March 22nd, 2023
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 REDmoney 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.
The Bank has won the following country-level awards:
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, Mr. 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.
(2nd from L to R) Mr. Riyadh S. A. A. Edrees – Chairman Board of Directors, Meezan Bank, Mr. Mubashar Maqbool, Director Meezan Bank, Mr. Faisal Fahad Al-Muzaini, Director Meezan Bank and Mr. Irfan Siddiqui – Founding President & CEO Meezan Bank while receiving the award at the IFN Awards Ceremony, Dubai.