Bahrain plans to introduce a first-of-its-kind diploma program in Islamic banking, reported the Gulf Daily News on Saturday.
The 10-month-long program, set to start on September 2, has been developed by the Bahrain Institute of Banking and Finance (BIBF).
Up to 25 places are available for the BIBF Islamic Banking Diploma Program (IBDP), which will be offered annually, said the head of Islamic banking studies, Taha Eltayeb Ahmed.
The program has been developed in response to requests from the Islamic banking industry, he said.
The industry has reached a certain stage in its growth and requires personnel trained specifically in Islamic banking, said Ahmed.
Although various courses are held on Islamic banking issues, this is the first comprehensive program, which will cover all relevant issues.
“This is the first such program of its kind in the region and, possibly, in the world,” he added.
The program emphasizes the practical aspects of Islamic banking, as well as the theoretical foundation of the subject, said Ahmed.
The theory will cover a host of issues such as Islamic jurisprudence, law of banking, economics and the role of banks in the economy and financial reporting analysis and planning – Albawaba.com
