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Finocracy, Ernst & Young and Bahrain institute announce strategic partnership

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Finocracy, Ernst & Young and Bahrain institute of banking and finance announce strategic partnership 

Finocracy and The Bahrain Institute of Banking and Finance (BIBF) today announces a strategic collaboration to deliver world-class advisory and training services on the nexus between FinTech and Islamic Social Finance. Finocracy aims to develop the ecosystem through innovative initiatives that scale disruptive technologies and breakthrough financial products – in conjunction with BIBF, both parties will go to market with a comprehensive training service for key stakeholders that will go beyond theory and information.

The comprehensive partnership is designed to demystify technological innovations in the context of Islamic finance and to equip entrants into Islamic FinTech market with the essential background and knowledge to capitalise on the emerging opportunities. The training will highlight what opportunities in Islamic FinTech exist now and in the future, through a select range of proven technologies and real case studies.

“Our strong partnership with BIBF will allow us to deliver world-leading and the first-of-a-kind training on Islamic FinTech and Social Finance – and thus help us reach our vision in developing the ecosystem. We are glad to have on board BIBF as partners in delivering the content to key stakeholders of the Islamic Economy. We look forward to it.” said Mohammad Raafi Hossain, CEO of Finocracy.

Commenting on the collaboration, Director BIBF Dr Ahmed al-Shaikh said “The BIBF Islamic Finance Center is the oldest Islamic finance professional qualifications provider in the world and such global initiatives show BIBF’s commitment to the Islamic finance industry.” Head of the Islamic Finance Center Mujtaba Khalid added, “This partnership is in-line with our strategy to leverage off technology for facilitating the global Islamic finance industry.”

Zurich, Switzerland – Finocracy and The Bahrain Institute of Banking and Finance (BIBF) today announces a strategic collaboration to deliver world-class advisory and training services on the nexus between FinTech and Islamic Social Finance. Finocracy aims to develop the ecosystem through innovative initiatives that scale disruptive technologies and breakthrough financial products – in conjunction with BIBF, both parties will go to market with a comprehensive training service for key stakeholders that will go beyond theory and information.

The comprehensive partnership is designed to demystify technological innovations in the context of Islamic finance and to equip entrants into Islamic FinTech market with the essential background and knowledge to capitalise on the emerging opportunities. The training will highlight what opportunities in Islamic FinTech exist now and in the future, through a select range of proven technologies and real case studies.

“Our strong partnership with BIBF will allow us to deliver world-leading and the first-of-a-kind training on Islamic FinTech and Social Finance – and thus help us reach our vision in developing the ecosystem. We are glad to have on board BIBF as partners in delivering the content to key stakeholders of the Islamic Economy. We look forward to it.” said Mohammad Raafi Hossain, CEO of Finocracy.

Commenting on the collaboration, Director BIBF Dr Ahmed al-Shaikh said “The BIBF Islamic Finance Center is the oldest Islamic finance professional qualifications provider in the world and such global initiatives show BIBF’s commitment to the Islamic finance industry.” Head of the Islamic Finance Center Mujtaba Khalid added, “This partnership is in-line with our strategy to leverage off technology for facilitating the global Islamic finance industry.”

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