MANAMA: A number of Islamic banks in Bahrain have launched a national initiative to qualify Bahraini graduates to work in the banking sector and elsewhere as part of their corporate social responsibility.

The participating banks which include Al Baraka Banking Group, Kuwait Finance House-Bahrain, Ithmaar Bank, Al Salam Bank and Khaleeji Commercial Bank, are making arrangements to target the training and development of 1,000 Bahraini graduates over the next five years.

The duration of the training programmes will range from six months to a year according to the needs of the banks.

They will include courses leading to academic and professional qualifications for the selected graduates, enabling them to take on various jobs needed by banks now and in the future.

The banks intend to implement these programmes in co-operation with the Labour and Social Development Ministry, Tamkeen and the Waqf Fund.

The initiative is also endorsed by the Central Bank of Bahrain.

The aim is to expand the plan to include all Islamic and conventional banks in the country to accommodate more graduates, reflecting the sector’s role in sustainable development and in generating rewarding jobs for Bahrainis.

The announcement coincides with centenary celebrations of Bahrain’s banking sector reaffirming its pioneering and historical role in the national economy, for which the Bahrain Association of Banks plans to organise many events and activities.

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