Bahrain Islamic Bank (BisB) announced its golden sponsorship of the 16th Annual Conference of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), which will be held from 8 to 9 April 2018 at the Diplomat Hotel in Manama, under the patronage of the Central Bank of Bahrain organized by AAOIFI.
Mr. Wesam Abdulaziz Baqer, General Manager of Corporate & Institutional Banking in BisB, remarked: “The Accounting and Auditing Organization for Islamic Financial Institutions plays a pivotal role by continuing to organize these conferences, by positively impacting the evolution of the Islamic banking sector and continuing to develop the pool of talent within the industry.”
Mr. Wesam added: “BisB is always proud to support and participate in these prestigious conferences which will brings together leading Islamic scholars, experts and employees in the Islamic banking sector under one roof. This year’s conference will address many important subjects, including the Main Obstacles and Challenges Facing the Islamic Finance Industry, Performance incentives (Concept, Characterization and Rules), sukuk under Basel, Mudharaba – Murabaha – Tawarruq hybrid sukuk, Shari’ah governance for sukuk issuance.
During the conference, participants and attendees were invited to visit the BisB booth in order gain a better understanding of the Bank’s latest initiative and banking products, including the state-of-the art digital services offered to the Bank’s customers.
Significantly, BisB has consisted supported and actively participated in the various events and programs organized by AAOIFI in the Kingdom of Bahrain, in light of the Bank’s commitment to maintaining its position at the forefront of the legislative aspects of its investments, banking operations, and the latest developments in the financial banking sector.