About CIBAFI

Mission:

The mission of CIBAFI is to be the organizational umbrella representing Islamic Financial Institutions and acting towards the advancement of the Islamic Financial Services Industry by serving and protecting it in different spheres and activities, namely: Information, Media and Awareness, Research and Product Development, and Human Resources Development.

Objective:

1.Promotion of Islamic financial institutions, dissemination of concepts, rules and provisions related to them and development and promotion of Islamic financial industry, and to enhance it's existence regionally and globally.

2.Consolidation of co-operation among members of the Council and similar institutions in areas which serve the common objectives by using available means.

3.Providing information related to Islamic banks and financial institutions and related Islamic organizations.

4.Promotion of the interests of members, and to protect the industry and its safe march and confronting the common difficult- ties and challenges and promotion of co-operation among members themselves on the other hand and between members and other parties, particularly regulatory authorities.

5.To participate in the development of the Islamic financial services by encouraging research, development, product registra- tion, and to track the development of its laws and the procedures of its registration.

6.To participate in the development of human resources so as to be in a position to tackle international challenges and development opportunities.

7.To perform any duties that further the attainment of CIBAFI goals.