Johannesburg - FNB Islamic Banking has been nominated as the
‘Best Islamic Banking Window 2017’ by the Awards Committee of the 7th Global
Islamic Finance Awards (GIFA).
GIFA is an annual awards
ceremony held to celebrate institutions and individuals who have made a
significant impact in driving thought-leadership and the implementation of
world class initiatives in the Islamic banking and the finance industry.
Chief Executive Office of
FNB Islamic Banking, Amman Muhammad, said “As a bank, we have positioned
ourselves as a leading innovator in the financial and banking sector, with a
focus on using cutting-edge Islamic solutions to remove the angst in both
commercial and retail banking. This nomination attests to the amount of work
that has been done in creating Islamic banking products that speak to market
needs”.
“FNB Islamic Banking’s
nomination alone is testament to the lengths to which FNB has gone to create
industry-leading Islamic banking solutions”.
The accolade attests to the
growing stature of Islamic finance in Southern Africa
and the broader African continent.
“Since FNB became the first
commercial bank in South
Africa to offer Islamic banking services, we
have grown significantly and have created market-leading lending, savings and
investments and insurance alternatives that are compliant with Shari’ah
principles”.
“Our products and services
have communicated the banks’ ability to create solutions aimed at assisting our
clients to make banking seamless. The award is in many ways an expression that
we have impacted on the market positively”, said Muhammed.
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Muhammed said the latest
acknowledgment for FNB Islamic Banking follows other such awards and accolades,
including one recently presented by Banker Africa, which saw it recognised as
having the ‘Best Islamic Banking Offering’ at the annual Southern African
Banking Awards 2016.
The Awards were open to all
banks and financial institutions internationally and were considered to be one
of the most prestigious in the world of Islamic banking and finance. This year,
the Awards ceremony would be held in Astana,
Kazakhstan
during September.
The event is expected to be
attended by senior delegates and Heads of State, such as H.E. Ismail Omar
Guelleh, President of the Republic of Djibouti and H.E. Nursultan Nazarbayev, President of
the Republic of Kazakhstan, among others.