MANAMA: Al Baraka Islamic Bank (ABIB) and Al Baraka Banking Group (ABG) donated BD5000 in support of the BIBF Dealing Room, the first educational training facility of its kind in the region. Mohamed Isa Al Mutaweh, CEO of Al Baraka presented the cheque to BIBF’s Deputy Director Dr. Ahmed Al Shaikh, in the presence of representatives from both organisations.
“We are happy today, and in the context of the performance of the social responsibility of the Bank, to support the academic programs of the Bahrain Institute of Banking and Financial Studies (BIBF), which would support creating Bahraini cadres in specialized banking areas, and which would support the employment efforts of Bahrainis in the local banking, and at the same time strengthen the position of the Institute locally and regionally, and its distinctive role in supporting the banking business in the Kingdom of Bahrain and the region,” Al Mutaweh said.
BIBF’s dealing room powers technology-enabled experiential learning, allowing students to learn about trading in a real market environment. The facility launched its first course, titled “Trading, Market Making & Portfolio Management” in March 2015 with participants travelling from Oman and Saudi Arabia to attend the training.