Meezan Bank, Pakistan’s leading Islamic Bank and one of the largest banks in the country has been recognized as the global winner of ‘Best Islamic Retail Bank’ for 2022, by Islamic Finance News (IFN) of RED money Group, Malaysia.
The Bank has also achieved a clean sweep of all the six Pakistan-level titles awarded by IFN. This achievement serves as a testament to the unparalleled success of Islamic banking both in Pakistan as well as across the world and reflects the Bank’s growing strength in various areas of operations.
Meezan Bank has retained the ‘Best Islamic Bank in Pakistan’ title for the past 17 years, reflecting its growing strength and ability to deliver innovative Shariah-compliant banking solutions to all categories of customers.
Commenting on the occasion, Irfan Siddiqui – President & CEO, Meezan Bank, said: “Alhamdullilah, we are honoured to be recognized by IFN as the Best Islamic Retail Bank in the world. We are extremely grateful to our customers who continue to advocate for Islamic banking and vote for us each and every year. We are also appreciative of our peers and the market for acknowledging our strengths, our contributions towards the growth of Islamic finance sector, and most importantly our unwavering commitment towards establishing ‘Islamic banking as banking of first choice.”
The Islamic Finance News (IFN) Awards honours the best in the Islamic financial industry across the world and are among the most prestigious and recognized awards in the global Islamic finance industry. IFN conducts ‘Best Banks Poll’ every year to determine the Best Islamic Finance Institutions from around the world.
Meezan Bank is the leading Islamic bank of Pakistan and also one of the largest banks nationwide in terms of branch network as well as deposits. With a network of over 960 branches in more than 300 cities, it has the largest Islamic banking network in Pakistan.
Meezan Bank has consistently been recognized as the Best Islamic Bank in Pakistan by numerous local and international institutions including its recognition as the ‘Best Bank – 2020’ by Pakistan Banking Awards – the most prestigious award in the country’s financial sector and by Islamic Finance News – Malaysia, Global Finance magazine – New York, Asset AAA – Hong Kong, Asiamoney – Hong Kong, The Banker – United Kingdom, South Asian Federation of Accountants, Islamic Finance Forum of South Asian Awards, – Dawn & IBP Pakistan, Employers Federation of Pakistan and CFA Association – Pakistan.—Agencies
