BisB Named Best Islamic Bank in Bahrain by Islamic Finance News

02-July-2025

Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, has been named ‘Best Islamic Bank – Bahrain’ by Islamic Finance News (IFN). The award recognises the Bank’s focus on embracing digital transformation to enhance the customer banking experience, its alignment with national economic goals, and its ongoing impact across the financial, social, and environmental spectrum.

Ms. Fatema AlAlawi, Chief Executive Officer of BisB, stated: “This prestigious recognition from Islamic Finance News reaffirms the strength of our progressive organisational strategy and the principles that define our institution. We believe that banking should be a force for good that drives innovation, enables inclusion, and delivers value with integrity. Whether by innovating to simplify business banking, empowering women, nurturing youth or investing in sustainability, every initiative we undertake is underpinned by a purpose beyond profit. I extend my gratitude to our customers, partners, and employees who continue to make this journey possible.”

Among the Bank’s most significant achievements over last period was the expansion of its Corporate Digital Onboarding platform, enabling sole proprietorships and ‘Sijili’ CR holders to open accounts in under five minutes. Integrated directly with the Ministry of Industry and Commerce (MOIC), the system has improved the ease of doing business for SMEs across Bahrain.

BisB also enhanced its regional reach by allowing GCC nationals to open accounts remotely via the BisB Mobile App. The feature enables customers across GCC countries to access a range of Islamic financial products, including savings and investment accounts, as well as apply for debit and prepaid cards without visiting a branch.

Complementing its digital and community initiatives is BisB’s expansive range of accessible financial solutions including personal, auto and property financing options. Designed to meet the needs of Bahrainis, non-Bahrainis, retirees and other customer segments, these Sharia’a compliant offerings reflect the Bank’s commitment to providing ethical financial services that empower a wide spectrum of communities.

As Bahrain moves steadily towards its Vision 2030 ambitions, BisB remains committed to playing a pivotal role in building an inclusive and resilient financial ecosystem  one where technology, values, and social impact converge to shape a better future.