23/09/2017 17:26 AST

Meezan Bank, Pakistan’s first and largest Islamic bank, has been awarded ‘Best Islamic Bank’ at the second Pakistan Banking Awards, 2017, the highest accolade in Pakistan’s banking sector, that recognize excellence across the Banking industry in Pakistan.

This marks the second year that Meezan Bank has received the ‘Best Islamic Bank’ award. Mr. Irfan Siddiqui – Founding President & CEO, Meezan Bank received the award on behalf of the Bank at a ceremony held recently at a local hotel in Karachi.

As a major contributor in establishing the industry of Islamic banking in Pakistan, Meezan Bank has been recognized for transforming the Islamic financial landscape in the country by both catering to the Halal banking needs of the masses as well as structuring and delivering innovative Islamic financial solutions for specialized needs of its corporate customers. The Bank’s dedicated focus on Shariah-compliance and its strong business acumen have won it numerous local and international awards over the last decade.

Commenting at this occasion, Mr. Irfan Siddiqui thanked the organizers for acknowledging the Bank’s position as the leading player in Pakistan’s Islamic finance industry. He expressed his gratitude to the Bank’s partners, customers and teams who contributed towards the cause of Islamic banking. He pledged that Meezan Bank shall continue to provide Shariah-compliant alternatives to conventional banking products while maintaining its passion for great customer service.

Pakistan Banking Awards are instituted by the Dawn Media Group – Pakistan’s oldest English language newspaper, in collaboration with the Institute of Bankers Pakistan (IBP) and A. F. Ferguson & Co. – a leading assurance and business advisory firm of the country.

The awards were held for the first time in 2016 and are recognized as the leading platform in the country to recognise excellence in various categories of the financial services industry.


Pakistan Observer

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