HE Shaikh Ahmed bin Mohammed Al Khalifa, Auditor-General of the National Audit Office (NAO), stressed the valuable role Sharia Compliant Financial Institutions play in promoting global economic growth. They have proven to offer effective tools for financing development worldwide and their importance continues to grow.
This came during a meeting with Mr. Ahmed A.Rahim, Chief Executive Officer (CEO) at Ithmaar Bank, and Mr. Abdulhakeem Al-Mutawa, Deputy CEO-Banking Group and Mrs. Fayza Hasan, Head of Business Development at the Bank. During their meeting, they further reviewed the latest developments in the global economy and global banking brought about by continuing technological advancements and discussed associated risks and the enhanced need for data protection and security.