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Bahrain Islamic Bank and BENEFIT work together to enhance the banking sector, here’s how



Bahrain Islamic Bank (BisB) recently held a business meeting with “BENEFIT” at the company’s headquarters in Manama. The meeting was attended by the Chief Executive Officer of BisB, Mr. Hassan Jarrar, the Chief Executive Officer of BENEFIT, Mr. Abdulwahed AlJanahi, along with senior officials from both parties.


The meeting highlighted strategic future plans in digital banking between both parties and the role of the bank in the BenefitPay application.


Mr. Hassan Jarrar declared “We are excited to start a new chapter with our partner, BENEFIT, in light of our commitment to implementing our strategy ‘Ishraq – Back to Basics’ and our vision of transforming the Bank into a Fintech hub and offering the latest and simplest electronic banking solutions to customers.”


The CEO of BisB added “The purpose of our meeting with BENEFIT, the leading provider of all electronic financial transactions in the Kingdom of Bahrain; is to further develop the current level of banking products and services available and to find effective ways to simplify banking transactions for customers. At BisB, we consistently pride ourselves on maintaining open lines of communication in dealing with our corporate partners in order to maximize the benefit for all parties involved.”

Correspondingly, Mr. Abdulwahed AlJanahi revealed: “We at BENEFIT constantly seek to cooperate with institutions operating in the financial sector, in order to improve the existing level of services offered, further supporting the Kingdom’s entrepreneurial initiatives”


“The joint strategy we formed with BisB plays a critical role in enhancing BenefitPay’s client base by aligning it with our business partners. Together, we strive to provide an e-payment tool with innovative applications that emerge as the preferred choice for our consumers, further developing the vision of the Kingdom of Bahrain to emerge as the leading Fintech hub in the region,” AlJanahi added.

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