BisB Policy Statements

Employee Training and Development

The Bank recognizes the importance of having a skilled workforce to achieve strategic and operational plans and is committed to providing an environment that is a conducive to effective performance and promotes training and development opportunities for all employees.

The main purpose is to ensure having the required competencies in place to meet the performance and quality standards of functions, Line Managers are responsible to propose learning objectives and plans of their subordinates to develop their set of skills through training courses and external learning exposure.

Equal Opportunity

The Bank believes in equality and fairness when it comes to its Talent Acquisition policy. The criteria of the selection process will not be biased towards a certain gender, age, disability, marital status or any other elements falling outside the scope of the Bank’s business and operational needs or requirements of the law.

In addition, the Bank fully supports the employment of qualified persons with disabilities as required by law. Accordingly, the Bank does not discriminate against the employment of persons for any job which they can competently perform.

Diversity and Inclusion

Diversity and Inclusion is a pillar within the Bank’s Human Resources and Talent Management Policy. It is set in place in order to embrace the differences between people in various forms including gender, age, religion, disabilities, personality, ethnicity, skill set, experience, knowledge base, and background.

Nationalization

In line with Bahrain’s 2030 vision to reduce the unemployment rate in the country, BisB’s recruitment is aligned with prioritizing employment opportunities to Bahraini candidates if found suitable to meet the Bank’s business and operational needs.

Health & Safety Policy Disclosure

BisB is committed to the Health & Safety, and wellbeing of its employees, customers, visitors, contractors and tenants. The Bank aims to provide a safe and secure working environment by embedding Health & Safety practices into our daily operations and ensure alignment to the Bank’s Code of Conduct.

Health & Safety policy is implemented in line with the local laws and regulations, and recognizes international best practices as well as international guidelines issued by World Health Organisation (WHO). The policy describes appropriate standards to ensure Health & Safety risks are controlled within risk tolerance across our workplace. We have also established Health & Safety framework addressing areas related to risk assessments and risk mitigation in order to prevent accidents and protect BisB’s staff and assets.

It is the responsibility of all staff to assist the BisB with implementing and maintaining these deployed practices and take ownership in reporting any unsafe practice witnessed across the premises.

 we are committed to the continuous improvement of Health & Safety performance and increase staff awareness by periodically conducting Health & Safety and Security trainings that are reconciled with HR records.

Human Rights Policy

We are committed to fully respect human rights and comply with all requirements within the national and international bills, laws, and treaties.

Our Human Rights policy encourages us to continuously develop a supportive organizational culture that respects the employees’ freewill. Through creating awareness and workplace grievances that encourage open and honest communication amongst all employees.

We at BisB are committed towards valuing our employees. This is demonstrated by encouraging their opinions, providing them with fair employment practices, and by maintaining diversity. As well as complying with the Kingdom of Bahrain’s laws, CBB’s guidance, and our intolerance of any form of forced or child labour.

Our commitment goes beyond maintaining a healthy work environment that is free from violence and unsafe acts that could jeopardize our employees.

Youth Employment Support Policy Statement

BisB is committed to developing, training and providing potential employment opportunities to the youth, in line with local and International Labour Standards.

Our Policy is aimed towards establishing and building the ideal practical skills needed to support the youth segment in increasing their job opportunities.

Annually, the Bank promises to accommodate graduates to join the Bank’s rigorous internship programmes, which offers both on the job and formal training.

These programmes provide educational and behavioural courses throughout its duration, and experience to equip the youth with the necessary qualities to help in advancing their careers.

Community Initiatives and promotion of social and economic development (Corporate Comms)

BisB’s commitment to its social responsibility is evident through an established Donations Policy that covers Education, healthcare and Social Welfare. BisB has always been and will continue to be committed to allocate 5% of its annual net profits to the support of various programs and initiatives that fall under the 7 Donations and Contributions pillars.

Supplier code of conduct

At Bahrain Islamic Bank (BisB).  We continuously drive sustainability in products and solutions, combining economic success, social responsibility and environmental protection in our business operations and thereby enable our customers to meet current and future needs of society. Ensuring the principles of sustainable development in our supply chain is important to us. We want to partner with our suppliers to further develop their sustainability performance in our supply chain. We expect our suppliers to fully comply with applicable laws and to adhere to internationally recognized suppliers to use their best efforts to implement these standards with their suppliers and subcontractors.

Environmental Policy Disclosure

As a leading financial institution, Bahrain Islamic Bank (BisB) seeks to manage its environmental impact, risks and opportunities to protect the environment in which it operates. To provide such assurance, BisB implementing an Environmental Management System (EMS) in line with the accredited ISO14001:2015 International Standard.

The Environmental Policy sets the foundation of Environmental Management framework and governs main environmental activities that is appropriate to the Bank. It also improves banks’ environmental performance and showcases its commitment to protect the environment and reduces our footprint.

At BisB, we are committed to managing our direct environmental impacts through:

• Meeting our environmental objectives and targets by monitoring, reporting and taking appropriate actions to reduce energy consumption (power & water), greenhouse gas emissions as well as paper consumption and waste;
• Investing in energy efficient technologies;
• Managing our business operations to prevent pollution;
• Managing waste generated from our business operations according to the principles of reducing, re-using and recycling – where cost efficient; and
• Giving due consideration to environmental issues and energy performance in the acquisition, design, refurbishment, location and use of buildings.
• We aim to work with our suppliers to positively influence their environmental performance by:
• Considering environmental criteria while procuring goods and services;
• Focusing on material outsourcing and high-risk suppliers where we regularly monitor their environmental performance and address environmental issues, risks and opportunities where applicable;
• Increasing suppliers’ awareness on environmental, social and ethical issues as well as risks and opportunities that are relevant to their operations and products; and
• Ensuring our suppliers are abiding to local standards of practice.