Economy

The General Council for Islamic Banks and Financial Institutions (CIBAFI) inaugurates its annual activities with a series of meetings.

Manama (Yuna) - Launched General Council for Islamic Banks and Financial Institutions Today is April 15 2025,  its activities Annual of the year Present 2025 through decade Series of remote meetings.

The day began with the 23rd meeting of the CIBAFI Accreditation Scientific Board, which focused on the ongoing efforts to enhance the CIBAFI’s capacity building and professional development initiatives. This was followed by the Professional Development Strategic Session titled “Preparing Leaders in Islamic Finance to Face Future Challenges” and a roundtable meeting on “CIBAFI’s Strategic Plan: Assessing Achievements and Setting Future Priorities.”. "

The strategic session was opened with a speech by Dr. Abdel-Ilah. BalatiqThe Secretary-General of the General Council stressed that In which He emphasized the importance of leadership development in enabling Islamic financial institutions to meet challenges and adapt to changing operating environments. He also announced the launch of the CIBAFI Digital Learning Platform, a strategic initiative aimed at expanding the scope of training and professional certification services across the sector, scheduled to launch in 2026.

The discussion was attended by a group of experts and speakers, including: Dr. Ayman Sami Hamoud, Group CEO, Banking Expertise House (Turkiye)Dr. Hussein Samhan, Chairman of the Board of Advisors and General Manager of Jana International Consulting (Jordan)and Professor Majid GharsliDirector of Compliance and Sharia Audit, Al-Zaytouna Bank (Tunisia).

Following the strategic session, a roundtable meeting was held with the participation of members and stakeholders, with the aim of reviewing the progress made in implementing the current strategic plan and identifying priorities to draw a roadmap for the next period..

اThe meeting was opened by Dr. Balatiq, emphasizing the importance of adhering to transparency, inclusiveness, and responsiveness to the sector's needs. This was followed by a keynote speech delivered by Dr. Sami Al-Suwailem, Acting Director General of the Islamic Development Bank Institute, Kingdom of Saudi Arabia, who emphasized the importance of addressing major challenges and seizing opportunities to enhance industry growth..

وThe meeting witnessed in-depth discussions on ways to enhance existing initiatives, while emphasizing the need to align them with accelerating global trends. The meeting provided valuable insights into the evolving landscape of Islamic finance and highlighted the need to adopt a flexible strategic approach that keeps pace with changes and ensures a sustainable, long-term impact..

شThe session featured a number of prominent speakers, including: Mr. Khalid Al Kayed, CEO of Bank Nizwa, Sultanate of Oman; and Mr. Osama Saleh, Chief Audit Executive. Sharia, Crown Bank, Nigeria; and Professor Madina TokolovaHead of Islamic Finance, Astana International Financial Centre, Republic of Kazakhstan, moderated by Mr. Rashid Al-Taie, Director of Business Development at the General Council.

وفي Framework of the Annual General Council MeetingsThe council will meet tomorrow. The 2025 General Assembly Meeting and Award Ceremony will be titled: “Innovation in Promoting Financial Inclusion and Achieving the Goals of Islamic Finance.” بHotel Oberoi in Medina.

(is over)

Related news

Go to top button