CIBAFI launches programme on Islamic finance

MANAMA: The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, has launched its new executive programme.

The programme, 'Global Developments and Strategic Insights', is in collaboration with the Institute of International Finance (IIF), the leading global association of financial institutions, said a report in the Gulf Daily News (GDN). 

The two-day specialised training course has been specifically designed for board members and C-suite executives in the Islamic financial services industry.

It will be held in Bahrain on September 29 and 30.
It is the second in a series of executive programmes that are being organised by CIBAFI in response to member feedback.

“We are extremely pleased to be working in collaboration with CIBAFI on our first joint executive training programme,” IIF director of global training Kate Hudson said.

“Although the IIF have historically focused on the topic of Islamic finance in its membership meetings and financial summits, this launch commemorates the first executive training programme dedicated to Islamic finance.”

The programme will provide a strategic perspective on key issues facing the Islamic finance sector.

It will feature a diverse array of industry experts who will share their insights and thought leadership on creative approaches and innovative strategies to industry challenges.

Topics on the programme agenda include the global macroeconomic outlook, key regulatory developments impacting the sector, product development, corporate governance and anti-financial crime strategy.

The course will conclude with a panel discussion exploring key risks facing Islamic finance today.

“We are very pleased to offer this unique programme in collaboration with the IIF,” CIBAFI secretary-general Abdelilah Belatik said.

“This, our second, specialised executive programme, is in line with our overall organisational strategy to develop and enhance the Islamic financial services industry, and comes in response to members' requests for executive programmes that tackle relevant industry issues.”

The programme is set to feature a diverse array of executive industry practitioners and expert speakers who will share their insights and experiences with one another while developing best practice approaches to the topics.