Al-Qalam 
Al Baraka Bank has won three prestigious awards at the Islamic Finance News (IFN) Awards, held at The Address Sky View in Dubai on February 17.
The bank has been named:
• Best Islamic Bank in South Africa
• Best Islamic Corporate Bank in South Africa
• Best Islamic Retail Bank in South Africa.
Nasir Seedat, General Manager: Retail, Wealth & Marketing at Al Baraka Bank said this significant achievement underscores Al Baraka Bank’s unwavering commitment to excellence, innovation, and the continuous provision of world-class Shariah-compliant financial solutions.
“Winning three awards in a single year reaffirms our position as a leader in the Islamic banking sector in South Africa,” he said.
The IFN Awards, recognised as one of the most esteemed accolades in the global Islamic finance industry, celebrate institutions that demonstrate exceptional performance and make a meaningful impact in their markets. The winners are selected through an industry-wide voting process, reflecting the trust and recognition of clients, peers, and stakeholders.
“These awards are a testament to our journey of excellence. “We dedicate this achievement to our valued clients, dedicated staff, and loyal stakeholders who have been part of our journey. Their trust and support drive us to continuously innovate and enhance our banking solutions.”
He added: “This milestone aligns with our ongoing mission to provide ethical, customer-centric, and Shari’ah-compliant financial services. Al Baraka Bank remains committed to fostering financial inclusion, supporting economic growth, and upholding the highest standards of Islamic banking. As we celebrate this achievement, we extend our deepest gratitude to our clients, staff, and partners, reaffirming our commitment to delivering excellence.”
