Kuwait Finance House – Bahrain Employees Awarded with the Islamic Arbitrator & Expert (CIAE) Certificate

Press release
Published January 15th, 2023 - 08:01 GMT

Kuwait Finance House – Bahrain Employees Awarded with the Islamic Arbitrator & Expert (CIAE) Certificate
During the event
Highlights
Kuwait Finance House – Bahrain recently celebrated the achievement of three of its employees who have attained the Certified Islamic Arbitrator and Expert (CIAE) certification

Kuwait Finance House – Bahrain recently celebrated the achievement of three of its employees who have attained the Certified Islamic Arbitrator and Expert (CIAE) certification, upon their successful completion of a training program arranged by the International Islamic Centre for Reconciliation and Arbitration (IICRA). The employees’ participation in the program comes as part of the Bank’s efforts to investing in and developing its human capital.

The employees, Mr. Waleed Tameem, from Collections, Mr. Hamad Al Thawadi from the Managing Director & CEO’s office, and Mr. Jassim Aqab, from Compliance were received by Mr. Abdulhakeem Alkhayyat, Managing Director and Chief Executive Officer of KFH – Bahrain in a recognition meeting. During the meeting, Mr. Alkhayyat commended the employees for their efforts in achieving the CIAE certification, on behalf of all KFH - Bahrain’s representatives.

The CIAE program is a comprehensive, international program covering all Sharia’a, legal and practical aspects in Islamic finance transactions. The program also focuses on several topics related to international commercial arbitration, including the concepts and practices of approved arbitration, the methods of dispute resolution in accordance with Sharia’a regulations, the applications and methods of Islamic banking financing and trading, as well as the practical aspects of drafting documents, contracts, trade and insurance instruments in a Sharia’a compliant manner.

On this occasion, Mr. Abdulhakeem Alkhayyat, Managing Director and CEO of KFH - Bahrain, commented: “We are delighted to have three of our team members attain this prominent certification through one of our longstanding partners, the International Islamic Centre for Reconciliation and Arbitration (IICRA). At KFH - Bahrain, we continue to foster a supportive environment conducive to the growth and development of all our employees to further enhance their professional development and success. We continue to establish partnerships and initiatives that provide talent development opportunities, which is an essential element to our human capital development goals and organisational development.”

The employees expressed their gratitude on achieving this certificate and conveyed their appreciation towards the support they received from the Bank. 

Kuwait Finance House – Bahrain continues to invest in its talents, stemming from its belief in their essential role in driving institutional growth. The Bank adopts advanced standards to meet the academic and training needs of its employees, in addition to nurturing an environment that encourages personal and professional development through short and long-term plans for all its employees.

Background Information

Kuwait Finance House - Bahrain

Kuwait Finance House (KFH) is considered a pioneer in the Islamic banking phenomenon known as ”Islamic Finance” or “Sharia’a” compliant banking. Kuwait Finance House (KFH) is the first Islamic bank established in 1977 in the State of Kuwait and today it’s one of the foremost Islamic financial institutions in the world.

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