Saturday, July 13, 2024

Bank Alfalah Islamic Reappointed as Joint Financial Advisor (JFA) to Pakistan’s Ministry of Finance

Bank Alfalah Islamic has been reappointed as the Joint Financial Advisor (JFA) to the Ministry of Finance for 5 years. This reinforces their position as the sole Islamic Banking window among esteemed JFAs. They will provide advisory services for the issuance of Government of Pakistan Ijara Sukuk, Green Sukuk, and any Shariah compliant instrument. The Ministry’s reappointment highlights the Bank’s commitment and expertise in Islamic Banking and Shariah Advisory, reaffirming its role as a trusted government financial partner.

Dr. Muhammad Imran, Head of Islamic Banking, expressed their honor and emphasized the importance of Islamic banking in Pakistan’s financial landscape. Bank Alfalah Islamic is dedicated to providing outstanding Islamic financial services and contributing to the development and prosperity of Pakistan’s economy. They remain resolute in their commitment to fostering the growth of the Islamic banking sector.

Being recognized as a leading Islamic banking institution, Bank Alfalah Islamic continues to uphold its reputation and deliver exceptional services to its customers. This reappointment is a testament to their expertise and the trust placed in them by the Ministry of Finance.

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