role in the training and development of human capital in the Kingdom of Bahrain. Our commitment to excellence has strengthened our position as the top provider of quality education across all major business disciplines. We serve as a partner to numerous world-class institutions; delivering thought leadership, research and advisory, assessment and training solutions in the areas of Accounting and Finance, Academic and Executive development, Banking, Leadership and Management, Insurance, Islamic Finance and Information Technology; resulting in a complete business solution.BIBF covers a wide spectrum of subject matter, with over 300 different courses offered to the financial and corporate market; tailor-made training solutions based on organisational requirements; specialised programmes taught by leading market specialists; and professional qualifications and degree programmes in partnership with major international organisations.BIBF continues to exceed global benchmarks for many of the qualifications it offers with its affiliates.Since its inception in 1981, BIBF has grown from training 450 applicants a year primarily within the banking industry, to 20,000 drawing participants from all sectors of the economy, and are proud to have qualified over 200,000 learners in the last 3 decades.Our faculty comprise of market practitioners, academics and qualified senior industry professionals. Their diverse backgrounds ensure an enriched participant experience, striking the perfect balance between theory and practice.BIBF has made its mark internationally with clients in Asia, Africa, Europe, USA and the Middle East, well on its way to becoming the global institute of choice.

 


MENAFN Press




  MENA News Headlines
 May 24 2016 - Dubai Courts reveals 2015s results & achievements in Annual ReportMENAFN Press
(MENAFN Press) UAE May 23, 2016– Dubai Courts has launched today (Monday, May 23, 2016) its Annual Report 2015, reflecting a significant improvement in the performance of the three courts; ...

 May 24 2016 - GCC countries need structural economic reform to retain prosperityMENAFN Press
(MENAFN Press) GCC countries must create a new economic paradigm to successfully end reliance on oil, according to accountancy and finance body ICAEW. This was the outcome of ICAEW’s ...

 May 24 2016 - Arabnet Partners with Smart Dubai to Highlight Smart Economy and Digital Business TransformationMENAFN Press
(MENAFN Press) UAE, May 23, 2016 - For the second year in a row, Smart Dubai Office is partnering with the ArabNet Digital Summit to highlight digital transformation in the public and private ...

 May 24 2016 - Al Ansari Exchange pledges AED 50 million donation to various charities in commemoration of its Golden JubileeMENAFN Press
(MENAFN Press) UAE, May 23, 2016–Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, commemorates the 50thAnniversary of its establishment. To mark the ...

 May 24 2016 - Help Pick a Festival Winner and Get Insight from 5-time Emmy Winner at New Media Film FestivalMENAFN Press
(MENAFN Press) Help Pick a Festival Winner and Get Insight from 5-time Emmy Winner at New Media Film Festival Honoring Stories Worth Telling Paul Wagner - Digital Keynote Speaker Ana Kasparian ...

 May 24 2016 - Global Heparin Cap Consumption 2016 Market Research ReportMENAFN Press
(MENAFN Press) Global Heparin Cap Consumption 2016 Market Research Report The Global Heparin Cap Consumption 2016 Market Research Report is a professional and in-depth study on the current state ...

 May 24 2016 - Global Hold The Needle Detector Consumption Analysis by Capacity, Production, Cost, Gross & RevenueMENAFN Press
(MENAFN Press) Global Hold The Needle Detector Consumption Analysis by Capacity, Production, Cost, Gross & Revenue The Global Hold The Needle Detector Consumption 2016 Market Research Report is ...

 May 24 2016 - Stealing towels from hotelsMENAFN Press
(MENAFN Press) Stealing towels from hotels Hotels are using trackers for stealing towels NORTHBROOK, ILLINOIS, USA, May 24, 2016 /EINPresswire.com/ -- In the luxury stay at hotels, the ...

 May 24 2016 - Insulin Needles Consumption 2016 Global Market Research ReportMENAFN Press
(MENAFN Press) Insulin Needles Consumption 2016 Global Market Research Report The Global Insulin Needles Consumption 2016 Market Research Report is a professional and in-depth study on the current ...

 May 24 2016 - Global Insulin Pen Consumption 2016 Market Research ReportMENAFN Press
(MENAFN Press) Global Insulin Pen Consumption 2016 Market Research Report The Global Insulin Pen Consumption 2016 Market Research Report is a professional and in-depth study on the current state of ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help