One of the oldest Islamic finance qualification providers in the world has partnered with an international Islamic and ethical fintech advisory to design and deliver training services on fintech for Islamic finance, a testament to the burgeoning area of Shariah compliant fintech solutions.
The Bahrain Institute of Banking and Finance (BIBF) and Finocracy have cemented a partnership under which both parties will develop a comprehensive training service incorporating both theoretical knowledge and practical applications through a select range of proven technologies and real-life case studies.
“Our strong partnership with BIBF will allow us to deliver world-leading and the first-of-a-kind training on Islamic fintech and social finance — and thus help us reach our vision in developing the ecosystem,” commented Mohammad Raafi Hossain, CEO of Finocracy.
The training attempts to demystify technological innovations in the context of Islamic finance and to equip entrants into the Shariah compliant fintech space with essential background and knowledge to capitalize on emerging opportunities.
“This partnership is in line with our strategy to leverage off technology for facilitating the global Islamic finance industry,” said Mujtaba Khalid, the head of BIBF Islamic Finance Center.