IslamicFinance.de

The 25th Board of Directors meeting of the International Islamic Financial Market (IIFM) took place on December 11 at Islamic Development Bank (IDB) offices in Jeddah. Present at the meeting were senior representatives from IDB, Central Bank of Bahrain, Central Bank of Sudan, Autoriti Monetari Brunei Darussalam, Labuan Financial Services Authority (Malaysia), Bank Indonesia, State Bank of Pakistan, ABC Islamic Bank - Bahrain, Bank Islam Malaysia Berhad, Kuwait Finance House-Bahrain.
Mr. Khalid Hamad Abdul Rahman Hamad, Executive Director-Banking Supervision, Central Bank of Bahrain & Chairman of IIFM, welcomed the Board members and thanked them for their foresightedness and guidance which has been influential in IIFM’s focus on standardized documentation & products for the Islamic Capital & Money Market.

Kuwait Finance House-Bahrain officially opened its new state-of-the-art data centre. It was opened by KFH-Bahrain managing director and chief executive officer Abdulhakeem Alkhayyat.
The opening of the data centre is in line with the bank's strategic expansion plans to provide world-class banking services with maximum security and backup on all its day-to-day transactions.

The programme, fully sponsored by Kuwait Finance House-Bahrain (KFH-Bahrain), is a joint initiative of KFH - Bahrain, Young Arab Leaders Organization (YAL) and InJAz Bahrain.
The main objective of the annual mentorship programme was for Bahraini students to gain in-depth insight into a leading entrepreneurial ecosystem in Sophia Antipolis.