
Global Finance : Zitouna Bank is the best Islamic Financial Institution
The Tunisian Bank "Zitouna" was chosen to be the best Islamic Financial Institution for the year 2021 in Tunisia, according to Global Finance international magazine.
The same magazine said the Zitouna Bank was distinguished by providing an integrated set of banking products and services that comply with the Islamic banking provisions, with assets amounting to 1.7 billion Tunisian dinars, equivalent to $ 566 million.
On the international level, the Kuwait Finance House (KFH) was selected as the best Islamic Financial Institution for the year 2022. The KFH exists in the regions of the Middle East, Asia and Europe, where it enjoys the latest information systems and advanced electronic applications.
This classification of the Zitouna Bank confirms the development in an upward pace for this institution, which achieved in 2021 distinguished results through a record net income of 60 million Tunisian dinars, with a growth rate of about 17% compared to the year 2020.