Manama, Bahrain: Waqfe, a leading Bahrain based Fintech solutions provider, recently signed a Memorandum of Understanding with Mutamahin, an initiative launched by the CFA society of Bahrain.
Being a two-way agreement, 5 interns from Waqfe will get the chance to attend the Mutamahin Training Course; in turn Waqfe will provide 5 internship opportunities to Mutamahin graduates. The agreement sees Waqfe take another step in providing unique, career accelerating opportunities to talented, young Bahrainis.
Ms. Fatima AlAlawi, the Chief Business Officer of Waqfe, and Mr. Ayman Al Basri, the Deputy Chair of Mutamahin and Chair of Programs Committee, signed the agreement in the presence of Mr. Osama Al Khajah, the Board Advisor of Waqfe.
Ms. Fatima Al Alawi, the Chief Business Officer of Waqfe commented: “We at Waqfe are glad to have developed this partnership with an organization that is focused on preparing the future workforce of Bahrain. The agreement is mutually beneficial since the interns from Waqfe will gain crucial knowledge on how to prepare themselves for a working environment, while Mutamahin graduates will get the opportunity to implement the skills and knowledge gained through the course. We are certain that both our organizations will be able to develop exceptional partnerships in the future to solely benefit the younger generation in Bahrain, and in turn create an incredibly powerful workforce that can lead Bahrain into the future.”
Speaking on the occasion Mr. Ayman Al Basri said: “We are excited to be working with Waqfe in this highly beneficial initiative. All interns involved will certainly reap great benefits from this program. It was clear early on in our discussions, that Waqfe share our passion for education and building the right platform to support talented young individuals. We are certain that our graduates will learn an incredible amount while being interns at a progressive organization such as Waqfe.”
So far through the Loyalty Program, over 520 internships have been successfully secured at various corporate organizations and over 800 internships are in line to be placed in the coming months. Gaining immense support from several corporates and institutions across industries throughout the region, the Loyalty Program will be using the support to create over 5,000 new opportunities for young Bahrainis to advance their careers by 2020.
About Waqfe’s Loyalty Program:
The loyalty program is a next-generation digital engagement platform, by Waqfe. It is a unique program that creates emotionally engaged customers with greater lifetime value.
Waqfe is a fintech firm that solves key problems for banks going digital. Built on disruptive technologies like open banking APIs, mobility, and AI, the mobile platform allows banks to go digital quickly and economically. Banks working with Waqfe create the best customer experiences and use their newfound agility and greater understanding of customer to go from follower to formidable leaders.
The Mutamahin Project is an initiative launched by CFA Society Bahrain in order to provide employers in Bahrain with a pool of university graduates who are suitably trained to perform the roles of Interns. The success of the Program is contingent upon the Interns finding placement opportunities with employers and hence the desirability of employers filling their internship needs from this pool. From the employers’ perspective, the candidates, in addition to going through a merit based screening process, are well trained to participate at a higher level.
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© Press Release 2018