Bahrain Islamic Bank (BisB) supported the 26th Annual World Islamic Banking Conference (WIBC) as a Silver Partner. The event is considered the largest and most prestigious gathering for Islamic banking and finance leaders in the world.
Held under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa, in strategic partnership with the Central Bank of Bahrain (CBB), the event is taking place from the 2nd to the 4th of December 2019 at the Gulf Hotel in the Kingdom of Bahrain.
The Chief Executive Officer of BisB, Mr. Hassan Amin Jarrar, took part in a panel discussion under the topic, ‘Digital Transformation – New Trends in Fintech Influencing the Future of Islamic Finance’. During the session, Mr. Jarrar discussed how the face of the banking industry has changed in the last few years and that BisB, along with other banks, is embracing digital transformation. He also highlighted how the integration of digital technology into all areas of a business is significantly transforming the way banks operate and deliver value to customers, pushing the boundaries with the adoption of advanced technologies to elevate the standards of banking in the Kingdom. He concluded the session by introducing BisB’s first Virtual Employee, Dana.
“Our sponsorship and participation at the WIBC conference year after year comes in line with our commitment to contribute towards the development of the Islamic and finance sector by having open discussions with all the key players in the industry. The WIBC has continuously provided opportunities for the sustainable development of the Islamic finance industry on a global level by bringing together industry leaders and innovators to address relevant and pressing issues affecting this sector. This year’s edition was no exception. The conference tackled key topics such as upcoming potential threats facing the industry, digital transformation, along with other major trends that are affecting Islamic and non-Islamic banking. These discussions are critical in order for us to maintain progress,” Mr. Jarrar said.