BIBF conducted the Kingdom’s first training course focusing entirely on concepts, strategies and instruments used for hedging risks in Islamic Finance earlier this week.
The two-day course was delivered by Dr. Sami Ebrahim Al-Suwailem, Head of Financial Product Development Center at Islamic Development Bank (IDB) in Jeddah, Saudi Arabia. Speaking from the perspective of both practitioner and Shariah scholar, Dr. Al- Suwailem gave real-life examples of hedging products developed by the IDB.
The course is designed for those keen to gain an in-depth understanding of hedging in Islamic banking relative to a multitude of Islamic finance contracts and products. Attendees included risk management and product development professionals, mid and top level management, credit officers and investment analysts.
BIBF Director Ms. Solveig Nicklos commented, “As Islamic Finance evolves, increasingly sophisticated techniques are required to structure products and manage risk. BIBF will continue to serve the market through thought leadership in partnership with leading subject matter experts.”
For further information please contact:
Hisham Abu Alfateh
Marketing and Communications Manager
Tel: +973 1781 6331