BisB Introduces Instant Pledge-Based Financing via “BisB Digital”

13-July-2025

Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, has launched its instant pledge-based financing service, now available through “BisB Digital” Application for smart phones. This latest addition allows customers to instantly apply for personal finance against their existing Tejoori Al Islami balances without visiting a branch or submitting any physical documentation.

The fully digital and paperless service is designed to deliver secure and real-time access to funds through a fast, automated process. Financing amounts are determined based on the value of the pledged deposits and remain fully compliant with Islamic banking principles. The solution is ideal for clients seeking hassle-free and Sharia-compliant funding, particularly those with existing deposit accounts looking for quick liquidity.

Mr. Faisal Al Abdulla, Chief Retail Banking Officer at BisB, stated, "This launch reflects our commitment to continuously evolving our digital offerings to better serve diverse financial needs. By introducing instant pledge-based financing via “BisB Digital” Application for smart phones, we are not only simplifying access to personal finance but also enhancing customer convenience. With instant finance against pledge, customers can access immediate liquidity through a seamless digital journey offering speed, convenience, and peace of mind without compromising on Sharia-compliant values."

BisB remains focused on delivering a seamless Islamic banking experience that combines speed, simplicity, and compliance. Interested customers are encouraged to download “BisB Digital App” today to explore the new pledge-based financing feature. 

For more information about our instant pledge-based financing service, please visit our website or social media accounts, or contact our call center at 17515151.