Friday, August 7, 2020

Bahrain Islamic Bank Takes the Lead as the First Bank in Bahrain to Obtain the ISO Certificate for BCMS

Bahrain Islamic Bank (BisB) recently obtained the ISO 22301:2019 certification for Business Continuity Management System (BCMS), becoming the first institution in the Kingdom of Bahrain, the second in the Middle East, and among the very few institutions worldwide to obtain the certification in its latest edition. This comes as part of the bank’s efforts to address potential risks or disruptions, and its commitment to adhere to best practices in this field.

The ISO 22301:2019 standard enables organizations to assess their competencies and ability to meet their business capabilities and obligations to ensure business continuity, even in the event of an emergency. The standard indicates the requirements for continuously planning, implementing, operating, maintaining and improving a BCMS, in which BisB remains committed to developing through its dedicated internal teams. The latest edition of this ISO certification was launched in October of 2019, replacing the previous edition (ISO 22301: 2012) and became certifiable from April 30, 2020. Recently, BisB has implemented several preventive measures and developed various strategic plans with an aim to protect its employees and customers and reduce the impacts of any emergency.

“This achievement of obtaining the ISO 22301:2019 certification reiterates our commitment to the continuous development of our information security systems with the aim of protecting against, preparing for, responding to, reducing the possibility of occurring and recovering from any emergencies if they arise. We consider the development of our business continuity management system a top priority in order to be able to quickly overcome any emergency that may arise at any  given time, the COVID-19 outbreak notwithstanding, in order to maintain the health and continuity of  our business while ensuring a seamless delivery of products and services,” said the Chief Executive Officer of BisB, Mr. Hassan Jarrar.

“This international system demonstrates the importance of being able to maintain resilience during the occurrence of unexpected events and our ability as a Bank to follow internationally recognized and accepted systems, to ensure that it adheres to best practices,” he added.

MOST READ

2nd edition of King Hamad Chair in Interfaith Dialogue and Peaceful Co-Existence summer programme to be held on August 31

The 2nd edition of the summer programme of the King Hamad Chair in Interfaith Dialogue and Peaceful Co-Existence will be held from August 31 to September 5...

Gulf Air Welcomes Back Kuwait to its Network

Gulf Air, the national carrier of the Kingdom of Bahrain, announces that it will resume its direct flights to and from Kuwait. Gulf Air has...

UAE becomes first Arab country to develop nuclear energy plant to generate safe, clean electricity

The Emirates Nuclear Energy Corporation (ENEC) today announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah) has successfully started up Unit 1...

Health Ministry’s staff trained on dealing with COVID-19

The Ministry of Health has held more training sessions and workshops that targeted health workers and professionals, including doctors, nurses, support services, and other...

Education Minister Praises ‘AGU’ Leading Position

The Arabian Gulf University (AGU) has recently attained new achievements in the field of being granted accreditation from prestigious international institutions, as three of...

Voluntary Work Award to be dedicated to Bahraini frontliners

His Highness Shaikh Isa bin Ali Al Khalifa, Chairman of Bahrain Basketball Association and Honorary President of Good Word Society, said that the Voluntary...

‘Strongest Man at Home’ reflects HH Khalid bin Hamad’s support to youth, sport

Director of HH Shaikh Khalid bin Hamad Al Khalifa Media Office, and President of the Organising Committee of the Strongest Bahraini Man at Home...

Bahrain Summer Festival: Together Virtually

The annual Bahrain Summer Festival is back for its 12th edition and is unlike ever before! Bringing us Together Virtually, this year’s highly-anticipated festival proves...

HM King directed relief aid to blast-hit Lebanon

His Majesty King Hamad bin Isa Al-Khalifa directed to dispatch urgent humanitarian relief aid to the Republic of Lebanon to help alleviate their suffering...

Netflix is letting people watch things faster or slower with new playback speed controls

Netflix is letting people choose the speed at which they want to watch something on their phone or tablet with new playback controls. Netflix will...

Shrimping ban to be lifted

The Agriculture and Marine Resources Department at the Works, Municipalities Affairs and Urban Planning Ministry has announced that the ban on shrimping will be...

Batelco Changes the Internet Speed Standards in Bahrain

Batelco, Bahrain’s leading digital solutions provider, has announced today that fiber speeds will be boosted by up to 5 times for all fiber internet...

Protect Your Plants to Enjoy the Blossoms by Dhananjay Mahadev Datar

When my father retired from business, he handed over the responsibility of Al Adil Trading Co. and its retail shops across the UAE to...

The Government Directory App

Planning a virtual event? Need to reach government officials in specific directorates? The Government Directory App is your essential guide to the numerous governmental...

Cendrawasih Dance at Bahrain Summer Festival

Named after a rare species of beautiful birds-of-paradise, Cendrawasih, this Balinese dance is a relatively new dance with choreography inspired by classical dance routines....