Bait Al-Mashura Finance Consultations has signed a cooperation agreement with the World Bank in order to strengthen the relations between the two institutions for carrying out the researches, exchanging scholarly visits and conducting lectures, as well as to cement the ties in the field of Islamic finance for the establishment of knowledge and research centers, provision of database for research and practice, which will be made available for the benefit of both the parties. The parties also agreed to extend invitations to the executive management of the company to deliver lectures and present papers at the workshops organized by the World Bank. The agreement happened on the sidelines of the visit of Washington based Mr. Abayomi A. Alawode, a practice manager and head of Islamic finance at the World Bank’s Financial Systems Global Practice, as a representative of the World Bank to the company.