The Islamic Bank of Bahrain launches immediate financing service for deposits and argument accounts

Bahrain Islamic Bank (BISB), the pioneering bank in providing innovative and simplified Islamic banking services in the Kingdom of Bahrain, launched an immediate mortgage financing service, within the banking services through the “Islamic Digital” application for smartphones. This new service allows customers to apply for personal financing in exchange for their assets in the “Islamic Dhurai” accounts, without the need to visit the branch or provide any paper documents.

This service provides a full “paper” digital experience, which ensures immediate access to funds through an automated, fast and safe process, and funds are determined in it based on the value of mortgaged deposits, while maintaining their complete compatibility with the principles of Islamic banking. This service is an ideal choice for customers looking for facilitated financing solutions that are compatible with the provisions of Islamic Sharia, especially for the owners of Islamic arguments who wish to obtain immediate liquidity sources.

In this regard, Mr. Faisal Al -Abdullah, CEO of Banking Services for Individuals at the Islamic Bank of Bahrain, stated: “Our inauguration of this banking service reflects our commitment to developing digital services to keep pace with various financial needs. By providing immediate financing on the mortgage, and making it available within the banking services through the“ Islamic Digital ”application for smart phones, we go beyond our aims to facilitate access For personal financing, we include ensuring the convenience of our valued customers. As this step confirms our continuous efforts in the field of leadership in the field of Islamic banking services, which we constantly seek to achieve by providing simplified, safe digital services that are fully compatible with the provisions of Islamic Sharia.

The Islamic Bank of Bahrain continues its focus on providing a smooth Islamic banking experience that combines speed, simplicity and commitment. And invites all interested customers to download the “Islamic Digital App” for smartphones, to see the advantages of immediate mortgage financing.

For more information about the immediate mortgage -based financing service, please visit our website or our accounts via social media channels, or to call through the call center on 17515151.