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Al Baraka Islamic Bank launches new digital app for its customers

October 26, 2021
islamic finance

As part of its digital transformation journey, Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, announced the launch of its digital application.

The newly launched app was specifically curated to meet customers’ banking needs by providing them with easy access to seamless banking transactions and a range of products and services without the need to visit the branch. The digital app which will be rolled out across four phases, and will provide customers with an exceptional banking experience at their fingertips. The features of the app will include a digital customer on-boarding by scanning their National ID, easy and fast transfer and payment services, as well as cards and accounts management. In addition, the new digital app will also include quality of life features such as home page customization, web login using QR code, multiple account login, saving payments as shortcuts, performing actions outside the app, among many other features.

Commenting on this occasion, Mr. Hamad Abdulla Al Oqab, Chief Executive Officer of Al Baraka Islamic Bank said: “We are proud to be launching our new digital app, which goes in line with our continuous efforts to meet the growing digital needs of our customers. We are also confident that this newly launched app will place us at the forefront of the banking digitalization wave to survive and thrive in a digital era. At Al Baraka Islamic Bank, we strive to become a digital-driven bank that is capable of providing an effective digital experience to all our stakeholders, internal and external, which will substantially support the business growth, cost reduction, and operational efficiency.”

“In light of the COVID-19 pandemic, we have witnessed a vast change in the business mindset towards digital banking, which has led to our digital transformation journey with the purpose of elevating the Bank’s performance digitally in the market, as well as achieving our business objectives and positioning the bank in the Kingdom’s digital economy. We aim to continuously meet the banking needs of our customers during this ever-changing digital era, by providing them with easy access to a range of our products and services through this newly launched app,” he added.

With its establishment in 1984 in the Kingdom of Bahrain, Al Baraka Islamic Bank B.S.C. – Bahrain has a longstanding track record of delivering excellence, innovation and superior results. The Bank ranks among the leading providers of Islamic banking products and services to its international clientele and focuses primarily on developing innovative and distinguished Investment solutions in compliance with Islamic Sharia principles, supported by its sound financial solutions.