British-Pakistan professional awarded in UK

A British-Pakistani have been acknowledged at an awards ceremony for his exceptional contributions to the Islamic finance sector.

The award honoured Asim Khan, the founder of an Islamic finance group, with the exclusive Global Islamic Finance Leadership Award 2024.

With over three decades of experience in financial services, Asim Khan has established himself as a leading figure in Islamic finance.

His career, spanning the Asian subcontinent, the Gulf Cooperation Council (GCC), and Europe, includes significant roles at PwC, KPMG, and Deutsche Bank.

Under Khan’s visionary leadership, Khalij Group has become a trailblazer in Islamic financial services and capital markets. His innovative approach has led to the development of numerous Islamic financial products and the establishment of robust relationships with investors in the GCC and Far East.

Notably, Khan has spearheaded the creation of multi-billion dollar Sukuk programmes and structured Shari’a-compliant solutions for major global financial institutions and asset managers.

Founded in 2008, Khalij Group specialises in Islamic financial services and capital markets, offering innovative solutions across various sectors, including real estate, infrastructure, and healthcare.

In his acceptance speech, Asim Khan expressed his gratitude, stating, “Thanks to the jury and judges for this incredible honour. This award is not just a recognition of the work we have done at Khalij Group but also a testament to the growth and importance of Islamic finance. I dedicate this award to the entire team at Khalij Group and the broader Islamic finance community.”

Khan concluded with a vision for the future, “I accept this honour with deep humility and a renewed commitment to push the boundaries of what Islamic finance can achieve. Let’s continue to build a world where finance serves the greater good, and where ethical and sustainable practices become the cornerstone of global prosperity.”

As of 2024, the global Islamic finance market is estimated to be valued at approximately $3.7 trillion. The market has shown consistent growth, driven by increasing demand for Sharia-compliant financial products across various regions, particularly in the Middle East, Southeast Asia, and Africa. Projections suggest the market could reach $4.5 trillion by 2030.