Al Salam Bank of Bahrain has announced the launch of its employee training program titled “Al Salam Bahrain Financial Learning Academy”.
In partnership with various prestigious financial institutions in Sudan and under the leadership of the Bahrain Banking and Finance Institute (BIBF), the program will consist of 21 courses and 44 sessions from May 2022 to the end of August 2022 via Microsoft Teams.
The program will cover a number of important topics, including: bank and country risk analysis and its latest updates, an introduction to Islamic capital markets, sukuk and other products, cybersecurity for the financial sector, the fight against anti-money laundering and compliance, financial crimes and fraud prevention as well as familiarizing employees with key aspects of Islamic finance in addition to an overview of sanctions and regulations and the Organization of Accounting and Auditing for Islamic Financial Institutions (AAOIFI).
Commenting on the occasion, Muna Al Balooshi, Head of Human Resources and Administration of Al Salam Bank, said, “The program, which is offered as part of our education and knowledge exchange initiatives, aims to equip participants with knowledge about the Bahraini financial system. market and shed light on Islamic banking, cybersecurity and financial compliance, in line with the kingdom’s exceptional record in training and development, particularly in the financial sector.
“We would like to express our gratitude to the BIBF for assigning speakers to facilitate key sessions, during which trainees will receive a certificate of participation at the end of the program, and we look forward to continuing to form these dynamic partnerships at the coming. “
BIBF will also offer several courses on various integral topics including: Advancing Financial Opportunities in Sudan, Financial Risk Management and Governance, Emerging Technologies and Opportunities in the Financial Sector Globally and in Africa, financial technology, digital transformation, international trade finance with a focus on African markets, rules governing trade finance products, supply chain finance, structured trade finance products for large corporations and small and medium-sized enterprises (SMEs), liquidity and cash management for large enterprises, and trade finance overview products.
Sudanese financial institutions
Sudanese financial institutions participating in the program include: Ministry of Finance and Economic Planning, Central Bank of Sudan, Bank of Khartoom, National Bank of Omdurman, Faisal Islamic Bank of Egypt, French Sudanese Bank, United Capital Bank, Blue Nile Mashreg Bank, Export Development Bank, El Nilein Bank, Alnile Bank, Sudanese Egyptian Bank, Tadhamon Bank, Sahel and Sahara Bank, Sudanese Islamic Bank and Balad Bank.