Al-Arafah Islami Bank wins mastercard excellence award 2025
Al-Arafah Islami Bank PLC has received the "Mastercard Excellence Award 2025" for its performance in Mastercard Debit Business (Domestic).
Bangladesh Bank Deputy Governor Md Zakir Hossain Chowdhury handed over the award to the bank's acting managing director, Mohd Rafat Ullah Khan, at a ceremony held at a hotel in the capital on Saturday, 22 November, 2025. Bangladesh Bank Governor Dr Ahsan H Mansur was present at the event.
The ceremony was attended by Gautam Aggarwal, president of Mastercard South Asia; Syed Mohammad Kamal, country manager of Mastercard Bangladesh; Director Zakia Sultana; Al-Arafah Islami Bank Deputy Managing Director S M Abu Jafar; Senior Executive Vice President Md Towhidduzzaman Fuad; Executive Vice President Syed Towhid Hossain; Vice President and head of ADC operations Md Shakhawat Ullah; diplomats; MDs and CEOs of various banks; fintech leaders; and invited guests.
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The recognition underscores the bank's commitment to modern, Sharia-compliant financial services, innovative digital solutions and secure, efficient customer transactions. It marks an important milestone in Al-Arafah Islami Bank's digital transformation and its efforts to support Bangladesh's digital economy.
