Latest news with #AhmedAlShaikh
Daily Tribune
26-06-2025
- Business
- Daily Tribune
BIBF seals tech pact
TDT | Manama The Bahrain Institute of Banking and Finance (BIBF) has teamed up with digital transformation leader INFINITEWARE in a strategic push to expand high-impact training and consultancy offerings aimed at preparing Bahrain's workforce for the future economy. Signed on Wednesday, the Memorandum of Understanding (MoU) will see both parties jointly develop advanced learning programmes in artificial intelligence, software engineering and digital transformation, alongside tailored consulting services for corporate clients. Digital Edge The move aligns with Bahrain's broader ambitions to foster a digital knowledge-based economy by equipping nationals with in-demand tech skills. BIBF CEO Dr Ahmed AlShaikh described the collaboration as a reflection of a shared vision to build a future-ready workforce. 'This partnership empowers our local talent with the digital capabilities needed in today's labour market,' said Dr AlShaikh. 'It directly supports national development goals for a robust digital economy.' Market Impact INFINITEWARE, led by CEO Ameen Altajer, will leverage BIBF's institutional reach to offer bespoke learning experiences and impactful consultancy. 'We are proud to collaborate with BIBF, a respected institution in human capital development,' Altajer said. 'This partnership allows us to deliver market-driven solutions that truly address business needs.' Tech Partnerships The agre ement further strengthens BIBF's strategic direction in forming alliances with cutting-edge technology leaders. It also reinforces the institute's reputation as a regional and international training powerhouse, having served professionals in 64 countries since its establishment in 1981. BIBF's portfolio spans sectors including banking, Islamic finance, insurance, executive education and project management, now with a growing emphasis on digital transformation.
Daily Tribune
25-06-2025
- Business
- Daily Tribune
Kingdom Steps Up Anti-Fraud Drive
TDT | Manama Bahrain is stepping up its war on financial crime with the launch of a high-level training programme for fraud examiners, under a new partnership between the Bahrain Institute of Banking and Finance (BIBF) and OpenThinking Academy. The move will see the globally respected Certified Fraud Examiner (CFE) credential offered in the Kingdom for the first time, aimed at arming finance, audit, and compliance professionals with the skills needed to detect, investigate, and prevent fraud in both public and private sectors. The agreement was signed in the presence of Dr Ahmed Al Shaikh, Chief Executive Officer of BIBF, Iyad Mourtada, Managing Director of OpenThinking Academy, and Bassam Kazerooni, Acting Head of the Banking & Finance Centre at BIBF. Integrity focus The CFE certification is a widely respected professional qualification combining forensic accounting, law, investigative techniques, and fraud prevention. Dr Al Shaikh said the partnership reflected BIBF's mission to equip Bahrainis and regional professionals with high-integrity, globally benchmarked credentials. 'This collaboration reflects our continued efforts to support Bahraini and regional professionals working to combat financial crimes,' he said. Iyad Mourtada said the programme would empower those in compliance, auditing, risk management, and financial security roles with advanced investigative skills. Training details The first cohort is set to begin in September 2025, led by certified instructors and industry experts at BIBF's campus. Participants will receive oneyear ACFE membership, access to the digital Fraud Examiners Manual, exam preparation materials, mock exams, and 30 Continuing Professional Education (CPE) credit hours. Designed for professionals in compliance, audit, fraud investigation, risk management, and public oversight bodies, the CFE programme is expected to enhance Bahrain's capabilities in financial crime prevention and detection.
