# Which Central Bank Won the IFN global award 2021 for promoting Islamic Finance across the World ? with Answer - Pakistan Current Affairs MCQs | TestPrep

> Solved MCQ: Which Central Bank Won the IFN global award 2021 for promoting Islamic Finance across the World ? Correct Answer: A. State Bank of Pakistan. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# Which Central Bank Won the IFN global award 2021 for promoting Islamic Finance across the World ?

Direct Answer & Quick Reference

The correct option is **A. State Bank of Pakistan**.

Islamic Finance News (IFN), an arm of RED money Group, Malaysia, has announced State Bank of Pakistan (SBP) as the best central bank of 2021 across the world in promoting Islamic f...

A. State Bank of Pakistan **(Correct Answer)**

A. Bank Negara Malaysia

C. Saudi Central Bank

D. None of these

✨ Explain with AI

Verified Key: A. State Bank of Pakistan
Solved by 4,974+ students

**Detailed Explanation & Reference:**

Islamic Finance News (IFN), an arm of RED money Group, Malaysia, has announced State Bank of Pakistan (SBP) as the best central bank of 2021 across the world in promoting Islamic finance. IFN Best Banks Poll is regarded as a prestigious award in the global Islamic finance space. Bank Negara Malaysia stood second, while the Saudi Central Bank secured third position. SBP has won this award five times in seven years. Previously, SBP was bestowed with this coveted award for the year 2015, 2017, 2018, and 2020.

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