KARACHI – BankIslami has been recognized as one of Pakistan’s leading Islamic financial institutions, winning “Best Bank of the Year 2024 (Mid-Sized Banks)” and securing the runner-up position for “Best Islamic Bank” at the 22nd CFA Society Pakistan Annual Excellence Awards.
The awards highlight BankIslami’s strong financial performance, robust governance, and its efforts in advancing a Riba-free economy in Pakistan. Widely regarded as a benchmark for excellence in the financial sector, the CFA Society awards reaffirm the Bank’s position as a progressive, purpose-driven Islamic financial institution.
Rizwan Ata, President & CEO of BankIslami, said: “This recognition reflects our unwavering commitment to ethical banking and our mission of Saving Humanity from Riba. We remain dedicated to building a just, inclusive, and Shariah-compliant financial system for Pakistan.”
This accolade adds to a remarkable year for BankIslami, which has previously been recognized by Euromoney as Pakistan’s Best Islamic Bank and has earned multiple awards from the Global Islamic Finance Awards (GIFA), Dragons of Asia, and Pakistan Digital Awards.
With a network of over 550 branches across 210 cities, BankIslami continues to lead innovation in Islamic banking, including the launch of Pakistan’s first fully digital Islamic banking solution, aik, and offering accessible financial products for individuals, SMEs, and communities.
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