JIB Organizes a Training Program for AlBaraka Banks

Jordan Islamic Bank ( JIB ) has organized a training program titled “ Towards Stronger Sharia Compliance & Governance in AlBaraka Banks “ by a participation of Sharia auditors and supervisors in AlBaraka Banking Group ( Bahrain )  in Land Mark Hotel during the period 16th -18th  August 2016.However, JIB is considered one of the biggest units of AlBaraka Banking Group. On behalf of Mr. Musa Shihadeh, CEO , General Manager of JIB, Dr. Hussein Said, Deputy General Manager delivered a welcoming remark in which he commended AlBaraka Banking Group for choosing JIB to host this training program which covers all aspects  towards stronger Sharia compliance & governance through identifying the tools of Sharia internal audit in the fields, preparing the plan and Sharia audit reports and studying the instructions of corporate governance of the Islamic banks in Jordan related to internal Sharia audit. He confirmed as well the bank’s permanent preparation to host such meetings which contribute to support Islamic banking and the operations of ABG units, making the experience of JIB obtainable  for everyone to take advantage of it.  The program covered JIB ‘s experience in applying Sharia compliance and governance and included topics regarding the technical and procedural foundations of Sharia internal audit, description of the functions, roles and Sharia audit structure, preparation of the audit plan and other topics in addition to organizing a field visit to the branches  and head office of the bank. However, the speakers of the program were Dr. Mohammad Jabari, Head of Sharia Audit Department , Dr. Ali Abul Ezz, Head of Sharia Internal Audit Department & Secretary to the Board, Dr AbdelHamid Abu Saqri, Head of Financial Control Department.