Bahrain-based Al Salam Bank has announced that its internal shari’a audit department has received the ISO 9001:2015 certification on Quality Management Systems from Lloyd’s Register Quality Assurance, accredited by the United Kingdom’s accreditation system (UKAS). 

 

It is a global accreditation following the International Organization for Standardization and is the most prominent global approach that defines the requirements for the principles of enterprise Quality Management Systems. 

 

ISO certification is the benchmark for institutional performance worldwide and specializes in continuously improving the performance of the organisations that apply to all legal and regulatory requirements, said the statement from Al Salam Bank.

 

This standard also helps organizations maintain quality control and track performance measurement in all processes presented in a rigorous organizational manner.

 

On the key achievement, Group CEO Rafik Nayed said: "With this accomplishment, the Shari’a Auditing Department will be the first in the Kingdom’s Islamic banking sector to receive the coveted certification. We are confident that our investment in our people is the key to success as a financial institution dedicated to leading on both a local and regional level."

 

Al Salam Bank’s Internal Shari’a Auditing department’s accreditation stands testament to its adherence to professional quality standards while also highlighting the diligence and dedication with which the team has worked over the last year, he stated. 

 

"We recently revealed our new corporate identity, which is guided by principles ensuring our delivery of excellence as we move forward. The principles are notably, We Enchant our Clients, We Inspire Our People, We are Digitally Native, We Do the Right Thing, and finally We Act with Empathy," added Nayed.

 

Ahmed Al Mahmood, Head of Shari’a Audit at Al Salam Bank lauded its team represented by Ahmed Rashdan and Dalal Ameen, who have both played a pivotal role for obtaining the key certification.

 

"Receiving the ISO certification highlights the already established Quality Management System at the bank, two years ago we start the journey with the mission to elevate the Internal Shari’a Audit department to new heights," stated Al Mahmood.

 

"Obtaining this international accreditation from a respected institution is a testament to this accomplishment," he added.-TradeArabia News Service