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BIBF signs strategic agreement with OpenThinking Academy to launch the CFE Programme in Bahrain
BIBF signs strategic agreement with OpenThinking Academy to launch the CFE Programme in Bahrain

Zawya

time25-06-2025

  • 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:

The BIBF and the Financial Academy sign a strategic partnership to develop human capital in Saudi insurance sector
The BIBF and the Financial Academy sign a strategic partnership to develop human capital in Saudi insurance sector

Zawya

time28-05-2025

  • Business
  • Zawya

The BIBF and the Financial Academy sign a strategic partnership to develop human capital in Saudi insurance sector

Manama – The Bahrain Institute of Banking and Finance (BIBF) has signed a strategic partnership agreement with the Financial Academy in Riyadh to deliver specialised training programmes and professional workshops in the field of insurance across the Kingdom of Saudi Arabia. The partnership aims to enhance the capabilities of national talent and elevate the performance of the insurance sector. The agreement was signed by Dr. Ahmed Al Shaikh, Chief Executive Officer of the BIBF, and Mr. Manaa Al Khamsan, Chief Executive Officer of the Financial Academy. On this occasion, Dr. Ahmed Al Shaikh stated that the partnership marks a strategic step forward in supporting professional qualification pathways within Saudi Arabia's insurance market. It includes the launch of a suite of specialised training programmes and advanced workshops, delivered exclusively in partnership with the Financial Academy, as well as joint efforts in developing professional qualifications and micro-credentials that address rapid industry shifts and evolving market needs. For his part, Mr. Al Khamsan affirmed that this high-impact partnership reflects the Financial Academy's pioneering role in nurturing and advancing human capital within the financial sector - particularly insurance - by adopting global best practices and standards in professional education. He also highlighted the alignment of the training offerings with the Financial Sector Development Program under Saudi Arabia's Vision 2030. He added that the agreement reflects the confidence that regional and international institutions place in the Academy's capabilities and its distinguished status as a leading provider of professional training and development in the Kingdom's financial sector. 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:

The BIBF and GFH Financial Group announce strategic collaboration
The BIBF and GFH Financial Group announce strategic collaboration

Zawya

time18-05-2025

  • Business
  • Zawya

The BIBF and GFH Financial Group announce strategic collaboration

Manama – The Bahrain Institute of Banking and Finance (BIBF), the region's premier training and development provider, and GFH Financial Group (GFH), a leading Islamic financial institution headquartered in Bahrain, are proud to announce a strategic partnership to develop a groundbreaking book on Islamic Capital Markets. This collaboration underscores both organizations' commitment to advancing knowledge, fostering innovation, and strengthening Bahrain's position as a global financial hub. The project, a comprehensive book, aims to provide an authoritative resource on Islamic capital markets, blending academic rigor with practical insights. The book will feature various chapters and relevant case studies, with a focus on real-world applications. The book will serve as a vital resource for professionals and institutions, reinforcing Bahrain's leadership in Islamic finance education and innovation. The BIBF's Chief Executive Officer, Dr. Ahmed Al Shaikh, commented: 'We are thrilled to partner with GFH Financial Group on this transformative project. This collaboration aligns with our mission to deliver world-class education and thought leadership in Islamic finance. By combining the BIBF's expertise in training and advisory with GFH's pioneering contributions to the industry, we aim to produce a definitive resource that will empower professionals globally.' GFH Financial Group's Chief Operating Officer, Mr. Salah Sharif, added: 'GFH is proud to support this initiative, which reflects our commitment to fostering innovation and sustainable growth in Islamic finance. By contributing our real-world insights and expertise, we aim to create a lasting impact on the global financial community while reinforcing Bahrain's role as a leading financial hub.' The book is expected to be completed by the end of 2025 and will be distributed to academic institutions, financial organisations, and industry stakeholders worldwide. For more information about the project or to inquire about collaboration opportunities, please contact islamicfinance@ or call 17815555. 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: About GFH Financial Group B.S.C. GFH Financial Group, licensed as an Islamic wholesale bank by the Central Bank of Bahrain and headquartered at GFH House, P.O. Box 10006, Manama Sea Front, Kingdom of Bahrain is one of the most recognised financial groups in the Gulf region. Its businesses include Investment Management, Treasury & Proprietary Investments, Commercial Banking and Real Estate Development. The Group's operations are principally focused across the GCC, North Africa and India, along with strategic investments in the U.S., Europe and U.K. GFH is listed on four stock exchanges in the GCC, including the Bahrain Bourse, Boursa Kuwait, Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) where it is one of the most liquid and actively traded stocks. For more information, please visit GFH Financial Group Nawal Al Naji Senior Manager - Corporate Communications Email: Nalnaji@

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