BisB Receives Silver Accreditation from Investors in People

Press release
Published June 15th, 2023 - 06:29 GMT

BisB Receives Silver Accreditation from Investors in People
Yaser Alsharifi, Chief Executive Officer of BisB

Bahrain Islamic Bank (BisB), the leading provider of Islamic digital banking services in the Kingdom of Bahrain, has earned the Silver accreditation from Investors in People, a UK-based, non-profit accreditation body responsible for showcasing an organization's workplace engagement. BisB joins [15%] of select organizations internationally that have received the accreditation.

This notable achievement stands as a testament to BisB's strong leadership and vision reaffirming the Bank's active commitment towards improving performance and realizing its objectives through the management and development of its people. BisB continuously seeks to enhance the enablement and engagement of its employees through an innovative culture program and an ambitious talent management strategy that maximizes the potential of each team member. This accreditation further highlights the Bank's efforts towards implementing the right principles promoting sustainable workforce empowerment and the creation of a professional development framework that is embedded within a positive work environment.

Commenting on the occasion, Mr. Yaser Alsharifi, Chief Executive Officer of BisB, said: "We can't express how proud we are to have received the Silver accreditation from this prestigious organization, adding to our portfolio of achievements. We will continue to invest in our human capital at the Bank, as we believe our people are the essence of our success, progress, and growth. Building on an effective and enabling approach, we are committed to continuing our investment in our workforce at all levels, by developing work policies that support their professional growth while enhancing their job satisfaction and security. BisB is committed to being the leading Islamic and digital bank within the Kingdom of Bahrain, cultivating an innovative and high performance culture."

Investors in People has impacted 11 million people from 50,000 organizations in 66 countries. The accreditation process is determined and developed by a specialized body to ensure the company's talent, motivation, and leadership.

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.

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