Bahrain Bourse wins Best Stock Exchange for Financial Literacy Initiatives in GCC

By Shilpa Annie Joseph, Official Reporter
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Bahrain Bourse wins accolade
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Bahrain Bourse (BHB), a Licensed Exchange by the Central Bank of Bahrain, has been accorded an award titled “Best Stock Exchange for Financial Literacy Initiatives – GCC” for the year 2023 by Global Banking & Finance Review.

According to the statement, Bahrain Bourse continues to be at the forefront of several initiatives aimed at enhancing financial awareness across various segments of society.

The award underlines Bahrain Bourse’s unwavering commitment to fostering literacy through its various programs, and its ongoing participation in the World Federation of Exchanges’ annual ‘Ring the Bell for Financial Literacy’ initiative, as well as its participation in the GCC-wide Awareness Campaign (‘Mulim’) in collaboration with Central Bank of Bahrain (CBB) to raise awareness on fraud prevention within capital markets.

Shaikh Khalifa bin Ebrahim Al Khalifa
Shaikh Khalifa bin Ebrahim Al Khalifa
CEO – Bahrain Bourse

“We feel privileged to be recognized as the Best Stock Exchange for Financial Literacy Initiatives in the GCC. At Bahrain Bourse, we embrace the transformational potential of financial education and are committed to providing individuals of various ages with the expertise and resources they need to make sound investment decisions. This award pushes us to maintain our efforts to advance financial literacy while building a more financially empowered society.”

In May 2023, Bahrain Bourse concluded the 5th edition of the Smart Investor Program, aimed at fourth-grade elementary students, and the 24th edition of the TradeQuest Program, aimed at high school and university students.

Launched in collaboration with INJAZ Bahrain, the Smart Investor program focuses on instilling basic financial concepts through interactive activities and stimulating workshops, providing a solid basis for future financial habits, while the TradeQuest program provides students with hands-on experience by trading according to established protocols and systems using an electronic trading platform on Bahrain Bourse and the NYSE.

BHB wins accolade

Bahrain Bourse also launched in 2021 the Capital Market Apprenticeship Program, established exclusively to target Bahraini graduates. The program intends to offer interns with both the knowledge and practical skills needed to successfully navigate the capital markets after undergoing a 6-month job rotation at Bahrain Bourse and Bahrain Clear.

Bahrain Bourse, in collaboration with the Bahrain Institute of Banking and Finance (BIBF), also unveiled a series of free webinars for the public, under the umbrella of the Investment Academy.

The Investment Academy was launched in 2017 in collaboration with BIBF in order to provide practical knowledge, targeting novice and professional investors to enhance their knowledge about capital markets through advanced and developed training methods and techniques, which has benefited more than 2000 participants.

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