Bahrain Bourse Rings the Bell for Financial Literacy

Sunday, October 6, 2019
Bahrain Bourse (BHB) hosted a bell ringing ceremony on Thursday, 3rd October 2019 as part of its participation in the World Investor Week initiated by IOSCO and the World Federation of Exchanges. Chief Executive Officer of Bahrain Bourse, Sh. Khalifa bin Ebrahim Al-Khalifa rang the market-opening bell in the presence of the Governor of the Central Bank of Bahrain H.E. Rasheed Mohammed Al-Maraj alongside 80 senior officials and executives from various stakeholders.

During the event, Chief Operating Officer of Bahrain Bourse, Narjes Jamal delivered a welcoming speech and highlighted Bahrain Bourse’s ongoing efforts to enhance financial literacy which forms an important pillar of the Bourse’s strategy.”

“Bahrain Bourse’s participation in this global initiative demonstrates our commitment towards enhancing financial literacy and investment awareness through various programs and initiatives that grew over the years,” commented Jamal.

This year marks the 22nd edition of the TradeQuest Program which targets high school and university students, and we currently have 20 participating schools and 6 universities taking part in the program. As for the Smart Investor Program, we recently launched the 2nd edition of the program in collaboration with INJAZ Bahrain, and reached out to 6,291 elementary students across 79 schools during its first year.  In addition, it’s been two years since Bahrain Bourse’s collaboration with the BIBF to offer various public courses as well as professional certifications related to the capital market under the Investment Academy, added Jamal.

On his part, Dr. Ahmed Al-Shaikh said, “We are pleased to be part of this key global initiative to further enhance financial literacy and investment awareness in the Kingdom of Bahrain. The BIBF will provide training solutions on capital markets and continue its programmes under the umbrella of BIBF’s Investment Academy.”
 
He also added, “The BIBF aspires to be in the forefront of imparting practical and useful knowledge to all participants, and the Investment Academy is an example of disseminating professional training opportunities on trading, investment, saving, foreign exchange and much more to those keen to learn about investing and saving, enabling them to fulfill their personal goals on wealth creation with the aim of enriching financial literacy in the Kingdom.”   
Bahrain Bourse has joined 30 other global exchanges to mark the occasion over a week of bell-ringing activities. The bell-ringing event, which is being held for the first time globally, aims to bring together all stakeholders involved in various awareness initiatives promoted by Bahrain Bourse to celebrate the progress achieved.
 
It is noteworthy that the “Ring the Bell for Financial Literacy” event is a global initiative by the IOSCO and the World Federation of Exchanges (WFE) to support the World Investor Week (WIW). WIW is a week-long, global campaign promoted by IOSCO to raise awareness about the importance of investor education and protection, and to highlight the various initiatives of securities regulators in these two critical areas.