Ithmaar Bank, a Bahrain-based Islamic retail bank, hosted a delegation of post graduate students from Morocco who were visiting the Kingdom as part of their university programme.
The delegation of Master’s Degree students from the Dauphine University in Casablanca, Morocco, was headed by the University’s Director of the Executive Master Principles and Practices of Islamic Finance, Kader Merbouh. The visit, which was organised by the General Council for Islamic Banks and Financial Institutions (CIBAFI), included meetings with various leading organisation in Bahrain.
The delegation choose to visit Bahrain because of its significance as a regional key Islamic financial hub which helps contribute to their mission of establishing Morocco’s first Islamic financial institution. The students, who has specifically requested in-depth information about operational risk and compliance management application in an Islamic bank, attended a detailed presentation, delivered by the Ithmaar Bank Chief Risk Officer, Krishnan Hariharan, on their key area of study.
“As a pioneering Islamic retail Bank, we recognise the important role we must play both in contributing to the development of the region’s Islamic banking and finance industry, and in playing a real and meaningful role in our extended community,” said Ithmaar Bank Chief Executive Officer, Ahmed Abdul Rahim. “This visit, which was arranged by CIBAFI, is a great example and allowed us to share first hand insight with postgraduate students who are well on their way to becoming the next generation of leaders,” he said.