Karachi (Muhammad Yasir) BankIslami, the country’s leading Islamic financial institution, has bagged two coveted accolades at the 7th Annual Islamic Retail Banking Awards 2021 held in Dubai recently. The Bank won as the Islamic Bank of the Year for Growth and Strategy while the President and CEO of BankIslami was honored as the Best Personality of the Year for a second consecutive year. The international awards are a pinnacle of achievement for Sharia-compliant banking in Asia and receiving these showcases the extent of BankIslami’s performance throughout the region.
The Islamic Retail Banking Awards are organized by UK-based Cambridge IFN and within the last 7 years have become a gold standard within the industry. BankIslami has displayed exceptional performance in terms of customer servicing and revolutionizing the Riba-free sector through technological advancements, setting a unique precedent for others to follow. The organization has achieved significant milestones in operations with profits, number of account holders and assets witnessing substantial growth over the last few years despite challenging circumstances faced by global economies. Moreover, the President and CEO, Syed Amir Ali being honored for the second year running showcases his revolutionary potential and foresight in leading BankIslami to new heights of success and saving humanity from RIBA at the same time.
Speaking at the occasion, Syed Amir Ali, President and CEO, BankIslami stated; “BankIslami has displayed splendid performance during the year 2020 with the organization’s profits increasing substantially. Our scope of services is rapidly expanding to unexplored domains in order to provide state-of-the-art services to customers. I dedicate my award to the exceptional team at BankIslami that has been driving optimal growth and progress for the organization. We are honored to receive this coveted accolade and will continue to strive in providing all stakeholders with RIBA-free solutions for all their financial needs.”