“Bahrain Islamic” receives the “Best Islamic Bank in Bahrain” award

The Islamic Bank of Bahrain (BISB), the pioneering bank in providing innovative and simplified Islamic banking solutions in the Kingdom of Bahrain, won the “Best Islamic Bank – Bahrain” award at the Islamic Finance News Journal Awards (IFN) awards. This came in appreciation of the bank’s adoption of the digital transformation that aims to enrich the banking customers ’experience, in line with the goals of national economic development, as well as its sustainable contributions in the financial, social and environmental fields.

On this occasion, Mrs. Fatima Al -Alawi, CEO of Bahrain Islamic Bank, said: “This prestigious estimate comes from the Islamic Finance News Magazine to reflect the strength of our advanced institutional strategy, and the established values ​​on which our business is based. For business, empowering women, supporting young people, or investing in sustainability, all our initiatives start from a deeper goal that exceeds profitability in its content.

Among the most prominent achievements of the Islamic Bank of Bahrain in the last period is the expansion of the digital registration platform for companies, to enable the owners of individual institutions and holders of the virtual commercial registry “Sagli”, to open an account in less than five minutes. In order to facilitate procedures for companies and small and medium enterprises across the Kingdom, the platform was linked to the Ministry of Industry and Trade system directly.

The Islamic Bank of Bahrain also strengthened its regional presence by enabling the citizens of the Gulf Cooperation Council countries to open accounts from the use of banking services through the application of smartphones, which allows them to benefit from a bouquet of Islamic financial products such as savings and investment accounts, in addition to applying for discount cards and prepaid cards, without the need to visit the branch.

In addition to the digital and societal initiatives of the Islamic Bank of Bahrain, a comprehensive group of financing solutions compatible with the provisions of Islamic Sharia, including: individuals, cars, real estate, real estate, specifically designed to meet the needs of citizens, residents, retirees and others, reflects the bank’s commitment to providing reliable financial services that suit different groups of society.

As the Kingdom of Bahrain has been presented towards achieving the 2030 economic vision, the Islamic Bank of Bahrain continues to perform its pivotal role to formulate a better future for all by building a comprehensive and flexible financial system, based on innovation, values ​​and societal influence.