General Council for Islamic Banks and Financial Institutions CIBAFI February 6 th 2012

I am really pleased to be invited to such an event to introduce CIBAFI and its centers and give an overview of its activities: - Introduction to the General Council - CIBAFI Centers and Services: Information Center International Islamic finance Training Center Media and Event management Center - Special Programs

The General Council is one of the 4 “I`s” International Islamic Infrastructure Institutions. It was established pursuant to a Royal Decree No. 23 issued on May 16, It is an affiliated organ to the Organization of Islamic Cooperation OIC. The General Council is the official umbrella for all Islamic financial institutions that comply their services and products with Islamic Shari'a and principles.The aim of the General Council is to develop the Islamic financial industry and protect it in various fields such as training and human resources development, information and financial analysis, consultancy and awareness.

General Secretariat CIBAFI Executive Committee Board Of Directors General Assembly Members are Islamic Banks And Financial Institutions

-Yearly Islamic Finance Global directory and GCC Directory -Periodic financial Reports -Event organization such as The Islamic Finance Maghreb Forum IFMF, The IFSD Forum… -Training And Development Programs that include various types of professional program s in Islamic Finance: Islamic Accounting, Capital Market, Risk Management, Governance and Compliance, Shari'a Auditing, Trade Finance and Corporate Finance. In addition to the Advanced professional Diploma in Shari'a Auditing and the Advanced professional Diploma in Islamic Finance and the Mini master program in Islamic finance. -Consultancy Services.

The Centre of information and financial analysis works on the basis of the financial statements for nearly 400 banks and Islamic financial institutions. It has a database of the most comprehensive information in the Islamic finance industry. This database is updated each year through access to financial and administrative information for each institution that is entered in a special software for each financial statement. On the basis of this database, the General Council issues an annual global and GCC directory containing the latest financial and administrative information for banks and Islamic Financial Institutions and Takaful companies. The information includes : - Management information, number of branches, number of workers and staff, BOD and the most important executive positions and Shari’a Boards. - Financial information for each institution such as the size of assets, capital, net profit and types of financing and other financial ratios and highlights for the last three years. - An overview on the economic and financial system of each country, central banks and other international institutions such as IMF.

The center Aims at improving the capabilities of the staff of Islamic banking system, as well as all those who wish to enter the Islamic financial services industry in various countries around the world, by providing them with foundations and professional skills of sound information in their work and enabling them to know about Shari’a principles, knowledge of rules governing various banking applications. The first program launched by CIBAFI was the CIB Certified Islamic Banker Program, which is the basic certificate needed by every employee in the Islamic banking sector, wishing to join the Islamic Finance Industry.

-Certified Islamic Banker (English / Arabic /French) CIB -Certified Executive Islamic Banker CIEB -Certified Islamic Specialist In Capital Market CISCAM -Certified Islamic Specialist In Takaful CISTI -Certified Islamic Specialist In Trade Finance CISTRAF -Certified Islamic Specialist In Accounting CISAC -Certified Islamic Specialist In Shari’a Auditing CISSA -Certified Islamic Specialist In Governance and Compliance CISGAC -The Professional Advanced Diploma in Islamic finance PADIF -The Professional Advanced Diploma in Shari’a Auditing PADSA -The Mini Master in Islamic financeMMIF -Trainer Accreditation ProgramTOT

Thank you