History

History

Bahrain Islamic Bank (BisB) was established in 1979 as the first Islamic commercial bank in the Kingdom of Bahrain, The authorized capital is BD 100 million and paid up capital is BD 93.967 million.

Since its inception, BisB has recorded a steady growth. At the end of 2013,the shareholders’ funds reached nearly BD 78 million Bahraini Dinars, with assets in excess of BD 910 million.

In 2007 The Bank had launched its new identity with the core objective of radiating its new and fresh mandate of exceeding expectations, both from an inspirational and a functional perspective. The Bank has been maintaining its leading position in the Islamic banking sector through adopting innovative Islamic investment and financing products, supported by superior retail and corporate banking services. The Bank is listed on the Bahrain Stock Exchange. The major shareholders are leading local and regional financial institutions. The Bank operates under supervision and the regulatory framework of the Central Bank of Bahrain.

The Bank, with 7 local branches & 4 new Financial Malls, has established the largest network among Islamic banks in the Kingdom. These branches offer quality banking services, financing and investment opportunities compliant with Sharia’a requirement for individual and corporate customers.