Manama, Bahrain -: BIBF and the Islamic Financial Services Board (IFSB) is organising the debut of their joint IFSB-BIBF Islamic Finance Executive Forum (IFEP) series, themed, “Building Robust Risk Management Infrastructure: Growth Driver for Islamic Finance,” on the 15th and 16th of October 2014 in Manama, Bahrain.
This inaugural IFEP will see senior industry practitioners, regulators and academics share their thoughts on the management of a wide array of risks inherent in Islamic banking institutions. Participants will be able to appreciate the foundational framework of various aspects of risk management in Islamic banks and the impact of regulatory and market developments in a rapidly changing environment. During the two- day programme, participants will get a high level view on risk governance and Enterprise Risk Management (ERM) as well as discuss the latest developments in the management of the unique aspects of risks faced by Islamic banks, such as Sharī`ah non-compliance, credit and liquidity risks.
The IFEP is ideal for Chief Executive Officers and Board Members of Islamic banks, and will benefit senior managers in risk management, Sharī`ah governance and compliance functions, as well as regulators and supervisors of Islamic banks, auditors, lawyers, academics and researchers working in this sector.
The IFSB and BIBF signed a Memorandum of Understanding (MoU) on 22 March 2012 marking a collaboration between the two institutions in providing relevant activities relating to the training and education of Islamic finance; to build awareness among industry players through joint conferences, seminars and other events, as well as developing capacity and skill building among Islamic finance practitioners.
BIBF plays a vital role in the training and development of human capital for the business sector of the Kingdom of Bahrain. BIBF also partners with numerous world-class institutions such as DePaul university and Bangor university, delivering thought leadership, research and advisory, assessment and training solutions in the areas of Accounting and Finance, Academic, Executive development, Banking, Leadership and Management, Insurance as well as Islamic Finance and Information Technology.
BIBF also has over 300 different courses offered in the field of business which come alongside tailor-made training solutions based on organisational requirements; specialised programmes taught by leading market specialists; and professional qualifications and degree programmes in partnership with accredited international organisations.
Since its inception in 1981, BIBF has grown from training 450 applicants a year primarily within the banking industry, to 20,000, drawing participants from all sectors in the field of business. This growth allowed the BIBF to qualify over 200,000 learners in the last 3 decades.
BIBF’s faculty is comprised of business veterans, academics and qualified senior industry professionals. BIBF also has a very strong international presence, and has made its mark with clients in Asia, Africa, Europe, USA and the Middle East.
For further information please contact the BIBF Marketing & Communications Department:
Amani Al Buflasa (Tel : +973 1781 6336 Email : [email protected] )
Zainab Bucheery (Tel : +973 1781 6312 Email : [email protected] )
About the Islamic Financial Services Board (IFSB)
The IFSB is an international standard-setting organisation that promotes and enhances the soundness and stability of the Islamic financial services industry by issuing global prudential standards and guiding principles for the industry, broadly defined to include banking, capital markets and insurance sectors. The IFSB also conducts research and coordinates initiatives on industry-related issues, as well as organises roundtables, seminars and conferences for regulators and industry stakeholders. Towards this end, the IFSB works closely with relevant international, regional and national organisations, research/educational institutions and market players.
The members of the IFSB comprise regulatory and supervisory authorities, international inter-governmental organisations and market players, professional firms and industry associations.
For more information about the IFSB, please visit www.ifsb.org.
Originally published on www.zawya.com