BisB Managers Successfully Gain CIBAFI’s Islamic Banker Certification

Bahrain Islamic Bank (BisB), the leading bank in providing Shari’a compliant digital financial solutions in the Kingdom of Bahrain, announced the participation of several of its Heads and managers in the Certified Islamic Banker (CIB) program provided by the General Council for Islamic Banks and Financial Institutions (CIBAFI). The course included six key components: Introduction to Islamic Finance Transactions, Islamic Banking System, Finance Operations, Investment Operations, Banking Services and Sharia Supervision for Islamic Financial Institutions.
20 employees attended the training workshop and 10 employees set for an extensive evaluation at the end of the Program and successfully obtained CIB certification, they are: Jawad Humaidan - Chief Corporate & Institutional Banking Officer, Dalal Al Rayes - Head of Human Resources, Nada Ishaq – Board Secretary, Nada AlBastaki - Manager Risk Governance, Ayman Ahmed - Budaiya Branch Manager, Rasha Al Balbisi - senior manager of legal affairs, Sidharth Kumar Head of Corporate & Liquidity Risk, Sohail Kabir, Head of Operational Risk, Mohammed Memon - Card Development Manager, and Farid Najafov - Group Head of Taxation.
Commenting on the occasion, Ms. Afnan Saleh, Chief Human Resources Officer at BisB, said, “I would first like to congratulate the Department Heads and managers who successfully completed the program, wishing them all the best in their future career paths. Their participation in the CIB program, through which they gained a more enhanced understanding of Islamic financing requirements as well as the processes of preparing and executing Islamic financing transactions and corporate governance, comes as a part of BisB’s commitment towards continually developing its employees and their skills.”
The CIB program aims to expose the employees of Islamic finance institutions with a more broadened understanding of the field while improving their skillset and capabilities by providing them professional knowledge that will guide them in further developing their careers.
Background Information
Bahrain Islamic Bank
Incorporated in 1979 as the first Islamic bank in the kingdom of Bahrain, and the fourth in the GCC. Bahrain Islamic Bank (BisB) has played a pivotal role in the development of the Islamic banking industry and the Kingdom’s economy. The Bank operates under an Islamic Retail banking licence from the Central Bank of Bahrain and is listed on the Bahrain Bourse.
At the end of 2016, the Bank’s paid up capital was BD 101 million, while total assets stood at BD 1042 million. The Bank’s modern branch network comprises 5 branches, 4 innovative financial malls, and 56 ATMs located throughout the Kingdom. A steadfast focus on continuous innovation, strong corporate governance and risk management, employee development, and the use of state of the art technology to deliver superior customer service, has cemented Bahrain Islamic Bank’s position as the leading Sharia’a – compliant bank in the Kingdom.