KARACHI, December 13, 2024: BankIslami has proudly secured the 2024 Euro Clearing Quality Recognition Award from J.P. Morgan, in recognition of its outstanding achievement in the financial services sector. The award honors BankIslami’s remarkable MT202 STP (Straight Through Processing) rate of 99.37%, a key indicator of the bank’s exceptional operational efficiency and commitment to excellence.
The award was presented by Amin Khowaja, CEO of J.P. Morgan Pakistan, to Rizwan Ata, President & CEO of BankIslami, during an elegant ceremony attended by key executives, including Deputy CEO Imran H. Shaikh, and other senior members of the bank.
The recognition underscores BankIslami’s success in maintaining the highest standards of banking service while adhering to its core values of Shariah compliance. It reflects the bank’s integral role in shaping a customer-centric financial environment that blends modern banking with Islamic finance principles.
In his speech, Rizwan Ata shared, “This award is a testament to the collective efforts of every individual at BankIslami. It highlights our unwavering commitment to setting new benchmarks within the industry, ensuring our stakeholders receive unmatched value and services.”
Imran H. Shaikh also added, “Receiving such recognition showcases how BankIslami is continuously evolving and improving its services to meet the ever-changing demands of our customers, providing them with seamless and innovative banking solutions.”
At BankIslami, the mission is clear: to create a future where every individual can access innovative banking services, while maintaining a strong commitment to Shariah principles. The bank continues to focus on providing exceptional service with the aim of fulfilling essential banking needs, all while championing its tagline: “Saving Humanity from Riba.”
