MANAMA, BAHRAIN – Ithmaar Bank, a Bahrain-based Islamic retail bank, concluded its annual summer internship programme with thirty-two undergraduate students from various local and international universities participating in this year’s programme.
The two-month programme included an induction session that covered various training sessions, such as information security, anti-money laundering, and the basics of Islamic banking and finance in addition to on-the-job training. The trainees also took part in the “Head Start” programme, an InJaz initiative targeted at university students in their senior years and designed to help them develop their CV and prepare for job interviews.
“As leaders in Islamic banking, Ithmaar Bank recognises its responsibility not just to the community in which it operates, but also towards nurturing the national banking and finance industry,” said Ithmaar Bank Chief Executive Officer, Ahmed Abdul Rahim. “Our internship programme helps university students kick-start their preparation for careers by developing their knowledge and offering them the experience they need to enter the work environment. It also contributes to the development of the next generation of banking and finance leaders, who will support the contribution of the banking industry to the national economy. The Kingdom of Bahrain enjoys a reputation as a key regional banking hub, particularly for Islamic banking, and we view it as our responsibility to help maintain this position,” he said.
Ithmaar Bank Head of Human Resources, Enas Rahimi said: “Ithmaar Bank’s summer internship programme is developed annually according to market requirements, complementing the theoretical studies taught at universities with practical, on-the-job training.”
In line with the Bank’s commitment to helping develop the next generation of banking professionals, the internship offers trainees first-hand insight into the Bank’s organisational structure, as well as the key functional areas of Islamic retail banks and an understanding of day-to-day operations.
About Ithmaar Bank:
Ithmaar Bank B.S.C. (closed) (“Ithmaar Bank”) is a Bahrain-based Islamic retail bank that is licensed and regulated by the Central Bank of Bahrain and provides retail, commercial, treasury & financial institutions and other banking services.
Ithmaar Bank is a wholly owned subsidiary of Ithmaar Holding B.S.C. (formerly named Ithmaar Bank B.S.C.) which is listed on the Bahrain Bourse, Boursa Kuwait and Dubai Financial Market.
Ithmaar Bank provides a diverse range of Sharia-compliant products and services that cater to the financing and investment needs of individuals and institutions. Ithmaar also maintains a presence in overseas markets through its subsidiary, Faysal Bank Limited (Pakistan).
© Press Release 2018