Latest news with #BIBF


Daily Tribune
2 days ago
- 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.


Zawya
2 days ago
- Business
- Zawya
BIBF, INFINITEWARE sign MoU to expand digital training and consultancy offerings
The Bahrain Institute of Banking and Finance (BIBF) has signed a Memorandum of Understanding (MoU) with INFINITEWARE, a regional leader in digital transformation and innovation, represented by its CEO, Mr. Ameen Altajer. This strategic collaboration aims to strengthen the delivery of advanced digital training programmes and consultancy services offered by INFINITEWARE through BIBF, supporting the Institute's commitment to developing future-ready skills in Bahrain and the wider region. Through this partnership, BIBF and INFINITEWARE will jointly explore opportunities for expanding training modules in emerging technologies, such as artificial intelligence, software engineering, and digital transformation, as well as providing bespoke consultation services for corporate clients. Dr. Ahmed AlShaikh, CEO of BIBF, commented: 'Partnering with INFINITEWARE reflects our shared vision to empower the workforce with in-demand digital skills. We believe this collaboration will contribute significantly to national development goals in the digital economy space.' Mr. Ameen Altajer, CEO of INFINITEWARE, added: 'We are proud to join hands with BIBF, a respected institution that continues to invest in innovation and talent. Together, we aim to provide impactful, high-quality training and consultancy solutions that address real market needs.' The MoU reinforces BIBF's strategic direction in partnering with innovative tech leaders to offer cutting-edge learning experiences across sectors. About the BIBF The Bahrain Institute of Banking and Finance (BIBF) is the leading provider of education and training in the region, established in 1981 under the Central Bank of Bahrain. With a commitment to enhancing human capital, the BIBF serves not only Bahrain but also extends its reach to 64 countries worldwide, solidifying its global presence. The BIBF is dedicated to delivering excellence across a broad spectrum of business disciplines. It partners with numerous international institutions to offer thought leadership, assessment, and training in key areas, including: Banking and Finance Islamic Banking Executive Education Accounting and Finance Academic Studies Leadership and Management Insurance Digital Transformation and Project Management For more information, please contact the Marketing and Corporate Communications Department at: Email: media@ Website:


Daily Tribune
3 days ago
- 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.


Zawya
3 days ago
- Business
- Zawya
BIBF signs strategic agreement with OpenThinking Academy to launch the CFE Programme in Bahrain
Manama – The Bahrain Institute of Banking and Finance (BIBF) has announced the signing of a strategic partnership with OpenThinking Academy, an authorised training provider accredited by the Association of Certified Fraud Examiners (ACFE), to offer the Certified Fraud Examiner (CFE) programme in the Kingdom of Bahrain. The agreement was signed in the presence of Dr. Ahmed AlShaikh, Chief Executive Officer of BIBF, Mr. Iyad Mourtada, Managing Director of OpenThinking Academy, and Mr. Bassam Kazerooni, Acting Head of the Banking & Finance Centre at BIBF. The CFE certification is a globally recognised professional qualification in the field of fraud prevention and financial investigations. It combines expertise in forensic accounting, law, investigative techniques, and fraud detection and prevention strategies. Commenting on the partnership, Dr. Ahmed AlShaikh stated: "This collaboration reflects our continued efforts to support Bahraini and regional professionals working to combat financial crimes. Through this partnership, we are offering a globally respected credential that promotes higher standards of integrity and transparency in the workplace." Mr. Iyad Mourtada also highlighted the importance of this collaboration, noting that the programme will empower professionals in compliance, auditing, risk management, and financial security with internationally benchmarked skills and knowledge. The first intake of the CFE programme is scheduled to begin in September 2025 at the BIBF premises, led by a team of certified instructors and industry experts. The programme is specifically designed for professionals working in compliance, internal audit, fraud investigation, risk management, accounting, law, and public sector oversight bodies. It also targets fraud investigators in the banking and insurance sectors. Participants will benefit from a comprehensive training package that includes one-year ACFE membership, access to the digital Fraud Examiners Manual, exam preparation materials, mock exams, and 30 Continuing Professional Education (CPE) credit hours. To register or learn more, please visit the programme page on the BIBF website. About the BIBF The Bahrain Institute of Banking and Finance (BIBF) is the leading provider of education and training in the region, established in 1981 under the Central Bank of Bahrain. With a commitment to enhancing human capital, the BIBF serves not only Bahrain but also extends its reach to 64 countries worldwide, solidifying its global presence. The BIBF is dedicated to delivering excellence across a broad spectrum of business disciplines. It partners with numerous international institutions to offer thought leadership, assessment, and training in key areas, including: Banking and Finance Islamic Banking Executive Education Accounting and Finance Academic Studies Leadership and Management Insurance Digital Transformation and Project Management For more information, please contact the Marketing and Corporate Communications Department at: Email: media@ Website:


Zawya
4 days ago
- Business
- Zawya
BIBF launches a new series of professional micro-credentials in Islamic finance
Manama, Bahrain – In line with efforts to strengthen Bahrain's position as a leading hub for Islamic banking and finance, the Bahrain Institute of Banking and Finance (BIBF) has announced the launch of flexible and practical learning pathways for professionals in the Islamic banking sector, through a new series of professional micro-credentials. This initiative has been developed in response to the growing needs of the labour market amidst the rapid changes taking place in the Islamic banking industry, particularly in areas of regulation, digitalisation, and specialised skills. These certificates follow a modern education model known as "micro-learning", allowing professionals to acquire specialised skills over a short period of time without interrupting their work commitments, thereby enhancing their job-readiness and updating their knowledge in line with international standards. The initiative includes various core specialisation courses including, Islamic Retail Banking, Risk Management, Treasury Management, Wealth Management, Shariah Audit etc. Each programme runs over a period of three to five days, delivered in a blended format combining in-person and virtual sessions led by subject-matter experts, offering maximum flexibility and practical understanding for participants. On this occasion, Dr. Rizwan Malik, Head of the Islamic Finance Centre at BIBF, stated: 'These programmes are designed to directly address the growing demand in the sector for specialised, practical knowledge. They are ideal for professionals seeking to upskill or shift into new areas, without the time commitment of longer academic programmes.' He added: 'The launch of this initiative reinforces Bahrain's position as a leading hub in Islamic banking, by responding to the market's growing need for targeted and practical training aligned with global standards. It also contributes to the development of national talent and prepares professionals to navigate ongoing digital and regulatory transformations in the sector, further enhancing the Kingdom's status as a global centre for Islamic banking and finance education and training.' For more information or to register, please contact islamicfinance@ or call +973 1781 5555. About the BIBF The Bahrain Institute of Banking and Finance (BIBF) is the leading provider of education and training in the region, established in 1981 under the Central Bank of Bahrain. With a commitment to enhancing human capital, the BIBF serves not only Bahrain but also extends its reach to 64 countries worldwide, solidifying its global presence. The BIBF is dedicated to delivering excellence across a broad spectrum of business disciplines. It partners with numerous international institutions to offer thought leadership, assessment, and training in key areas, including: Banking and Finance Islamic Banking Executive Education Accounting and Finance Academic Studies Leadership and Management Insurance Digital Transformation and Project Management For more information, please contact the Marketing and Corporate Communications Department at: Email: media@ Website: