Bahrain Islamic Bank Receives Teacher Delegation From the Ministry of Education

Press release

Published March 4th, 2018 - 10:12 GMT

The teachers were briefed on the nature of the banks operations, typical tasks assigned to employees, along with the bank’s achievements and future objectives.

Bahrain Islamic Bank (BisB), the leading provider of Islamic banking services in the Kingdom of Bahrain, recently received a delegation of teachers from the Ministry of Education (MoE) at the bank’s headquarters.

The meeting was kicked off with a presentation that provided an overview of BisB’s corporate profile and business processes, outlining the principles of compliant transactions within Islamic banking as well as the services and products offered by the bank itself. Representatives from each of the bank’s departments including Corporate Communications, Marketing, and Human Resources led the delegates on an engaging tour of BisB’s Central Operations Department in the Diplomatic Area branch. The teachers were briefed on the nature of the banks operations, typical tasks assigned to employees, along with the bank’s achievements and future objectives. Furthermore, they were introduced to the latest developments in the Islamic banking industry, and the importance of the Islamic Banking sector to the overall market.

BisB commended the continuous efforts of the Ministry of Education, and its pursuit in qualifying future generations with the required experience and quality of education, and in improving their intrinsic skills as well as broadening their academic horizons. The bank strives to support all educational initiatives in line with the principles of Islamic Shari’a law.

Background Information

Bahrain Islamic Bank

Incorporated in 1979 as the first Islamic bank in the kingdom of Bahrain, and the fourth in the GCC. Bahrain Islamic Bank (BisB) has played a pivotal role in the development of the Islamic banking industry and the Kingdom’s economy. The Bank operates under an Islamic Retail banking licence from the Central Bank of Bahrain and is listed on the Bahrain Bourse.

At the end of 2016, the Bank’s paid up capital was BD 101 million, while total assets stood at BD 1042 million. The Bank’s modern branch network comprises 5 branches, 4 innovative financial malls, and 56 ATMs located throughout the Kingdom. A steadfast focus on continuous innovation, strong corporate governance and risk management, employee development, and the use of state of the art technology to deliver superior customer service, has cemented Bahrain Islamic Bank’s position as the leading Sharia’a – compliant bank in the Kingdom.