Business
PRESSR: Gulf Bank signs partnership agreement with the Institute of Banking Studies
PRESSR: Gulf Bank signs partnership agreement with the Institute of Banking Studies
About this update from Gulf Bank K.s.c.
Bader Al-Ali: The partnership marks a significant milestone in Gulf Bank’s transition to Islamic banking.Nada Razzouqi: We are pleased to partner with the Institute of Banking Studies to achieve this important milestone.Rana Al-Nibari: We are committed to delivering specialized training programs tailored to Gulf Bank’s needs during this critical stage.Following the preliminary approval granted by the Central Bank of Kuwait, Gulf Bank has announced the signing of a strategic partnership with the Institute of Banking Studies (IBS) to provide specialized training programs, reinforcing the Bank’s ongoing efforts to transition into a Sharia-compliant institution.The agreement was formally signed by Mr. Bader Al-Ali, General Manager of Consumer Banking at Gulf Bank, and Mrs. Rana Al-Nibari, Director General of the Institute of Banking Studies. The signing took place in the presence of senior representatives from both institutions, underscoring the importance of this strategic collaboration. From Gulf Bank, Mr. Hamed Al-Tamimi, Assistant General Manager of Human Resources, attended the ceremony and reaffirmed the Bank’s commitment to investing in the development of its human capital. Representing the Institute of Banking Studies, the event was also attended by Eng. Suha Isaac Ameen, Head of Training Department and Acting Head of the Academic Certificates and Scholarships Department , and Mr. Bassam Alshamali, Head of Operations Department and Acting Head of Business Development and Quality Control, both of whom highlighted the Institute’s role in delivering specialized training programs that meet the evolving needs of the banking sector.The partnership aims to implement a comprehensive training program designed to equip Gulf Bank employees with a strong foundation in the principles of Islamic banking, with particular emphasis on the key distinctions between conventional and Sharia-compliant banking services.Following the signing, Mr. Bader Al-Ali stated: “Our collaboration with the Institute of Banking Studies represents a significant milestone in Gulf Bank’s transition toward Islamic banking. This partnership underscores our commitment to equipping our employees with the knowledge and capabilities necessary to excel in a fully integrated, Sharia-compliant financial environment.”He further emphasized the Bank’s unwavering commitment to developing its human capit...