Zaman Bank Named Best Islamic Bank in the CIS by IFN

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Arman Korzhumbayev Editor-in-Chief

Zaman Bank has been named Best Islamic Bank in the CIS following the results of the international IFN Best Banks Poll 2025, organized by the authoritative industry publication Islamic Finance News (IFN)DKNews.kz reports.

The award covers 13 global categories and 37 country markets, recognizing not only established leaders but also a new generation of banks shaping the future of Islamic finance in emerging markets.

Recognition by the professional community

One of the key distinctions of the IFN Best Banks Poll is that winners are determined through voting by the professional community, including bankers, investors, consultants, and members of Shariah boards.

This recognition reflects the high level of trust in Zaman Bank’s approach, which is based on:

  • transparent and ethical financial solutions
  • strict compliance with Shariah principles
  • a strong focus on the real needs of individuals and businesses

A strategy built on trust and ethics

For Zaman Bank, the award is more than an accolade - it is confirmation of a long-term strategy aimed at building an open digital ecosystem where financial services are simple, accessible, and ethical.

The bank positions itself not merely as a financial institution, but as a trusted partner, offering solutions that align with both modern digital expectations and Islamic values.

Other CIS winners at IFN Best Banks Poll 2025

Several other banks from the CIS region were also recognized:

  • ADCB (Kazakhstan) - Best Islamic Investment Bank and Best Islamic Corporate Bank
  • Alif Bank (Tajikistan) - Best Islamic Retail Bank
  • OpenBank (Uzbekistan) - Best New Islamic Bank
  • Asia Alliance Bank (Uzbekistan) - Most Innovative Islamic Bank

These results highlight the growing role of the CIS region in the global Islamic finance landscape.

What is IFN Best Banks Poll

The IFN Best Banks Poll is an annual international award widely regarded as a key benchmark for the Islamic finance industry. Evaluation is based on several criteria, including:

  • compliance with Shariah principles
  • sustainability and quality of business models
  • level of digitalization and innovation
  • contribution to the development of Islamic finance at local and regional levels

Beyond financial performance, the award reflects the quality of trust between banks and their customers.

Zaman Bank’s victory at IFN Best Banks Poll 2025 sends a clear signal that ethical, transparent, and digitally driven Islamic finance is gaining strong momentum across the CIS region.

DKNews International News Agency is registered with the Ministry of Culture and Information of the Republic of Kazakhstan. Registration certificate No. 10484-AA issued on January 20, 2010.

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