Company Insights Bahrain Islamic Bank BISB Banking & Finance Bahrain Islamic Bank Overview Bahrain Islamic Bank (BisB) is a commercial bank based in Manama, Bahrain, founded in 1979. It is the first Islamic bank in Bahrain and operates under the supervision of the Central Bank of Bahrain (CBB). BisB operates under an Islamic retail banking license authorised by the CBB. Bahrain Islamic Bank says it focuses on customer-centric approaches, innovation, robust governance and risk management. In 2023 BisB announced that it would integrate more than 1,800 fatwas and sharia rulings into the first AI platform for Islamic banking. By February 2025 Bahrain Islamic Bank introduced an Augmented Reality service for Visa credit cardholders, providing immersive experiences and exclusive savings at Bahraini retail locations. In the same month, the bank introduced a property swap feature, allowing customers to relocate or upgrade homes without altering existing financing terms. Bahrain Islamic Bank News Banking & Finance Bahrain bank merger to complete in 2025 A merger between National Bank of Bahrain (NBB) and Bank of Bahrain and Kuwait (BBK) is expected to be completed in 2025. Plans to join the two banks were announced to the Bahrain Bourse earlier this year and preliminary proceedings started this month. “Considering that we are almost at the end of this year, I […] November 15, 2024 Opinion Banking & Finance Kuwait’s first banking merger is long overdue There have been bank mergers in every other GCC state – Kuwait might finally join the club September 20, 2024 Opinion Banking & Finance Bahrain bank mergers are good news for the kingdom and the Gulf It is likely that a merger of NBB and BBK would take the new bank into the top 30 April 29, 2024 Posts navigation
Banking & Finance Bahrain bank merger to complete in 2025 A merger between National Bank of Bahrain (NBB) and Bank of Bahrain and Kuwait (BBK) is expected to be completed in 2025. Plans to join the two banks were announced to the Bahrain Bourse earlier this year and preliminary proceedings started this month. “Considering that we are almost at the end of this year, I […] November 15, 2024
Opinion Banking & Finance Kuwait’s first banking merger is long overdue There have been bank mergers in every other GCC state – Kuwait might finally join the club September 20, 2024
Opinion Banking & Finance Bahrain bank mergers are good news for the kingdom and the Gulf It is likely that a merger of NBB and BBK would take the new bank into the top 30 April 29, 2024