meem by GIB wins “Best Islamic Digital Bank 2021” award

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Gulf International Bank announced that meem, its digital retail banking arm, has been named “Best Islamic Digital Bank 2021” at the 11th Global Islamic Finance Awards (GIFA). Launched in Saudi Arabia in 2014 and Bahrain in 2018, meem is the world’s first digital Islamic retail bank and provides customers with an innovative range of Shariah-compliant products and services through digital channels.

meem was selected as the winner based on the new product innovations over the past 12 months.

These included the launch of its Home Finance product and ‘ajeeb rewards programme’ for its Credit Card customers in KSA.

Similarly, in Bahrain, meem added Personal Finance and Personal Finance Buyout products to its offering.

Group Head of Retail Banking, Mohammed AlAjmi, said, “We will remain committed to ongoing innovation to meet the rapidly evolving needs of our customers by offering a unique and dynamic digital retail banking experience.”