The Bahrain Institute of Banking and Finance (BIBF) has announced the launch of its e-Learning platform as part of its Islamic Finance Centre. This is in accordance with the four year globally exclusive agreement between BIBF (training arm of the Central Bank of Bahrain) and AAOIFI to bring all AAOIFI Standards onto an e-Learning platform.

The e-Learning Platform presents the AAOIFI Shariah Standards as video tutorials for each standard, in a video explanation, with animated case studies, voice-overs and self-assessments.

On this occasion, Dr. Ahmed AbdulHameed AlShaikh, the BIBF Deputy Director stated, “The BIBF is proud to present the AAOIFI Shariah Standards in a new visual and online representation, which helps learners around the world to acquire the understanding of the standards, especially in the Islamic Finance sphere.”

Furthermore, Mr. Mujtaba Khalid, Head of the Islamic Finance Centre at the BIBF said, “The BIBF team has developed the entire number of the Shariah standards in-house. The whole idea of launching the e-Learning platform is to make the AAOIFI Standards and the workings of the Islamic Finance industry easy to understand using the animated

tutorials, case studies, and even explanations from prominent Islamic Finance Scholars.”

The 2nd phase of the project is set to be completed in September this year, and will see the Accounting, Auditing and Ethics and Governance Standards also come online.

For more information on the BIBF’s Islamic Finance e-Learning platform for the AAOIFI Shariah Standards is on www.bibf.com/istandards