Biz Bahrain
29-05-2025
- Business
- Biz Bahrain
BIBF and Financial Academy signs strategic partnership to develop human capital in Saudi insurance sector
The Bahrain Institute of Banking and Finance (BIBF) signed a strategic partnership agreement with the Financial Academy in Riyadh to deliver specialised training programmes and professional workshops in the field of insurance across the Kingdom of Saudi Arabia. The partnership aims to enhance the capabilities of national talent and improve the performance of the insurance sector. The agreement was signed by Dr. Ahmed Al Shaikh, CEO of BIBF, and Manaa Al Khamsan, CEO of the Financial Academy. Dr. Ahmed Al Shaikh said that the partnership marks a strategic step forward in supporting professional qualification pathways within Saudi Arabia's insurance market. It includes the launch of a suite of specialised training programmes and advanced workshops, delivered exclusively in partnership with the Financial Academy, as well as joint efforts in developing professional qualifications and micro-credentials that address rapid industry shifts and evolving market needs. On his part, Al Khamsan highlighted that this high-impact partnership reflects the Financial Academy's pioneering role in nurturing and advancing human capital within the financial sector, particularly insurance, by adopting global best practices and standards in professional education. He also noted the alignment of the training offerings with the Financial Sector Development Programme under Saudi Arabia's Vision 2030. He added that the agreement reflects the confidence that regional and international institutions place in the Academy's capabilities and its distinguished status as a leading provider of professional training and development in the Kingdom's financial sector. BNA(R)
Biz Bahrain
19-05-2025
- Business
- Biz Bahrain
The BIBF and GFH Financial Group announce strategic collaboration
The Bahrain Institute of Banking and Finance (BIBF), the region's premier training and development provider, and GFH Financial Group (GFH), a leading Islamic financial institution headquartered in Bahrain, are proud to announce a strategic partnership to develop a groundbreaking book on Islamic Capital Markets. This collaboration underscores both organizations' commitment to advancing knowledge, fostering innovation, and strengthening Bahrain's position as a global financial hub. The project, a comprehensive book, aims to provide an authoritative resource on Islamic capital markets, blending academic rigor with practical insights. The book will feature various chapters and relevant case studies, with a focus on real-world applications. The book will serve as a vital resource for professionals and institutions, reinforcing Bahrain's leadership in Islamic finance education and innovation. The BIBF's Chief Executive Officer, Dr. Ahmed Al Shaikh, commented: 'We are thrilled to partner with GFH Financial Group on this transformative project. This collaboration aligns with our mission to deliver world-class education and thought leadership in Islamic finance. By combining the BIBF's expertise in training and advisory with GFH's pioneering contributions to the industry, we aim to produce a definitive resource that will empower professionals globally.' GFH Financial Group's Chief Operating Officer, Mr. Salah Sharif, added: 'GFH is proud to support this initiative, which reflects our commitment to fostering innovation and sustainable growth in Islamic finance. By contributing our real-world insights and expertise, we aim to create a lasting impact on the global financial community while reinforcing Bahrain's role as a leading financial hub.' The book is expected to be completed by the end of 2025 and will be distributed to academic institutions, financial organisations, and industry stakeholders worldwide
Bahrain News Gazette
15-04-2025
- Business
- Bahrain News Gazette
BIBF Announces 9th Cambridge Islamic Finance Leadership Programme in August
Manama: The Bahrain Institute of Banking and Finance (BIBF) has announced the launch of the 9th edition of the Cambridge Islamic Finance Leadership Programme (IFLP), which is scheduled to take place from August 17 – 22, 2025, at Trinity Hall, University of Cambridge, United Kingdom. According to Bahrain News Agency, the programme is organised in collaboration with the Cambridge Institute of Islamic Finance (Cambridge IIF) and includes the University of Cambridge Institute for Sustainability Leadership (CISL) as a contributing partner. The initiative is supported by the Labour Fund (Tamkeen) and is recognised as one of the leading executive initiatives in the field of Islamic banking and finance. The IFLP is designed to provide an in-depth and interactive learning experience for senior professionals in the Islamic finance sector. This includes executives, regulators, shariah scholars, and policymakers. Participants will engage in advanced executive training, case-based learning, one-on-one mentorship from global experts, and networking with over 30 industry leaders in an esteemed academic environment. Dr. Ahmed Al Shaikh, Chief Executive Officer of the BIBF, highlighted the programme's alignment with Bahrain's strategic objective to reinforce its global leadership in Islamic finance. He reiterated the institute's dedication to nurturing innovative leaders who can drive sustainability and ethical growth within the sector. Dr. Rizwan Malik, Head of the Islamic Finance Centre at the BIBF, mentioned that the IFLP combines academic insight with practical application, equipping participants with the necessary tools to lead in a swiftly changing financial landscape guided by Islamic principles. He also expressed appreciation for the inclusion of CISL as a contributing partner, which enhances the programme's breadth. The initiative aligns with the Kingdom of Bahrain's endeavors to fortify its status as a global hub for Islamic finance and to provide national talent with exceptional skills.
