Bahrain Islamic Bank (BisB) Gold Sponsor of AAOIFI 11th Conference
Bahrain Islamic Bank (BisB) announced its Gold Sponsorship for AAOIFI’s and World Bank’s 11th annual conference for Islamic Banking and Finance which already convened in Ritz Carlton Hotel in the Kingdom of Bahrain in the period 6 – 7 November 2016 under the auspices of the Central Bank of Bahrain (CBB) and organized by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
In this occasion, Mr. Hassan Amin Jarrar BisB CEO stated: " we are pleased to participate in this prestigious conference which brings under its umbrella senior Sharia scholars and experts in the field of Islamic Banking & stressed the important role played by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in preparing the Sharia Accounting Standards and helping Islamic Banks in conducting their business".
Mr. Jarrar added: " The conference will address many important themes some of which include: the changing economic environment and the impact on the Islamic Finance Strategies, Islamic Finance and Governments Finance policies in the changing regional economic environment, Agricultural Finance the new direction for Islamic Finance, Central Sharia Boards, their roles, Importance, related Risks and Evaluation of international Practices, Gold and its applications in the Islamic Finance Industry, among others ".
Mr. Hassan Jarrar concludes his statement:" we wish for the conference & participant's success & improvement".
It has to be pointed out here that BisB has used to participate, on an ongoing basis, in all the events and programs organized in the Kingdom of Bahrain by AAOIFI. This stance from the Bank emanates from the importance it attaches to Sharia issues, legislations related to its investments, banking transactions, and new issues that arise in the banking sector in this respect.