BisB Supports ‘Forever Green’ Initiative for the Second Time

Press release

Published March 29th, 2023 - 07:05 GMT

BisB Supports ‘Forever Green’ Initiative for the Second Time

During the event

Bahrain Islamic Bank (BisB), the leading provider of digital banking services in the Kingdom of Bahrain, announced its second contribution to support the national afforestation campaign, which launched in October 2021. Under the slogan, “Forever Green”, the campaign is held under the patronage of Her Royal Highness Princess Sabeeka bint Ibrahim Al Khalifa, wife of His Majesty the King of Bahrain, President of the Supreme Council for Women (SCW) and Chairperson of the Consultative Council of the National Initiative for Agricultural Development (NIAD), in partnership with the Ministry of Municipalities Affairs and Agriculture and the Supreme Council for Environment (SCE).

The Bank took part in planting over 100 trees and shrubs in Casino Garden located in Muharraq. The ceremony was held on Wednesday, 1st March 2023, in the presence of Her Excellency Shaikha Maram bint Isa Al Khalifa, the Secretary-General of NIAD, and several of the Bank’s managers and employees.

BisB’s ongoing support for the “Forever Green” campaign began with a tree planting initiative at the Shaikh Abdulla bin Khalid Al Khalifa Health Center in December 2022, where over 70 trees and shrubs were planted in the area.

Commenting on the occasion, Mr. Yaser Alsharifi, Chief Executive Officer of BisB, said: “Our continued support for the national afforestation campaign for the second time comes as part of our belief in the importance of developing the agricultural sector and supporting efforts to increase green spaces in Bahrain. This initiative is also in line with our Corporate Social Responsibility platform, “Jood”, and our ESG framework. looking forward to continuously investing in similar initiatives in the future, that aim to achieve a positive environmental impact, safeguard air quality, and reduce carbon emissions, to fulfill Bahrain’s 2060 net-zero goals.”

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.