It is with great pride and admiration that we acknowledge the exceptional work of Bangko Sentral ng Pilipinas (BSP) Assistant Governor Arifa A. Ala. For the second year running, she has been named as one of the “Most Influential Women in Islamic Business and Finance”. This honor was bestowed upon her by WOMANi during a ceremony held in the cosmopolitan city of Dubai, United Arab Emirates, on the 4th of December, 2023.
This recognition is a testament to AG Ala's relentless pursuit of excellence in her field, a quality that has firmly established her as a force to be reckoned with in Islamic business and finance.
Recognizing her dedication and influence, the Cambridge Institute of Islamic Finance (IFA) awarded AG Ala the prestigious title of “WOMANi Five-Star Alumni and Influencer” during their 5th Annual WOMANi Symposium and Awards 2023. Her unwavering commitment to strengthening the Islamic banking and finance landscape in our country has made her an eminent figure and a source of inspiration to many.
AG Ala’s advocacy for Islamic banking and finance is deeply rooted in BSP’s broader financial inclusion agenda. This vision seeks to provide financial services that cater to all Filipinos, regardless of their gender or religion.
During the public session of the symposium, AG Ala highlighted the need for more choices and access to alternative financing modes for all Filipinos. She emphasized that every Filipino, Muslim and non-Muslim alike, should have the capacity to address their financing and investment needs. AG Ala’s words echoed her dedication to financial inclusion, a cornerstone of her advocacy.
AG Ala's stance on financial inclusion is not just about providing more options, but also about empowering individuals by giving them the tools they need to make informed decisions.
AG Ala is a staunch supporter of women empowerment. She believes that when women are educated, they are empowered to make good decisions for themselves and those around them. Achieving this would pave the way for more women leaders in the Islamic finance industry.
Her commitment to empowering women sends a powerful message about the integral role they play in reshaping the Islamic finance sector.
The WOMANi Symposium celebrating the contributions of women leaders and experts in Islamic business and finance was themed "The Evolution of Women in Islamic Business & Finance: Past, Present, and Future". This event marked a significant milestone in recognizing women's contributions towards improving financial inclusion and transforming the Islamic financial landscape in the global Islamic economy.
The symposium was a platform for these women to share their insights, knowledge, and experiences in addressing and bridging the leadership gap.
AG Ala’s recognition, coupled with her advocacy, sets an encouraging precedent for the future of Islamic finance in the Philippines. As the nation ventures further into the realm of Islamic finance, her leadership inspires many to join her in this journey.
AG Ala’s recognition and her relentless advocacy for Islamic banking and finance are indicative of her visionary leadership. She symbolizes the potential of women's influence in shaping the future of Islamic finance in the Philippines, and indeed, the world.
The recognition of AG Ala serves as a beacon of inspiration to aspiring women leaders in Islamic finance. Her journey is a testament to the immense possibilities that lie ahead for women in the industry.
AG Ala's recognition demonstrates the progress made in bridging the gender gap in Islamic finance. Her work serves as a model for future generations, highlighting the importance of inclusivity and diversity in finance.
AG Ala's recognition is more than just a personal achievement; it is a testament to her enduring influence in Islamic finance. Her legacy continues to inspire and shape the future of Islamic business and finance, leaving an indelible mark on the industry.
BSP Assistant Governor Arifa A. Ala is recognized as one of the most influential women in Islamic Business and Finance by WOMANi for the second consecutive year. This blog post explores her contributions to the Islamic finance sector and her impact on financial inclusion and women empowerment.
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