Bahrain's central bank has released a consultation paper to study possible changes to rules for sharia-compliant financing arrangements which the kingdom's Islamic banks can offer to accredited investors.
The move comes as part of a broader push to revamp Bahrain's efforts in Islamic finance, an industry it helped to pioneer, in the face of growing competition from other centres such as Dubai, London and Kuala Lumpur.
The proposed rules would allow Islamic banks to set up special financing contracts on a wakala basis, a common sharia-compliant agency agreement where the investor agrees to bear the full risk of default.
But in an apparent move to reduce risks and the possible impact on other Islamic instruments, Islamic banks would be required to segregate those funds from their ownbalance sheets by establishing special-purpose vehicles that would remain under the banks' control.
The consultation period for the proposed rules will close on April 20.
The central bank is also set to release a new regulatory framework for Islamic insurance, in an overhaul of standards which the regulator hopes will attract new business in the sector.
In December, the central bank formally combined existing rules for issuing and listing financial securities, including sukuk, in an effort to make the process more efficient. (Editing by Andrew Torchia)
Published on 24 Feb 2014
Mohammed, an undergraduate business student at Bath Spa, talks about his programme, his work as an international student rep, and living in Bath
- Standard YouTube Licence
Universities in Bahrain
This is a list of universities in Bahrain.
Public universities and higher education institutions
Private universities and higher education institutions
- Ahlia University
- AMA International University
- Applied Science University
- Arab Open University
- Bahrain Institute of Banking and Finance
- Bentley University (taught by professors from the home campus in Waltham, MA, USA)
- University of Wales, Bangor (2 years of study in Bahrain, final year in Bangor, Wales)
- Birla Institute of Technology International Centre
- Delmon University for Science & Technology
- Hull University, taught by flying faculty)
- DePaul University (taught by flying faculty)
- Gulf University
- New York Institute of Technology, Bahrain branch
- RCSI-Medical University of Bahrain
- Royal University for Women
- The Kingdom University
- University College of Bahrain
- Kent Business Foundation Courses in Bahrain(Link to Website) (One year in Bahrain at the financial harbour, then the remaining three at Kent University in the United Kingdoms)
- Talal Abu Ghazaleh University College of Business
In what specific ways is Bahrain Polytechnic successfully positioning Bahrain as a leading centre in both trade and tourism areas within the Gulf Cooperation Council and globally?
Bahrain Polytechnic was established by Royal Decree No. 65 in 2008 to support the emerging Labour Market needs resulting from the diversification and growth of the economy. In particular, the Polytechnic seeks to fill an identified gap in the Labour Market for Skilled Technicians and Applied Professional Graduates. As part of this mandate, Bahrain Polytechnic offers a Bachelor in International Logistics Management to support the growing international logistics hub in Bahrain.
In this programme students study transport, freight, security and international geography, which are all critical aspects of promoting trade. In addition, Polytechnic Bachelor of Business students study international trade as part of their economics and law courses. The School of Business is currently researching the possibility of offering a Business Tourism major and has identified a strong demand for cadetship provision for the Hotel Management and Hospitality sector. The Polytechnic’s Strategic International Relations Plan facilitates the integration of an international, intercultural, and global dimension into all Polytechnic activities, through teaching, research and service to society. It ensures that the international dimension remains central and linked to Bahrain’s Economic Vision 2030, which places importance on the Kingdom’s geographic location as the gateway to the Gulf.
The plan establishes strategies to internationalize the experience of our Bahraini students and faculty members and to ensure that international learners from both the Gulf region and further afield can access the high-quality and flexible education, training, research, and scholarship opportunities that Bahrain Polytechnic facilitates. To this end, a secondment to the role of International Coordinator has recently been made to support the activities of the Internationalization Committee as it seeks to realize these aspirations. As part of this initiative, a number of students have received international scholarships to New Zealand, the United Kingdom and America. Some staff have had the opportunity to present research findings at overseas conferences, and study education provision related to Problem Based Learning (PBL), a student centered delivery that facilitates work-ready graduates.
Study in Bahrain for an International Diploma in Hospitality
Manama, Sept. 28 --(BNA): Preparations are well underway at the Ministry of Education (MOE) to conduct the Trends in International Mathematics and Science Study (TIMSS) Examinations for primary and intermediate stage students to be held in April 2015.
