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 difficul- 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.

About IRTI

The Islamic Research and Training Institute (IRTI) was established in 1401 H (1981 G) to undertake research and provide train-ing and information services in the member countries of the Islamic Development Bank and Muslim communities in non-mem- ber countries to help bring their economic, financial and banking activities into conformity with Shari'ah and to further econom- ic development and cooperation amongst them.

Current Structure:

IRTI is presently composed of four Divisions and three support units. These are: Islamic Economics, Cooperation and Development Division (IECD), Islamic Banking and Finance Division (IBFD), Training Division (TD) and Information Centre (IRTIC).The two Research Divisions conduct in-house research and manage external Research in their respective areas. The Training Division manages training programs for the personnel engaged in development activities in member countries as well as for those working in the Islamic banking and financial institutions. The Information Centre is responsible for developing infor- mation systems in the areas assigned to IRTI.
The two supportive units are: Special Assignments Unit (SAU) and the Administrative Services Unit. The Special Assignments Unit implements a number of professional programs run by the Institute, while Administrative Services Unit looks after the administrative requirements of various technical divisions. The Publications Unit is responsible for the publication and dissemination of its research output.