The Bahrain Financial Exchange (BFX) is a pioneering international financial exchange based in the Kingdom of Bahrain and internationally accessible to trade cash, derivatives, structured products and Shariah-compliant financial instruments. The BFX has set up the BFX Clearing and Depository Corporation (BCDC) to clear and settle the financial instruments traded by the members of the BFX. The BFX and the BCDC are licensed and regulated by the Central Bank of Bahrain (CBB).
The BFX is committed to operate a robust, cost-efficient, multi-asset class exchange that is well regulated and transparent. Access through its electronic trading platform and the BFX plug and trade trading floor allows market participants to utilise the Exchange to raise capital, manage risk and enable investment in a secure environment with central counterparty clearing, settlement and depository corporation guaranteeing the transactions between the counterparties.
The Exchange is a wholly owned initiative of Financial Technologies Group (FT Group), which currently owns one of the world's largest networks of 9 exchanges connecting fast‐growing economies of Africa, Middle East, India and South East Asia.
Bait Al Bursa is an Islamic finance division of the BFX, exclusively offering electronic exchange traded Islamic financial instruments. Bait Al Bursa signifies the 'Home of Exchanges', and represents the BFX's vision of providing a single venue for all the exchange traded business in the Islamic finance sector. Bait Al Bursa is dedicated to bringing new and innovative solutions that meet the demand of today's Islamic finance market. e-Tayseer, the first of Bait Al Bursa's products, is a fully automated platform for transactions in the supply, purchase and sale of assets for facilitating Murabaha transactions.
Complementing the BFX's offerings, the BFX Training Institute (BFX-TI) is an internationally accredited training institute operating under the BFX and providing world class conventional and Islamic financial training and development courses. The BFX-TI qualifications are fully accredited by the Chartered Institute for Securities & Investments (CISI), Financial Technologies Knowledge Management Company, the Institute of Credit Management (FTKMC), the Institute of Leadership & Management (ILM), The Institute of Credit Management (ICM), the Institute of Internal Auditors (IIA) and the Association of Financial Professionals (AFP).
The BFX is a member of the International Islamic Financial Market (IIFM) and the Bahrain Association of Banks (BAB).