Ajman Bank Awarded Coveted ISO 22301:2019 Certification for Business Continuity Management
Press release
During the event.
Ajman Bank, one of the leading Islamic financial institutions in the UAE, has been awarded the prestigious ISO 22301:2019 certification. This globally recognized standard affirms the bank's commitment to excellence by implementing robust business continuity management systems (BCMS). It demonstrates Ajman Bank’s ability to protect its business and customers against disruptive incidents with a proactive approach to managing potential risks. Stressing on the significance of the certification, H.H Sheikh Rashid Bin Humaid Bin Rashid Al Noaimi, Vice Chairman of Ajman Bank, personally met the team behind this successful achievement.
Mustafa Al Khalfawi, CEO of Ajman Bank, said, “We are proud to receive the ISO 22301:2019 certification which is the world’s most established quality framework and benchmarks Ajman Bank based on the highest international standards. This achievement is a significant milestone in our journey towards operational excellence and a resilient future. It solidifies our status as a trusted and reliable financial institution, committed to the highest standards of quality and service in the Islamic banking sector.”
The process to achieve the ISO 22301 certification involved a comprehensive assessment of Ajman Bank's BCMS framework against global best practices. The rigorous evaluation measured the bank's systems, policies, procedures, and practices for identifying, mitigating, and recovering from potential disruptions.
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Background Information
Ajman Bank
Ajman Bank is a young, agile Islamic commercial bank that provides a wide range of value-driven banking services in the UAE for individual, business and government clients, all in compliance with Shariah principles. Ajman Bank seeks out the market’s best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.
Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate’s economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organisation in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.
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