Bahrain Islamic Bank (BisB) was established in 1979 as the first Islamic commercial bank in the Kingdom of Bahrain, The authorized capital is BD 100 million and paid up capital is BD 93.967 million. Since its inception, BisB has recorded a steady growth. At the end of 2013,the shareholders’ funds reached nearly BD 78 million Bahraini Dinars, with assets in excess of BD 910 million. In 2007 The Bank had launched its new identity with the core objective of radiating its new and fresh mandate of exceeding expectations, both from an inspirational and a functional perspective. The Bank has been maintaining its leading position in the Islamic banking sector through adopting innovative Islamic investment and financing products, supported by superior retail and corporate banking services. The Bank is listed on the Bahrain Stock Exchange. The major shareholders are leading local and regional financial institutions. The Bank operates under supervision and the regulatory framework of the Central Bank of Bahrain. The Bank, with 11 local branches and new Financial Malls, has established the largest network among Islamic banks in the Kingdom. These branches offer quality banking services, financing and investment opportunities compliant with Sharia’a requirement for individual and corporate customers.
Gulf Air Falconflyer members can use their BisB credit cards to earn Gulf Air Falconflyer miles at the following rates:
|Card Type||Spend||Earn Miles|
|Classic Card||BD 3||1 Falconflyer Mile|
|Gold Card||BD 1||1 Falconflyer Mile|
|Platinum Card||BD 2||3 Falconflyer Miles|
|Titanium Card||BD 2||3 Falconflyer Miles|
|Signature Card||BD 2||3 Falconflyer Miles|
Members can apply to the Bank for a card by completing an application form.
Bahrain Islamic Bank (BisB) Reward Programme
Falconflyer members using BisB services can exchange their BisB points for Falconflyer miles!
BisB has launched a new reward programme, which gives Gulf Air Falconflyer members the opportunity to manage their BisB reward points through an online portal. All you need to do is select the number of points you wish to transfer, enter your Falconflyer number and submit. Miles will be credited to your account within a period of 5 to 7 business days. The minimum balance to be converted is 1000 points.
Points are rewarded as detailed below:
|Card Type||Points Rewarded|
|Other Currencies||BHD Currency||Government|
|Visa & Master Black||2.25||1.75||0.5|
|Visa Platinum and Master Titanium||1.5||1.25||0.3|
Members can apply to the Bank for a card by completing an application form. For further details, please call 17515151 or visit Credit Cards page on bisb.com