U Microfinance Bank Islamic Banking Receives International Recognition During 8th Islamic Retail Banking Awards
Source: Daily Pakistan
U Microfinance Bank (U Bank) Islamic Banking has received the prestigious international award for Upcoming Islamic Retail Banking Window in Pakistan 2022 during the 8th Islamic Retail Banking Awards 2022, hosted by Cambridge IFA in Indonesia.
The award honors U Bank’s recent introduction of Shari’ah-compliant financial solutions in Pakistan and comes soon after U Bank’s full-scale commercial launch of Islamic Banking services nationwide. The bank’s Islamic Banking services were piloted earlier this year and have now encompassed many cities across Pakistan, thus financially including the segment of society that seeks banking services in line with Islamic values.