E-Paper | May 20, 2026

SBP wins best central bank award

The Newspaper's Staff Reporter Published January 14, 2021
The State Bank of Pakistan (SBP) has been voted as the best central bank in promoting Islamic finance for the fourth time by a poll conducted by Islamic Finance News. ─ Wikimedia Commons/File
The State Bank of Pakistan (SBP) has been voted as the best central bank in promoting Islamic finance for the fourth time by a poll conducted by Islamic Finance News. ─ Wikimedia Commons/File
comments
Whatsapp Channel
Add Dawn as a trusted source
Google Preferred Source

KARACHI: The State Bank of Pakistan (SBP) has been voted as the best central bank in promoting Islamic finance for the fourth time by a poll conducted by Islamic Finance News (IFN) of REDmoney Group Malaysia on Thursday.

This is the second international award bestowed upon the SBP for Islamic Banking during FY21. Earlier, the Global Islamic Finance Awards (GIFA) has also declared the SBP as the best central bank of the year in September 2020.

“It is always a closely contested battle for the top spot, but 2020 was rather more of a runaway victory than we have seen in recent years. The 2018 winner, the State Bank of Pakistan, achieved a decisive win with almost three quarters of the votes,” the IFN said while announcing the poll results.

It was further stated by IFN that this year despite global pandemic, they have received the highest number of votes for the poll in its 16 years history.

Published in Dawn, January 14th, 2021

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.
Our readers are at the heart of everything we do.
Do you have a thought to share or a way we can improve? We’d love to hear it. Reach out to us at feedback@dawn.com.
Business

Read more

M. Emad
Jan 14, 2021 09:24am
Pakistan -&- Malaysia ----- The State Bank of Pakistan (SBP) voted for the 4th time as the best Islamic finance promoting central bank by a poll conducted by Islamic Finance News (IFN), Malaysia.
Recommend 0
Asim
Jan 14, 2021 02:30pm
Why it should be via poll isn't there a body to evaluate them.
Recommend 0

Most Popular

01
02
03
04
05
06
07
08
09

Latest Stories

Opinion

Sexual abuse by Israel

Sexual abuse by Israel

Zahid Hussain
Thousands of Palestinian men, women and children are languishing in Israeli prisons in subhuman conditions, with many routinely subjected to sexual abuse.

Editorial

Hormuz gamble
20 May, 2026

Hormuz gamble

The Strait of Hormuz has become the real centre of the confrontation.
The unkindest cut
20 May, 2026

The unkindest cut

SUICIDE, a complex symptom of deep despair triggered by mental health problems, is hardly a moral issue. Punitive...
Ad hoc culture
20 May, 2026

Ad hoc culture

THE Supreme Court’s ruling against prolonged ad hoc and acting appointments is an indictment of a deeply ...
Water win
19 May, 2026

Water win

Besides being a technical and legal win, the ruling validates Pakistan’s argument about the existential stakes involved for it.
Free ride
19 May, 2026

Free ride

THE federal and provincial governments have extended what appear to be major concessions to the retail sector ahead...
Ceasefire in name
19 May, 2026

Ceasefire in name

THE ink on the latest ceasefire extension between Israel and Lebanon was barely dry when Israeli warplanes were back...
Dawn News English Podcasts
Subscribe