Bahrain Islamic Bank, the leader in providing innovative and simplified Islamic digital banking services in the Kingdom of Bahrain, announced that it is the participating agent bank in a joint financing agreement worth 250 million Bahraini dinars, which was concluded in cooperation with the Housing Bank and a number of national, regional and international banks and commercial banks. This step aims to provide the necessary banking facilities to support plans and programs concerned with providing housing services to citizens, and to implement the housing projects and programs included in the government program 2023-2026.
On this occasion, Fatima Al Alawi, CEO of Bahrain Islamic Bank, said: “We are proud to be part of this agreement, as Bahrain Islamic Bank plays the role of the shareholder agent bank, which supports its endeavors to continue enabling citizens to benefit from various housing services that meet their needs. We are keen to enhance the bank’s contribution to achieving the sustainable development goals of the Kingdom of Bahrain, in accordance with the directives of the wise leadership.”
The signing of the joint financing agreement worth 250 million Bahraini dinars comes within the framework of supporting efforts to provide housing services to citizens.
By enriching the portfolio of strategic partnerships with private sector institutions. This is in line with the plans and programs of the Ministry of Housing and Urban Planning and the Housing Bank, which aim to implement the objectives of the government program 2023-2026, in addition to highlighting the projects and programs included in the state’s general budget 2025-2026.
