Bank Islam Malaysia Berhad (Bank Islam or The Group) is honoured to have received the prestigious IFN Award in recognition of its outstanding contributions to the Islamic finance industry. This accolade highlights the Group’s ongoing commitment to innovation, resilience, and excellence within the Shariah-compliant banking sector.
The IFN Awards celebrate institutions that lead in the fields of innovation and excellence, with a focus on resilience and contribution to the growth of the Islamic finance landscape. Bank Islam’s achievement further solidifies its position as a leading entity in the Islamic banking sector.
Dato’ Mohd Muazzam Mohamed, Bank Islam’s Group Chief Executive Officer, expressed that this recognition underscores the bank’s commitment to providing responsible, ethical, and innovative financial solutions grounded in Shariah principles. He emphasized that Bank Islam continues to meet the evolving needs of its customers, offering tailored banking services that maintain the highest standards of integrity and ethics.
“On behalf of the management, I would like to sincerely thank our dedicated team for their relentless efforts in developing innovative and relevant Islamic banking solutions. We are deeply grateful for the trust and support of our customers, and in return, we will continue to adopt new technologies and strategies to serve them better,” Dato’ Mohd Muazzam stated.
As a pioneer of Islamic banking in Malaysia, Bank Islam has consistently driven innovation and digitalization to offer more efficient, inclusive, and customer-centric banking experiences. The IFN Award recognition serves as a powerful catalyst for the bank to further strengthen the Islamic financial ecosystem while ensuring its sustainability and future-readiness.
The award was received by Bank Islam’s Group Chief Operating Officer & Group Chief Sustainability Officer, Mohamed Iran Moriff Mohd Shariff, at a grand ceremony held at EQ Hotel Kuala Lumpur on 20 February 2025.
This recognition reaffirms Bank Islam’s role as a leader in the Islamic banking industry, committed to shaping the future of Shariah-compliant finance.
