Islamic Finance Awards national winners 2025: Uzbekistan

Best Islamic bank 2025: Alif Uzbekistan

Alif Uzbekistan has been recognised as the best Islamic bank in Uzbekistan for its exemplary services and innovative approach towards Islamic banking principles, backed by remarkable market performance and technological innovation. 

At the core of Alif Uzbekistan’s strategic achievements are the rigorous adherence to Shariah-compliant banking methods combined with the adoption of advanced financial technologies. The bank has established itself as the undisputed market leader in retail financing, commanding an impressive 27% market share in buy now, pay later (BNPL) services according to a recent KPMG report.

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