Bahrain-based wholesale Islamic Investment bank, Ibdar Bank, has announced the appointment of Bahrain Institute of Banking and Finance (BIBF) to deliver executive corporate governance training for its board of directors.

The Memorandum of Understanding (MoU) between the bank and BIBF was recently signed at the bank’s premises in Manama by acting chief executive officer Ahmed Al-Rayes, and BIBF’s deputy director Dr Ahmed Abdul Hameed Al Shaikh.

The 15-hour executive course, which will focus on Shari’ah fundamentals, risk management, strategy and Shari’ah governance in Islamic Financial Institutions, is part of the bank’s Continued Development Programme (CDP).

Al-Rayes said: “BIBF are the leading training institution in Bahrain, and we are confident in their vast experience and expertise in delivering quality courses in Corporate and Shari’ah Governance.”

Dr Al Shaikh said: “The BIBF is pleased to partner with Ibdar Bank in the continued training and development of its people. A successful institution must be guided by a well-informed board, and this intensive short course provides participants with the knowledge and real world applications to support organizational success.”

Ibdar Bank is a Bahrain-based wholesale Islamic Investment bank regulated by the Central Bank of Bahrain and engaged in real estate, private equity, capital markets and investment advisory activities. –TradeArabia News Service