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BIBF Wins GIFA Excellence Award for Human Capital Development 2026
(MENAFN- BIBF Leading Excellence ) Manama, 15 September 2026: The Bahrain Institute of Banking and Finance (BIBF) has received the GIFA Excellence Award for Human Capital Development 2026 at the 16th edition of the Global Islamic Finance Awards (GIFA), in recognition of its role in developing professional talent and strengthening institutional capability across the Islamic finance sector.
The award was received by Dr Ahmed AlShaikh, Chief Executive Officer of BIBF, during the awards ceremony held in London, United Kingdom, and was presented by Mr Iqbal Khan, Chief Executive Officer of Fajr Capital. The ceremony was attended by Senator Ian Gorst, Minister for Financial Services of Jersey; H.E. Dr Mohamed Waheed Hassan, former President of the Maldives; and other dignitaries and senior representatives from the Islamic finance sector.
The recognition reflects BIBF’s contribution to human capital development in Islamic finance through specialised programmes designed around the needs of financial institutions. These include leadership and board development, technical training, advisory services, digital learning and international knowledge transfer.
Over the past year, BIBF delivered more than 100 specialised Islamic finance programmes to over 1,900 participants, with its programmes and partnerships extending across 20 markets, reflecting the Institute’s growing contribution to professional capability development in both established and emerging markets.
BIBF’s work has also supported workforce development, executive and board capability, Shariah governance and institutional readiness, alongside specialised expertise in areas such as risk management, capital adequacy and Islamic money markets.
Commenting on the achievement, Dr Ahmed AlShaikh, Chief Executive Officer of BIBF, said: “This recognition reflects BIBF’s continued commitment to developing specialised talent and building the capabilities needed to support the growth of the Islamic finance sector. It also reinforces Bahrain’s position as a centre for knowledge, expertise and professional development in this field. We remain focused on preparing professionals and leaders who can respond to the sector’s evolving needs and contribute to its sustainable growth regionally and internationally.”
Dr Rizwan Malik, Head of the Islamic Finance Centre at BIBF, added: “We are committed to ensuring that our programmes remain closely aligned with industry needs, regulatory developments and the practical challenges faced by financial institutions. This recognition reflects the value of an industry-led approach to learning and the importance of developing professionals with the technical knowledge and practical understanding needed to apply Islamic finance principles effectively in the workplace.”
The latest recognition follows BIBF’s win in 2025 as "Best Islamic Finance Education Provider" at the Global Islamic Finance Awards, reflecting continued international recognition of the Institute’s contribution to specialised education and human capital development in Islamic finance.
BIBF continues to support the development of specialised talent and institutional readiness across the financial sector, contributing to the competitiveness of the Kingdom of Bahrain and its position within the global Islamic finance industry.
The award was received by Dr Ahmed AlShaikh, Chief Executive Officer of BIBF, during the awards ceremony held in London, United Kingdom, and was presented by Mr Iqbal Khan, Chief Executive Officer of Fajr Capital. The ceremony was attended by Senator Ian Gorst, Minister for Financial Services of Jersey; H.E. Dr Mohamed Waheed Hassan, former President of the Maldives; and other dignitaries and senior representatives from the Islamic finance sector.
The recognition reflects BIBF’s contribution to human capital development in Islamic finance through specialised programmes designed around the needs of financial institutions. These include leadership and board development, technical training, advisory services, digital learning and international knowledge transfer.
Over the past year, BIBF delivered more than 100 specialised Islamic finance programmes to over 1,900 participants, with its programmes and partnerships extending across 20 markets, reflecting the Institute’s growing contribution to professional capability development in both established and emerging markets.
BIBF’s work has also supported workforce development, executive and board capability, Shariah governance and institutional readiness, alongside specialised expertise in areas such as risk management, capital adequacy and Islamic money markets.
Commenting on the achievement, Dr Ahmed AlShaikh, Chief Executive Officer of BIBF, said: “This recognition reflects BIBF’s continued commitment to developing specialised talent and building the capabilities needed to support the growth of the Islamic finance sector. It also reinforces Bahrain’s position as a centre for knowledge, expertise and professional development in this field. We remain focused on preparing professionals and leaders who can respond to the sector’s evolving needs and contribute to its sustainable growth regionally and internationally.”
Dr Rizwan Malik, Head of the Islamic Finance Centre at BIBF, added: “We are committed to ensuring that our programmes remain closely aligned with industry needs, regulatory developments and the practical challenges faced by financial institutions. This recognition reflects the value of an industry-led approach to learning and the importance of developing professionals with the technical knowledge and practical understanding needed to apply Islamic finance principles effectively in the workplace.”
The latest recognition follows BIBF’s win in 2025 as "Best Islamic Finance Education Provider" at the Global Islamic Finance Awards, reflecting continued international recognition of the Institute’s contribution to specialised education and human capital development in Islamic finance.
BIBF continues to support the development of specialised talent and institutional readiness across the financial sector, contributing to the competitiveness of the Kingdom of Bahrain and its position within the global Islamic finance industry.
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