The BIIF already has a MoU with two renowned institutions in the UK, i.e. The Institute of Islamic Banking and Insurance (IIBI), London, UK and The Markfield Institute of Higher Education, Leicester, UK for accreditation of its courses and programs. The BIIF has partnership with IIUM Institute of Islamic Banking and Finance (IIiBF), Malaysia and International Institute of Islamic Thought (IIIT), USA.