Arab Academy Explores Cooperation with CIBAFI to Support Islamic Banking Training in Yemen

The Arab Academy for Management, Banking, and Financial Sciences – Yemen Branch discussed areas of joint cooperation with the Council for Islamic Banks and Financial Institutions (CIBAFI) in professional training, capacity building, and the accreditation of specialized professional certifications.

The discussion took place during an official meeting held via video conference on Wednesday, May 20, 2026, attended by Prof. Dr. Murad Mohammed Al-Nashmi, Director of the Arab Academy Branch, along with a number of officials from both sides.

The meeting discussed mechanisms for accrediting professional certifications issued by CIBAFI within the programs of the Academy’s Training Institute, contributing to the development of Islamic banking and finance training in Yemen and enhancing the capabilities of professionals working in banks and financial institutions.

Ms. Zainab Al-Owainati, Director of Financial and Administrative Affairs at CIBAFI, presented an overview of the Council’s key professional programs and certifications in Islamic banking, Sharia auditing, risk management, governance and compliance, Takaful insurance, Islamic banking accounting, and other related fields.

The meeting also addressed CIBAFI’s efforts to support Islamic financial institutions and develop professional capabilities, as well as opportunities to expand cooperation between the two sides in training and professional development in line with modern standards in the Islamic financial industry.

Dr. Murad Al-Nashmi expressed the Academy’s interest in building a strategic partnership with CIBAFI, enabling the delivery and accreditation of professional certifications through the Academy’s Institute of Administrative, Financial and Banking Training in Yemen, while providing high-quality training opportunities for professionals and those interested in Islamic banking and finance.

The meeting comes as part of the Academy’s efforts to expand its regional and international partnerships and develop specialized professional programs that support capacity building and contribute to the development of Yemen’s financial and banking sector.