karafarinbank became the top bank in the filed of sharia supervision and compliance

Karafarin Bank, a member of the Islamic Financial Services Board (IFSB), and a publicly listed company on the Tehran Stock Exchange, was recognized as a pioneering institution in Sharia compliance at the 35th Islamic Banking Conference in September 2025, underscoring its role in advancing Islamic financial governance in Iran.

The event, attended by Central Bank Governor Mohammad Reza Farzin and Ayatollah Gholamreza Mesbahi-Moghadam, Chairman of the Central Bank’s Sharia Supervisory Council, honored Karafarin Bank for strengthening oversight mechanisms. Karafarin Bank has consistently distinguished itself in regulatory compliance and banking integrity, positioning itself as a pioneer in the domestic financial landscape. Its Sharia Supervisory Department began operating actively in 2023, and, guided by clear objectives and a defined vision, has made significant progress. Achieving the award for top Shariah supervision at this year’s conference was regarded as a strong endorsement for this accomplishment.