Islamic Finance Awards national winners 2025: South Africa

Best Islamic bank 2025: Standard Bank Shari’ah Banking

Standard Bank Shari’ah Banking has emerged as the driving force behind the growth of Islamic finance in South Africa and is positioning itself as a strategic platform for Shariah-compliant banking across the continent.  

In 2024, it achieved vastly improved financial results, launched market-shaping Islamic products and arranged landmark sukuk transactions, making it a deserving winner of Euromoney’s award for South Africa’s best Islamic bank. 

The bank’s standout financial performance was underpinned by a 56% increase in assets year-on-year.

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