Bahrain Islamic Bank (BisB) has emerged as the winner of the prestigious award ‘Excellence in Islamic Banking – Bahrain’ at the 2020 Finnovex Awards held on the sidelines of Finnovex Middle East 2020, a hybrid virtual and live event comprised of panel sessions, workshops, and an awards ceremony, which took place on the 3rd and 4th of November at the Conrad Dubai, United Arab Emirates.
Chief Executive Officer of BisB, Mr. Hassan Amin Jarrar, said:
“We are delighted to receive the award for ‘Excellence in Islamic Banking – Bahrain’ for 2020 which is a testament to the Bank’s continuous efforts in providing innovative Islamic banking solutions, as we strive to transform the traditional banking experience in the Kingdom of Bahrain in line with our strategy of simplifying our customers’ money matters.”
“Through embracing digitisation, streamlining complex banking operations, launching innovative Islamic banking services and supporting community initiatives, BisB has played a vital role in contributing to the development of the Islamic finance industry in the Kingdom, and has cemented its position as the leading Bank that offers a wide range of Sharia’a products and services in Bahrain,” he added.
During Finnovex Middle East 2020, Chief Corporate & Institutional Banking, Mr. Wesam Baqer, delivered a virtual session entitled ‘Redefining the Corporate World with Digital Innovations’, which shed light on the bank’s journey in the face of the global pandemic, highlighting the Bank’s digital corporate innovations launched during 2020.
BisB has continued to drive digital transformation in the financial industry, establishing itself as a pioneer of the Islamic finance industry and the leading provider of Sharia-compliant integrated financial solutions in the Kingdom of Bahrain. With its retail and corporate customers in mind, the Bank continues to launch digital platforms and innovative product and service offerings to provide a superior customer experience.
Finnovex Middle East 2020 brought together thought leaders from top banks and financial institutions from the region and beyond to discuss the future of financial services which is currently being reshaped by disruptive technological innovations in various fields. In addition, Finnovex Awards recognises and celebrates outstanding achievements of individuals, financial institutions, and service providers who have transformed the financial services industry.