BIBF Launches a Professional Micro-Credentials in Islamic Finance

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Dr. Rizwan Malik, Head of the Islamic Finance Centre at BIBF. (Image Courtesy: BIBF)
Dr. Rizwan Malik, Head of the Islamic Finance Centre at BIBF. (Image Courtesy: BIBF)

In line with efforts to strengthen Bahrainโ€™s position as a leading hub for Islamic banking and finance, the Bahrain Institute of Banking and Finance (BIBF) has announced the launch of flexible and practical learning pathways for professionals in the Islamic banking sector, through a new series of professional micro-credentials.

This initiative has been developed in response to the growing needs of the labour market amidst the rapid changes taking place in the Islamic banking industry, particularly in areas of regulation, digitalisation, and specialised skills. These certificates follow a modern education model known as “micro-learning”, allowing professionals to acquire specialised skills over a short period of time without interrupting their work commitments, thereby enhancing their job-readiness and updating their knowledge in line with international standards.

BIBF Logo (image Courtesy: BIBF official website)

The initiative includes various core specialisation courses including, Islamic Retail Banking, Risk Management, Treasury Management, Wealth Management, Shariah Audit etc. Each programme runs over a period of three to five days, delivered in a blended format combining in-person and virtual sessions led by subject-matter experts, offering maximum flexibility and practical understanding for participants.

On this occasion, Dr. Rizwan Malik, Head of the Islamic Finance Centre at BIBF, stated: โ€œThese programmes are designed to directly address the growing demand in the sector for specialised, practical knowledge. They are ideal for professionals seeking to upskill or shift into new areas, without the time commitment of longer academic programmes.โ€

He added: โ€œThe launch of this initiative reinforces Bahrainโ€™s position as a leading hub in Islamic banking, by responding to the marketโ€™s growing need for targeted and practical training aligned with global standards. It also contributes to the development of national talent and prepares professionals to navigate ongoing digital and regulatory transformations in the sector, further enhancing the Kingdomโ€™s status as a global centre for Islamic banking and finance education and training.โ€

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