Business

Bank Alfalah receives prestigious global recognition at the GIFA 2024

Karachi
Bank Alfalah has earned international acclaim by winning two awards at the 2024 Global Islamic Finance Awards (GIFA), highlighting its position as a leader in the Islamic banking sector. The Bank received accolades for its contributions to Islamic banking, including the Islamic Banker of the Year 2024 award and the Best Islamic Banking Window Operations Award 2024 under the GIFA Market Leadership Awards category.
Bank Alfalah Islamic, founded in 2003, has expanded to over 375 branches nationwide. Offering a full range of Shariah-compliant Islamic banking solutions for corporate, commercial, SME, retail, treasury, trade, and consumer banking customers, Bank Alfalah Islamic is geared towards providing one-stop innovative and convenient financial solutions. The title of Islamic Banker of the Year 2024 was awarded to Dr. Muhammad Imran, Group Head of Islamic Banking.
Additionally, Bank Alfalah won the Best Islamic Banking Window Operations Award 2024, further affirming its excellence in Islamic banking operations. Bank Alfalah is the first Islamic Banking Window in Pakistan to receive this recognition, highlighting the bank’s leading role in the market.
Speaking on the occasion, Dr. Muhammad Imran, Group Head–Islamic Banking at Bank Alfalah, expressed his gratitude for the recognition: “These awards are the testament to the collective efforts of our team at Bank Alfalah Islamic. We have always aimed to elevate the standards of Islamic banking in Pakistan and globally by adhering to the highest Shari’ah standards and offering customer-centric solutions. This is an honour and a reflection of the hard work we have put into transforming Islamic banking into an impactful financial service.”

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