BankIslami has secured the Best Islamic Banking Brand title at the prestigious Global Islamic Finance Awards (GIFA) 2025, held in Kuala Lumpur, Malaysia. The accolade underscores the bank’s growing influence in the Islamic finance sector and its commitment to expanding access to Shariah-compliant banking across Pakistan.
GIFA has become a globally recognized platform that honors institutions and leaders who play a vital role in shaping Islamic banking and finance. This year’s recognition was awarded to BankIslami for its innovative contributions to Riba-free financial solutions, its targeted awareness campaigns, and initiatives designed to boost financial inclusion for underserved communities.
The award comes shortly after Euromoney recognized BankIslami as Pakistan’s Best Islamic Bank in 2025, cementing the institution’s reputation as a leader in the country’s Islamic financial ecosystem. Analysts believe such international recognition signals growing confidence in Pakistan’s Islamic banking model and its capacity to provide ethical and sustainable alternatives to conventional finance.
BankIslami’s success is built on a comprehensive portfolio of Shariah-compliant financial products that emphasize transparency, inclusivity, and trust. From Hajj savings schemes to SME financing solutions, the bank has focused on addressing diverse financial needs while maintaining strict adherence to Islamic principles. Its mission of “Saving Humanity from Riba” continues to guide its product design and customer service approach.
Rizwan Ata, President and CEO of BankIslami, highlighted the broader purpose behind the recognition, saying, “Advancing Riba-free banking in Pakistan is a national cause, and as a financial institution, we see it as our responsibility to join hands and contribute. We remain dedicated to our mission by expanding access, keeping products simple and transparent, and delivering service that earns trust.”
Since its establishment, BankIslami has been a pioneer in shaping Pakistan’s Islamic finance industry. It introduced one of the first biometric ATMs in the country and continues to lead with innovative digital banking platforms tailored to Shariah compliance. With a branch network spanning more than 500 locations in over 210 cities, the bank has made Islamic banking accessible to a large population across urban and rural areas.
Looking forward, BankIslami has outlined plans to expand its reach further by introducing new Shariah-compliant digital financial tools, investing in financial literacy initiatives, and building partnerships with community organizations. These efforts aim to ensure that Islamic finance remains not only a competitive alternative but also a driver of inclusive growth and sustainable development.
The recognition at GIFA 2025 places BankIslami firmly among the top institutions advancing Islamic finance globally, reinforcing its role as a trusted and innovative banking partner for individuals, businesses, and communities in Pakistan.
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