National Bank of Pakistan’s Aitemaad Islamic Advance Salary has been honored with the Qorus Reinvention Silver Award 2025 at the ceremony held in Dubai, marking a notable international recognition for the product. NBP was selected in the Distribution category for the initiative’s fresh approach, strong customer impact, smooth execution and its status as an industry-first offering within Islamic banking.
The Qorus Reinvention Awards attracted nearly 600 entries from banks and insurers around the world this year, reflecting intense competition across the Middle East and Africa. Qorus, founded in 1971 as a nonprofit by banks and insurance companies, provides a neutral platform combining research, insights and active communities. Its network spans some 1,200 financial groups across 120 countries, helping institutions share best practices and drive innovation.
Mr. Rehmat Ali Hasnie, President & CEO of National Bank of Pakistan, congratulated the Islamic banking team and stakeholders behind the achievement and said ‘This recognition is a testament to the invaluable guidance of our Shariah Board, the support of our regulators, and the dedication of the entire NBP family. Aitemaad Islamic Advance Salary reflects our commitment to Islamic banking excellence, customer convenience, and meaningful financial inclusion.’ He expressed appreciation for the collective effort that delivered this milestone.
Mr. Fouad Farrukh, Group Chief of Aitemaad Islamic Banking Group, highlighted the importance of global validation, saying ‘Being recognized on a global platform reinforces the strength of our vision and the hard work invested in developing Shariah-compliant solutions that truly serve our customers.’ He added that the award underscores the group’s ongoing drive to innovate, enhance customer experience and expand the reach of Islamic banking across Pakistan.
As NBP advances its innovation-led growth agenda, the Qorus Silver Award strengthens the bank’s resolve to deliver reliable, inclusive and transformative financial solutions. The Aitemaad Islamic Advance Salary remains central to NBP’s efforts to provide convenient, value-driven products that create lasting impact for customers nationwide.
