Boubyan Wins 3 Prestigious Global Awards from Global Finance

Boubyan Bank was awarded three prestigious global honors by Global Finance at the 2026 Best Islamic Financial Institutions Awards, recognizing its progress across various areas of Islamic banking and strengthening its presence among Islamic financial institutions worldwide.

The awards included “Best Islamic Bank for Banking Transactions” globally, “Most Innovative Islamic Bank” globally, and “Best Islamic Bank for Personal Banking Services” globally. This recognition reflects the bank’s success in developing an integrated suite of banking services that meet customer expectations and keep pace with rapid transformations in the financial sector.

The awards were presented during the Global Finance Annual Gala in Bangkok, Thailand, held on the sidelines of the 2026 Annual Meetings of the International Monetary Fund and the World Bank. Attending the ceremony were Adel Al-Majed, Vice Chairman and Group CEO; Abdullah Al-Mohairi, Chief Operating Officer; Ahmed Al-Fahad, Director and Company Secretary; and Mohammed Al-Jasser Al-Ghanim, Director of Corporate and International Financing, alongside a distinguished group of global banking and financial leaders.

Global Finance Awards are among the most prominent specialized global awards in the financial sector, based on evaluating the performance of Islamic financial institutions, including the development of banking solutions, service and transaction efficiency, enhancement of customer experience, adaptation to industry transformations, and investment in modern technologies.

Commenting on the achievement, Al-Mohairi expressed his pride in this recognition, noting that what distinguishes it is the direct link between each award and tangible advancements in the bank’s services and solutions. This reflects the success of Boubyan’s long-term strategy in innovation, operational excellence, service development, and leveraging modern technologies, thereby reinforcing its global presence and leadership among Islamic financial institutions.

He added that the “Best Islamic Bank for Banking Transactions” award holds particular significance, as it was awarded for the first time within the Global Finance Awards, making Boubyan the first Islamic bank globally to receive this distinction.

He explained that the efficiency of corporate banking operations is linked to the ease of managing payments, collections, liquidity, and the speed of executing commercial transactions, which requires integrated banking services and solutions that streamline procedures and enhance operational management and monitoring. From this perspective, Boubyan continues to develop its services to provide companies with greater flexibility in planning and executing their transactions, aligning with their business requirements and operational needs.

Regarding the “Most Innovative Islamic Bank” award, Al-Mohairi stated that it reflects Boubyan’s approach to leveraging modern technologies according to best practices in developing its operations and services, improving efficiency, and enhancing its ability to respond to customer needs.

He added: “We are working to apply technology in areas that contribute to continuously enhancing the customer experience, improving operational efficiency, and empowering employees. The institutional transformation program in artificial intelligence is part of this direction, based on a multi-year roadmap and clear frameworks for governance and responsible use.”

He pointed out that the program integrates with the modernization of the core banking system, the development of payment systems and digital services, and the expansion of strategic partnerships with leading global technology and fintech companies, emphasizing that the integration and scaling of these initiatives support the bank’s future plans for investment and growth.

He noted that trust forms the foundation of the strong relationship with customers, reflecting Boubayan’s ability to combine innovative solutions and products with a high-quality experience, thereby solidifying its position at the forefront of global personal banking.

Al-Muhairi concluded by reaffirming the bank’s commitment to continuing the development of its business, services, and solutions, investing in modern technologies, artificial intelligence, and human capital, alongside strengthening strategic partnerships, all of which support its ability to lead the next phase of Islamic banking evolution and build a smarter, more flexible, and future-ready banking model.