Bidaya Home Finance, an Islamic home finance company in Saudi Arabia, has won four prestigious awards in Global Finance magazine’s consumer digital banking categories, namely Best Bill Payment & Presentment, Best in Social Media & Marketing Services, Best Digital Mortgage Bank and Best Islamic Digital Bank.
The award winners were selected based on stringent criteria including strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth in numbers of digital customers, breadth of product offerings, evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality.
Mazin Al-Ghunaim, CEO of Bidaya Home Finance, said: “We are deeply honored at winning these three awards since they are a global recognition of Bidaya’s pioneering leadership in developing and successfully implementing digital solutions in the home finance sector.”
He added: “In the Kingdom of Saudi Arabia, home ownership for all citizens is a key goal of Vision 2030 and at Bidaya, we are committed to utilizing the most advance digital technologies to provide innovative easy-to-understand solutions that enable fast processing of online home financing applications in order to achieve our target of increasing homeownership to 60 percent by 2030.”
