Friday 17 September 2021

Shaikh Khalifa bin Ebrahim Al-Khalifa

Bahrain bourse, Injaz launch national challenge

MANAMA, July 28, 2021

Bahrain Bourse, a self-regulated multi-asset marketplace, will be launching a national challenge in collaboration with Injaz Bahrain for Smart Investor Programme participants. 
The challenge will inspire a competitive spirit, and support the kingdom’s youth to gain a better understanding of the programme’s concepts along with engaging key partners and stakeholders.
Since its inception, the programme has been carried out for 3 consecutive academic years. The programme will commence in October, and continue until the challenge in April next year. The challenge is open to 4th grade elementary students that are enrolled in the Smart Investor Programme and have completed all 7 sessions.
Shaikh Khalifa bin Ebrahim Al-Khalifa, CEO of Bahrain Bourse commented: “Since the launch of the programme, we have achieved a key milestone of engaging up to 15,000 students. The challenge is another element to encourage younger target students to engage and actively participate to apply their accumulated knowledge and skills to real-life situations involving financial issues and decisions.
“These initiatives were launched to complement Bahrain Bourse’s awareness programmes to further equip the youth with key financial knowledge and enhance financial inclusivity. Bahrain Bourse in collaboration with IOSCO & WFE has been hosting Ring the Bell for Financial Literacy event and ‘World Investor Week’ as part of a global awareness campaign to highlight the importance of financial education, of which Smart Investor is one of our core programmes targeting the youth. 
“Financial education is needed at various levels: basic financial education, investor education, and thereby resulting in more informed investment decisions. These programmes are crucial especially to tackle and address a more complex world. To increase financial literacy among the youth falls in line with the Kingdom’s 2030 vision to better shape our society,” Shaikh Khalifa added.
Hana Sarwani, the Executive Director at Injaz Bahrain commented: “Promoting Financial Literacy through Injaz programmes is one of Injaz Bahrain's core pillars where we focus on enhancing the money management, financial planning and investment awareness knowledge. It is through interactive education and practical sessions and workshops that we advance the skills of youth for them to be market ready. We are pleased that we will be taking the Smart Investor programme to the next level by introducing a National Challenge for us to maximise student engagement and provide students with further opportunities to compete and showcase their knowledge to stakeholders and partners."
The Smart Investor programme is a national awareness programme that was launched in 2018 in collaboration with Injaz Bahrain. The programme equips young students with basic concepts related to money management, savings and smart financial planning through interactive edutainment activities in order to assist them in making sound financial decisions. 
The Smart Investor programme for the academic year 2020-2021 was conducted virtually with the participation of around 5,000 students. The strategic partner for the 2020-2021 programme was the Labour Fund (Tamkeen), and silver sponsor was Bank ABC.
The programme reflects Bahrain Bourse’s strategic efforts to enhance investment awareness providing a combination of financial awareness, knowledge, skills, attitude and behaviors necessary to make sound financial decisions and ultimately achieve financial well-being across various age groups within Bahrain.  
Students will need to be enrolled in the Smart Investor Programme with all 7 sessions completed to be eligible for the challenge. The filtration process will take place through a test upon completion of the programme, and the top 30 scoring students will be qualified to compete across schools. For entry submissions, video format presentations will be requested from students to have them present their opinions on statements related to the programme’s objectives.-- TradeArabia News Service


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