Awarded “Best Emerging Islamic Bank 2023” status at the 13th Global Islamic Finance Awards (GIFA) is Faysal Bank Limited (FBL). At a ceremony recently held in Dakar, Mr. Macky Sall, President of the Republic of Senegal, presented the award to the bank.
This international honour is given to Faysal Bank in recognition of its recently completed historic journey to become an Islamic bank, which was accompanied by sustained strong business growth and financial performance. This transition to an Islamic bank is known as the largest in history.
On this occasion, Mian M. Younis, the chairman of the board of Faysal Bank, credited Allah’s blessings, the board’s sound strategic vision, management’s excellence in delivery, and stakeholder support from our clients, State Bank, and Shariah Scholars, among others, for the success of the bank. He claimed that Faysal Bank had taken the initiative to promote Islamic banking in Pakistan because it had established itself as a role model through its successful transformation.
According to Yousaf Hussain, the historic Islamic transformation process and growth were founded on a deep faith in Allah and the conviction that Islamic banking offered the best future for both personal and commercial financial solutions for all of our esteemed customers. Faysal Bank has become the go-to Islamic bank for customers thanks to its broadest offering of Islamic products that are focused on them, including digital enablement and quality service.
The International Islamic Rating Agency has given Faysal Bank the highest local Shariah rating possible based on its network of more than 700 expanding Islamic branches.
