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In recognition of its innovative Islamic solutions and quality of services to its customers, Bahrain Islamic Bank (BisB) has won the Best Islamic Bank in Bahrain Award 2009 from the US magazine Global Finance.
The bank has won this prestigious award in appreciation of the quality of services to its customers in addition to the invocative nature of its products that are Sharia-compliant.
Mohamed Ebrahim Mohamed, BisB chief executive said: "The bank's achievement of winning this award underlines the effectiveness of the policies and plans of the management for developing the bank's performance and position on the regional and international levels.
"It is also in recognition of the pioneering role played by the bank in the Islamic banking industry in Bahrain.
"The bank has become a strong and active competitor to the leading international banks and financial institutions.
"BisB has succeeded in strengthening its financial position in the world of Islamic banking in the past and now we are seeking to maintain this status and development of services given the increase in competition in the banking industry."
Mr Ebrahim will attend the award ceremony due to be held in October in Istanbul under the patronage of Turkish President Abdulla Gul.
