Boubyan Bank Wins 3 Global Awards from 'Global Finance'

Boubyan Bank was awarded three prestigious global honors by Global Finance magazine as part of the Best Islamic Financial Institutions Awards 2026, 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” globally. This recognition reflects the bank’s successful strategy in developing an integrated suite of banking services that meet customer aspirations and keep pace with rapid transformations in the financial sector.

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

Commenting on the achievement, Al-Mohairi expressed his pride in the accolades, noting that each award is linked to tangible advancements in the bank’s services and solutions, reflecting the long-term success of Boubyan’s strategy in innovation, operational excellence, and service development. He added that the “Best Islamic Bank for Banking Transactions” award holds particular significance, as it is being awarded for the first time under the Global Finance Awards, making Boubyan the first Islamic bank globally to receive this distinction.

Regarding the “Most Innovative Islamic Bank” award, Al-Mohairi stated that it reflects Boubyan’s focus on leveraging modern technologies. He explained, “We are working to harness technology in areas that contribute to continuously enhancing the customer experience, improving operational efficiency, and empowering employees.” He further noted that these initiatives complement 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. He emphasized that the integration and scaling of these initiatives support the bank’s future plans for investment and growth.

Al-Mohairi continued, “We strive to understand our customers’ needs and diverse aspirations, developing flexible and distinctive products and services that add value to their transactions and provide a comprehensive banking experience across digital channels and branches.” He highlighted that trust forms the foundation of strong customer relationships, and this recognition underscores Boubyan’s ability to combine innovative solutions and products with high-quality customer experience, thereby solidifying its position at the forefront of personal banking services globally.