Arab Financial Services Company named the “Best Islamic Payment Solutions Provider – Middle East”
December 20, 2016
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Arab Financial Services Company named the “Best Islamic Payment Solutions Provider – Middle East”
Bahrain based Arab Financial Services Company B.S.C., the leading payment solutions provider in the Middle East and Africa (MEA), was named the “Best Islamic Payment Solutions Provider 2016 – ME” by CPI Financial at The Islamic Business and Finance Awards 2016.
 
The awards ceremony, held in Dubai, celebrated the achievements of top Islamic bankers, financiers and Islamic banking and finance institutions, and was attended by over 200 industry leaders and senior personnel from around the world.
 
Receiving the award, Mr. B Chandrasekhar, Chief Executive Officer of AFS, said “We are delighted to receive this award from CPI Financial. As the region’s leader in Islamic Payment Solutions, we are committed to help our partner banks stay competitive and become more profitable by offering comprehensive Sharia-compliant payment solutions to support every stage of the process. AFS is also determined to lead the way by offering the latest innovations in payment solutions and technologies from mobile payments to digital banking”. 
 
Now in its 11th year, the Islamic Business and Finance Awards focus on recognizing excellence in Islamic and Shari’ah-compliant banking and financial services. A panel of expert judges first selects a shortlist of institutions, which is followed by a 6-week voting process. The winners are declared based on the number of votes each institution receives.