Da Afghanistan Bank strengthens Islamic banking through new training initiatives
Officials at Da Afghanistan Bank (Central Bank) say the Afghanistan Institute of Banking and Finance represents an important step toward professionalizing the country’s banking sector and strengthening financial decision-making.
Hasibullah Noori, spokesperson for the central bank, said broad programs have been launched to expand Islamic banking services across Afghanistan, with several institutions already operating in the sector.
According to Noori, parts of the country’s banking activities have already been aligned with Islamic banking principles, while additional training programs are underway to strengthen the capacity of banking staff and support the further expansion of Islamic banking services.
Mustafa Safi, head of the Afghanistan Institute of Banking and Finance, which operates under the supervision of the central bank, said the institute has introduced extensive human resource training and capacity-building programs aimed at developing Islamic banking services in Afghanistan.
Economic analysts have welcomed the initiative, saying the gradual expansion of Islamic banking could improve transparency in the financial system and help increase public trust in banks.
Officials said more than 1,200 central bank employees have already benefited from the institute’s training programs, while additional courses are planned for students at public and private universities.
The Afghanistan Institute of Banking and Finance officially began operations in 1403 under the supervision of Da Afghanistan Bank.
