FNB also awarded the GIFA Special Award for Sukuk Arranging
FNB Islamic Banking has been awarded the Best Islamic Banking Window for the eighth consecutive year at the 14th annual Global Islamic Finance Awards (GIFA). In addition, the business was also awarded the GIFA Special Award for Sukuk Arranging, for being one of the lead arrangers of a South Africa Rand-denominated Sukuk.
GIFA recognises the best in Islamic Banking and Finance and has grown to become one of the most coveted awards in Islamic Banking and Finance worldwide. The awards are a celebration of excellence in the Islamic Banking and Finance sector. The winners were announced at an awards ceremony in Maldives on the 17th of September 2024.
Amman Muhammad, CEO of FNB Islamic Banking says, “Being recognised as the Best Islamic Banking Window – 2024 and for being arrangers of a South Africa Rand-denominated Sukuk by the prestigious Global Islamic Finance Awards is indeed an honour and a tribute to a team that prides itself in developing unique and innovative Islamic banking solutions.”
Founded in 2011, GIFA celebrates excellence and best practices in Islamic finance across various categories ranging from industry players to service providers, Shari’ah scholars and academicians in various sectors within the Islamic finance industry, with ultimate objectives of promoting social responsibility, adherence to Shari’ah authenticity and commitment to Islamic banking and finance.
“Recognition of this stature is testament to the consolidation of our talent and technical appreciation of dynamic business environments, which, has once again resulted in FNB being recognised on the global platform at GIFA as the Best Islamic Banking Window for 2024,” adds Muhammad.
These accolades add to several significant awards that the FNB Islamic Banking team have received in the past few years, including the 2019 Global Business Outlook Best Islamic Banking Window in South Africa and the 2018 Islamic Retail Banking Critic’s Choice Award as the Most Trusted Brand.
“Both these awards build on the foundation of the strong legacy that the FNB Islamic Banking leadership has constructed, in a country that is quickly emerging as the gateway to Islamic finance on the African continent. We express our sincere gratitude to the leadership at GIFA in recognising not only our contribution to the industry but their commitment in developing our industry,” concluded Muhammad.
INFO SUPPLIED.
