Bahrain Islamic Bank (BisB) has won British publication International Finance Magazine's (IFM) Best Islamic Bank Award in Bahrain for 2014.

During a ceremony held in London, BisB retail banking services general manager Abdul Rahman Mohamed Turki received the award from Baron Sheikh of Cornhill in the City of London, said a report in the Gulf Daily News (GDN), our sister publication.

BisB was awarded in recognition of its contributions to the growth of Islamic financing and its services which meet the needs of its clients.

We are pleased to receive this prestigious award from IFM, a highly reputed and well-recognised publication in global banking industry, BisB acting chief executive Mohammed Ahmed Hassan said.

The award underlines our prestigious status in the Islamic banking sector in Bahrain.It also reflects the bank's continued excellence in various domains from the distinguished performance and good reputation in the Islamic banking scene to its tangible contributions in enhancing the growth of Islamic financing in Bahrain, and its unique products in terms of innovation and development, Ahmed Hassan pointed out.

"With our consolidated efforts in applying strong policies and achieving the aspired goals of our new strategy, in addition to our good reputation at the market, we shall continue our endeavours aimed at maintaining the bank's attained gains and leading status.

"This largely strengthened our success over a period of 35 years of excellence and distinction in the Islamic banking sector in the kingdom," he said. - TradeArabia News Service