About CIBAFI


CIBAFI is an international non-profit organisation founded in 2001 by the Islamic Development Bank (IDB) and a number of leading Islamic financial institutions. CIBAFI is affiliated with the Organisation of Islamic Cooperation (OIC).

With over 130 members from more than 34 jurisdictions all around the world, CIBAFI is recognised as a key piece in the international architecture of Islamic finance.

Its mission is to support the IFSI by providing specific activities and initiatives, aiming to strengthening the growth of the industry, deepening Shariah objectives in financial dealings and transactions, and facilitate cooperation between members and institutions of common interest.

CIBAFI is guided by its Strategic Objectives, which are: 1) Advocacy of Islamic Finance Values and Related Policies & Regulations; 2) Research and Innovation; and 3) Training and Professional Empowerment.

THE AMIREE DECREE


cibafi by law


Articles of Association

By approving the Headquarters Agreement, Decree No (23) for the year 2002

Between the Kingdom of Bahrain And the General Council For Islamic Banks And Financial Institutions

WE, Salman Bin Hamad Bin Eissa Al Khalifa Amir of the State of Bahrain by delegation

After reviewing the constitution

And the Amiree Decree No (30) for the year 2001

And after the headquarters agreement signed between the state of Bahrain and the General Council For Islamic Banks And Financial Institutions, and based on the offer of the finance and economy minister, and after approval of the ministerial council 

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ARTICLE 1

Pursuant to the headquarters agreement between the state of bahrain and the General Council For Islamic Banks And Financial Institutions signed in Manama on Saturday 31 March 2001 annexed to this decree . 

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ARTICLE 2

All ministers, each according to his respective capacity, make sure this decree is implemented and effective since its publication in the official journal. 

Amir of the State of Bahrain by delegation

Issued in Rifaa Palace

Date: 18 Safar 1422 H

Corresponding to: 12 May 2001  

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