The Undersecretary for Education and Curricula Affairs Dr. Abdullah Yusuf Al-Mutawa' chaired a meeting in his office at the Ministry premises and explored with the ad-hoc committee on international aptitude tests for mathematics and science teachers in order to train them under direct supervision of School Performance Partners and Educational Supervision Specialists and benefiting from the National Numeric Strategy and Curricula Scheme.
The Ministry said that "The Kingdom of Bahrain partook in this study in the years 2003 and 2007 with grade eight students. In 2011, grade four students participated besides eight graders. The Ministry's participation was aimed to benefit from simulation, external expert appraisal to gauge the performance of Bahraini students compared with peers in other countries regarding both course subjects as essential pillars of academic and cultural formation of students.
Published on 28 Oct 2013
2013 WISE Awards winner ALISON is transforming global online learning through its free interactive multimedia basic education and workplace skills training courses with certification. ALISON is a for-profit social enterprise and one of the world's most popular free learning websites providing over 500 courses to two million registered learners across every country.
Visit the website: http://alison.com/
SUBSCRIBE to get more videos from WISE: http://www.youtube.com/user/WISEQatar...
World Innovation Summit for Education (WISE) is an international, multi-sectoral and action-oriented platform for innovation in education that connects innovators, nurtures new ideas, and recognizes and supports successful initiatives that are helping revitalize education.
For more information about WISE: http://www.wise-qatar.org
Follow WISE on Twitter: http://twitter.com/WISE_Tweets
Like WISE on Facebook: http://www.facebook.com/wiseqatar
- Standard YouTube Licence
Published on 4 Jun 2013
[This video presented by Mike Greer, The Best Free Training website: http://www.bestfreetraining.net ]
This is a video tour of "Alison: A New World of Free Certified Learning." Alison is simply amazing! It provides 500 free courses, 60 million free lessons, over 4 million hours of study, as well as diplomas, certifications, teacher/supervisor tracking tools, and more.
From the website: "ALISON is the world's leading free online learning resource for basic and essential workplace skills. ALISON provides high-quality, engaging, interactive multimedia courseware for certification and standards-based learning.... The mission of ALISON is to enable anyone, anywhere, to educate themselves for free via interactive, self-paced multimedia. It is our belief that through ALISON, the cost of access to high-quality education can be removed....Through the ALISON learning platform we can assist people around the world in educating themselves, thereby creating a more equitable and sustainable global society."
(For more reviews of great free training and education resources, visit The Best Free Training website, http://www.bestfreetraining.net or watch the YouTube Tour here: http://youtu.be/QLche6io7Ew ) -- Or visit Mike Greer's WORTH SHARING at http://worth-sharing.net
- Standard YouTube Licence
Published on 30 Sep 2013
What IS e-learning anyway? How does it engage, teach, and enhance?
Check out the GIZ E-Academy on facebook at https://www.facebook.com/gc21eacademy
- Standard YouTube Licence
Published on 5 Feb 2013
Start the full free online course at:
All of ALISON's 500+ free online courses can be found at:
Starting a new course can be daunting as we can often doubt our ability and skills in learning. Fortunately, learning can be improved by the development of new personal study skills and practices. This free online course gives you the opportunity to understand how to learn effectively, teaches the fundamental skills necessary to improve your learning and performance and helps you to achieve both academic and personal success. The topics covered include key skills in learning, good academic practise and how to find information. You will also focus on developing your reading and thinking skills which are vital in any course of study. This course is ideal for preparing prospective students for life as a student and for life-long learners working in businesses and organisations.
- Standard YouTube Licence
Questions to Ask Before Joining an Online Learning Program Infographic
Online learning is massively popular.
- 21 million number of America’s postsecondary students
- 1/3 take at least one online course
- that’s 7.1 million students a year, with 769,000 taking their entire program online.
Questions To Ask Yourself Before Starting an Online Learning Program
- Are you a self-starter?
- Do you want to be able to take classes from wherever you are?
- Can you take the program you want online?
- Do you enjoy writing and participating in a discussion forum?
- Are you prepared to potentially pay more than you would for a traditional education?
- Does your career of choice require a degree?
- Do you want to be part of the changing landscape of higher education?