Bank Alfalah gets global recognition with 2 GIFA awards
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, said a press release.
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.
“Historically awarded to full-fledged Islamic banks, this recognition of the Bank’s leadership in Islamic banking is a significant achievement,” the news release said.
Speaking on the occasion, Dr Muhammad Imran expressed his gratitude for the recognition, saying that the awards were the testament to the collective efforts of team at Bank Alfalah Islamic.