4 days ago
BisB named Bahrain's Best Islamic Digital Bank at Euromoney Islamic Finance Awards 2025
Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, has been recognised as Bahrain's Best Islamic Digital Bank at the prestigious Euromoney Islamic Finance Awards 2025. The award acknowledges BisB's leadership in delivering Sharia'a compliant digital banking services that are secure, accessible, and tailored to the dynamic needs of customers across Bahrain and the GCC.
Ms. Fatema AlAlawi, Chief Executive Officer of BisB, stated, 'This award is a representation of our continued efforts to build a modern Islamic bank that harnesses technology to deliver financial solutions grounded in Sharia'a principles. Forus, Digital transformation is a responsibility to improve financial access, enhance security, and empower customers to take control of their finances with confidence. We are proud to be among the leaders shaping the future of Islamic banking in Bahrain and beyond through services that are innovative, inclusive, and aligned with the values of our community.'
Aligned with its innovation-driven approach, BisB has strengthened its digital ecosystem with new capabilities designed to deliver seamless customer onboarding and enhanced product accessibility via the BisB Mobile App. These include GCC onboarding for regional clients, the ability to create Special Investment Deposits, and the launch of the Tejoori Premium Investment Deposit Account. Customers can also open Call Accounts digitally, offering flexible financial management options in line with Islamic principles.
BisB has also enhanced the functionality of its digital services to provide customers with greater control and convenience. These include a redesigned rewards dashboard offering transparent tracking of earned benefits, a Sharia'a compliant card with instalment plans for flexible spending, and an instant digital personal finance against Tejoori balances.
Strengthening its role in Bahrain's digital ecosystem, BisB has advanced its Open Banking capabilities through strategic partnerships, enabling customers to manage open banking consents securely and seamlessly. The E-Banking Host-to-Host solution streamlines salary processing and payment management for corporate clients, while the revamped PayPal service facilitates smooth linking and withdrawals, supported by BisB's robust Anti-Money Laundering (AML) and identity verification protocols.
Security and compliance remain central to BisB's digital strategy. The Bank has implemented advanced cybersecurity and fraud prevention measures, including an upgraded Identity & Verification platform, the deployment of an AI-powered Fraud Risk Management solution, and real-time threat detection through layered security controls.
