Al Baraka Islamic Bank prepares to launch its first Digital Banking platform

Al Baraka Islamic Bank prepares to launch its first Digital Banking platform

Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, announced its partnership with Jumio, the leading provider of end-to-end AI-powered identity verification and eKYC solutions, to launch the Bank's first digital banking platform. This step comes as part of Al Baraka's digitization journey to deliver a seamless banking experience to its customers.



Al Baraka Islamic Bank aims through this cooperation to create a reliable banking experience through its digital platform, which enables new retail customers to create accounts through their mobiles without the need to visit a branch.



The digital platform will deploy Jumio's award-winning biometric-based identity verification technology, which simply requires customers to upload copies of their ID card and a 'selfie' using their smartphone to register their accounts. The technology uses certified liveness detection functionality to ensure that the user is physically present and prevent unauthorized usage.



Commenting on the partnership, Chief Executive Officer of Al Baraka Islamic Bank, Mr. Hamad Abdulla Al Oqab, said: "At Al Baraka Islamic Bank, we are committed to providing the best banking services and products to our valued customers, while ensuring the utmost security and safety while banking with us at all