Chairman of the Board of Directors of BisB, Dr. Esam Abdulla Fakhro.

Press release
Published April 19th, 2020 - 07:37 GMT

Chairman of the Board of Directors of BisB, Dr. Esam Abdulla Fakhro.
Chairman of the Board of Directors of BisB, Dr. Esam Abdulla Fakhro.
Highlights
Bahrain Islamic Bank (BisB) announced a donation of BD250,000 to the ‘Feena Khair’ National Campaign led by His Highness Shaikh Nasser bin Hamad Al Khalifa

Bahrain Islamic Bank (BisB) announced a donation of BD250,000 to the ‘Feena Khair’ National Campaign led by His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian and Youth Affairs, National Security Advisor and Chairman of the Board of Trustees of the Royal Humanitarian Foundation. The Campaign aims to support the Kingdom’s efforts to combat the coronavirus and lessen the financial burden of those affected by the pandemic. This donation follows on the heels of the Bank’s BD30,000 donation to its customers who are members of the medical teams working on the front-lines to combat COVID-19 at governmental hospitals and health centres, in addition to the BD30,000 donation to the Capital Governorate’s ‘Together We Care’ campaign which was launched to support the underprivileged and those who have been adversely affected by the virus, by providing much-needed meals.

The Chairman of the Board of Directors of BisB, Dr. Esam Abdulla Fakhro, said, “As active members in supporting local society, we consider it our duty to support the National Campaign, in line with our continual efforts to contribute to the Kingdom’s government initiatives, which have been launched to help lessen the financial burden of members of our community, as well as to reduce the impact of the global pandemic on the National economy. We commend the efforts and achievements of the wise leadership in combating COVID-19 and remain committed to supporting these humanitarian initiatives, standing together in solidarity to overcome this crisis.”

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.

Check out our PR service


Signal PressWire is the world’s largest independent Middle East PR distribution service.

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content