The Bahrain Institute of Banking and Finance (BIBF) has signed two cooperation agreements with Russia’s Kadyrov Chechen State University and the Financial University.
The partnerships aim to support capacity building and integrate BIBF’s Islamic finance professional qualifications into the universities’ academic programs.
The agreements were signed during BIBF’s participation in Kazan Forum 2026 in Russia with Mr Zaurbek Saidov, Rector of Kadyrov Chechen State University, and Professor Stanislav E. Prokofiev, Rector of Financial University.
The agreements seek to strengthen collaboration in capacity building, academic and professional development, and other areas of mutual interest. They will also explore opportunities to enhance specialized knowledge and support the development of talent in the field of Islamic finance.
Ahmed AlShaikh CEO – BIBF
“These agreements mark an important step in expanding our international academic partnerships and strengthening the global reach of Bahraini expertise in Islamic finance education and professional training. They also reflect the growing interest in specialised qualifications and professional development pathways that support talent development across different markets.”
Dr. Rizwan Malik, Head of BIBF’s Islamic Finance Centre, said that, “These partnerships reflect the increasing demand for specialized Islamic finance education in international markets. Integrating professional qualifications within academic programs helps bridge the gap between academic learning and the practical skills required by the industry, creating greater value for students and future professionals.”
The agreements are part of BIBF’s strategy to expand its international academic partnerships and broaden the global reach of its professional qualifications and educational programs. The initiative also aims to support the development of skilled talent for the Islamic finance industry worldwide, as per the statement.
