BIBF signs MoU for Islamic Banking MBA with University of Bolton (UK)

MANAMA, BAHRAIN - Monday August 4, 2014: BIBF signed an MoU with the University of Bolton (UK) to develop an MBA in Islamic Banking. As per the MoU, which was signed in the UK, BIBF will act as lead content provider for the Islamic Finance subjects and will supervise all dissertations, while the University of Bolton faculty will deliver the core MBA subjects.

Graduates of BIBF's Islamic Finance programmes will be eligible for exemptions from some of the subjects, providing them with a shortened pathway to obtain an MBA with a specialisation in Islamic Finance.

"The initiative further bolsters our position as the global content provider of choice for Islamic Finance. We expect the new programme to become an attractive means for students globally to develop expertise in Islamic Finance, and for our graduates to further their studies in the UK.", BIBF Director Ms Solveig Nicklos said at the signing.

According to a recent BIBF research paper, the Islamic financial sector, which in 2012 had an overall asset valuation of more than 1,350 billion dollars globally, is expected to create anywhere from 250,000 to 1 million professional Islamic finance jobs worldwide by 2020.

The University of Bolton is a leading academic institution renowned for its vocationally-focused and industry-relevant degree programmes with an exceptional track record.

About BIBF
BIBF plays a vital role in the training and development of human capital for the business sector of the Kingdom of Bahrain. BIBF also partners with numerous world-class institutions such as DePaul university and Bangor university, delivering thought leadership, research and advisory, assessment and training solutions in the areas of Accounting and Finance, Academic, Executive development, Banking, Leadership and Management, Insurance as well as Islamic Finance and Information Technology.

BIBF also has over 300 different courses offered in the field of business which come alongside tailor-made training solutions based on organisational requirements; specialised programmes taught by leading market specialists; and professional qualifications and degree programmes in partnership with accredited international organisations.

Since its inception in 1981, BIBF has grown from training 450 applicants a year primarily within the banking industry, to 20,000, drawing participants from all sectors in the field of business. This growth allowed the BIBF to qualify over 200,000 learners in the last 3 decades.

BIBF's faculty is comprised of business veterans, academics and qualified senior industry professionals. BIBF also has a very strong international presence, and has made its mark with clients in Asia, Africa, Europe, USA and the Middle East.

For further information please contact the BIBF Marketing & Communications Department:
Amani Al Buflasa
Tel : +973 1781 6336
Email : amani@bibf.com

Zainab Bucheery
Tel : +973 1781 6312
Email : zainab@bibf.com