8^th October 2024, Manama, Kingdom of Bahrain | The General Council for Islamic Banks and Financial Institutions (CIBAFI) successfully organised a public lecture titled "Islamic Finance in a Changing Landscape: The Role of Corporate Governance and Ethical Practices", in collaboration with the University of Bahrain. The lecture attracted over 500 students, underscoring the growing interest in corporate governance within the Islamic finance sector.

Dr. Abdelilah Belatik, Secretary General of CIBAFI, delivered the lecture, emphasising the critical role of corporate governance in ensuring the resilience, transparency, and ethical operations of Islamic banks and financial institutions. He highlighted significant improvements in governance frameworks within Islamic banks while addressing the emerging challenges posed by digital banking, evolving regulations, and risks associated with disruptive events.

The lecture concluded with an engaging question-and-answer session, providing students with the opportunity to interact directly with Dr. Belatik. CIBAFI and the University of Bahrain are set to continue their collaboration, with plans for another public lecture next month focusing on Fintech and AI.

Commenting on the public lecture, Dr. Belatik expressed his appreciation, stating: “We extend our heartfelt gratitude to the University of Bahrain for hosting this initiative. This collaboration is vital for empowering the next generation of professionals in the Islamic finance sector. As we move forward, we are committed to nurturing this partnership, exploring diverse areas of collaboration, and expanding our training opportunities.”

CIBAFI remains dedicated to promoting the development of competencies and skills among university students, equipping them with the essential tools for professional advancement.