PHOTO
Manama, Bahrain: Bahrain Islamic Bank (BisB) has announced its Silver sponsorship of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) 14th World Bank Conference, which will be held on the 3rd and 4th of November at the Gulf Hotel under the theme of “Revolutionary Changes in Global Islamic Finance Ecosystem: Need for Governance, Standardization and Regulatory Support”.
The list of speakers at the conference will include a prominent group of Islamic scholars bringing together senior representatives from Central Banks, regulatory authorities, financial institutions, accounting and auditing firms, legal firms, universities, higher education institutions and the media all under a single roof. The aim of the conference is to discuss a wide range of topics and promote knowledge sharing, all of which are important to the future development of Islamic finance.
“Our sponsorship of this conference comes as a result of our eagerness to support events and programs which aim to elevate the Islamic banking sector. AAOIFI’s 14th World Bank Conference is the ideal platform to discuss the latest developments in the Islamic finance industry and address its challenges head-on,” said Mr. Hassan Jarrar, the Chief Executive Officer of BisB.
The conference will tackle various topics including methods of overcoming the regulatory challenges posed by technology disruptions and technology-based unregulated financial intermediation, the need for Shari’ah rules and governance mechanism in block chain-based smart contracts, addressing opportunities and challenges of Islamic crowdfunding, and the Shari’ah decision making process. The AAOFI conference will also feature several panel discussions on FinTech and other significant topics.
-Ends-
This press release has been issued by TRACCS Bahrain.
For further information, please contact
Shaikha Seyadi
Tel: +973 17 592008 Ext. 101 | M: +973 66395500
Email: shaikha.seyadi@traccs.net
About Bahrain Islamic Bank (BisB)
Bahrain Islamic Bank (BisB) is the leading provider of Sharia compliant integrated financial solutions in the Kingdom of Bahrain. Since its establishment in 1979 as the first Islamic Bank in the country and the fourth in the GCC, BisB has pioneered the country’s Islamic finance industry and has paved the way in digital transformation to enhance the customer experience and elevate the standards of banking in the Kingdom.
BisB’s competitive edge lies in its approach to simplifying customer’s money matters; the Bank leverages on its Bahraini values to offer an optimal customer experience, and deploys state-of-the-art digital platforms and innovative product and services to enable simpler, faster and hassle-free banking transactions.
© Press Release 2019Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
