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27Jan 19

BisB Awarded Most Innovative Islamic Bank Award at Dubai’s IFM Award Ceremony

Bahrain Islamic Bank (BisB) was awarded ‘‘Most Innovative Islamic Bank” by International Finance Magazine (IFM), one of the world’s leading financial publications with a readership in over 200 countries. The awards ceremony was held at the Jumeirah Emirates Towers Hotel, Dubai, on the 17th of January 2019, where Mr. Mahmood Qannati, Head of Brand, Marketing and Corporate Communications received the award on behalf of BisB.

The IFM Award Ceremony was kicked off with a meet and greet session, which brought together more than 100 industry peers and thought leaders from around the world across the finance and Islamic finance industries.

“As the world of finance continues to evolve at a rapid pace, and we continue to overcome obstacles in the world of finance; these awards are imperative to continue to promote increased innovation and excellence within the financial industry,” said Mr. Hassan Jarrar, Chief Executive Officer of BisB.

“We are proud to receive this award which underlines the Bank’s commitment to delivering innovative financial products that simplifies our customers’ lives, and I would like to extend my gratitude to all the staff at BisB, this award is truly a reflection of all their hard work and dedication," he added.

The IFM awards use a combination of reader nominations and expert analysis to ensure a transparent process, after meticulous research and analysis by the internal team, the process is transitioned to an external research agency who provide their inputs. The finalists are then chosen by a panel of industry experts drawn from various international agencies as well as leading financial centers from around the world; based on various strategic indices’ including innovation, growth, sustainability, and overall contribution to society.

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