MANAMA: The General Council for Islamic Banks and Financial Institutions (Cibafi), the global umbrella of Islamic financial institutions, has launched English and French translations of its training materials.
The translation of Cibafi training materials comes as a response to the increasing requests from non-Arabic speaking Islamic finance professional who are interested to take Cibafi professional certifications in Islamic finance.
The council has also announced that trainees can now take the required certification exams online through its web portal.
This comes after the third Strategic Session for Professional Development in the Islamic Finance Industry, held online.
The highlight of the programme was an interactive panel discussion among Cibafi professional development agents, human resource executives and managers, and stakeholders on the emerging need to develop the human capacity within the Islamic finance industry and how to overcome challenges in implementing Islamic finance programmes during the current Covid-19 crisis.
During the panel session, training experiences were presented from different countries and jurisdictions with an overview on the main challenges that they are facing during the pandemic.
The most common initiatives that have been taken to overcome the challenges in implementing Islamic finance programmes were discussed, which include the implementation of online mode of training.
Speakers also expressed the importance of translating training programme materials into English, French, Turkish and Russian languages to accommodate the requests from non-Arabic speaking countries.
In the same context, the speakers also emphasised the need to enhance the training programmes content and ensure the balance between the theoretical and application/technical side of the training programmes.
The importance of having international accreditation and affiliations was also discussed to take into consideration the characteristics of the trainees in different parts of the world and to raise the level of training in the Islamic finance sector.
Dr Abdelilah Belatik, secretary general of Cibafi, said, “This initiative is aligned with Cibafi’s key objective of training and professional empowerment which endeavours to enhance capacity building in the Islamic financial services industry.”
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