In June, BDO Jordan-Islamic Financial Advisory Services (IFAS) signed a Memorandum of Understanding (MOU) with The General Council for Islamic Banks and Financial Institutions (CIBAFI) in Bahrain. The MOU establishes a framework for cooperation between the two organizations in the areas of Research and Financial Analysis as well as Islamic Financial Advisory Services, where each organization will capitalise on its competencies and strengths to advance and expand the Islamic Financial Industry.
Dr. Ezzedine Khoja, Secretary General CIBAFI and Mr. Mohammad Al-Nobani Managing Partner BDO Jordan signed the MOU representing their respective organizations.
Mr. Jawad Habib, BDO Senior Regional Partner Middle East, Mr. Ahmed Fakih, Director Centre for Information and Financial Analysis CIBAFI, and Mr. Husam Sha’ath, Partner BDO Jordan-IFAS attended the signing event.
CIBAFI is Islamic Financial Industry’s Trade Organization working with its members to strengthen and expand the Industry. CIBAFI issues and manages the Certified Islamic Banker (CIB) certification, Manages the Certified Islamic Banker (CIB) Certificate, licenses Training Institutes, individual trainers, and training curricula. It also conducts training courses.
BDO International is the fifth largest accounting and consulting organization in the world, with a worldwide network of over 1,138 offices in 110 countries. BDO Jordan, a member firm of BDO International, established its Islamic Financial Advisory Services to serve as a capacity builder & solution provider for the Islamic Financial Services Industry through developing a deep understanding of the underlying Sharia principles, advocated by a competent & committed professional team, capitalizing on the BDO global network, under the leadership of Dr. Khawla Fareez Al-Nobani.