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The World Finance 2009 Islamic Finance Awards have been announced  Join our daily free Newsletter

MENAFN Press - 21/06/2009

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(MENAFN Press) The winners were:

Best Islamic Financial IT Provider
International Turnkey Systems Group - ITS

Best Brokerage Services Provider
United Securities LLC

Best Islamic Forex Bank
Standard Chartered

Best Islamic Services from an International Bank
Standard Chartered

Best Islamic Investment Bank
Al Sanabel International (Holding)

Best Islamic Retail Bank
Jordan Islamic Bank for Finance & Investment

Best Islamic Online Bank
Dubai Islamic Bank

Best Islamic Private Equity Bank
Sarajah Islamic Bank

Best Islamic Asset Management
Unicorn Investment Bank

Best Sukuk Issuer
HSBC Amanah

Best ReTakaful Issuer
Hannover ReTakaful BSC

Best Islamic Finance House
Gulf Finance House

Best Takaful Issuer
Takaful International

Best Business Leader, North America
Omar Farooq Kalair, UM Financial

Best Business Leader, Europe
Sohail Jaffer, FWU Group

Best Business Leader, Middle East
Mohammad Abdullah, Sharjah Islamic Bank

Best Business Leader, Asia
Yvonne Chia, Hong Leong Bank Berhad

About World Finance awards panel
The World Finance awards panel, headed up by editor Alexander Redcliffe, used a wide range of criteria, and the critical eye of a collective 180 years of financial journalism, to inform its decision over the most pertinent categories to include in the 2009 awards, and to establish criteria for voters to consider, such as innovation, originality and quality of product, as well as proof of market development and excellence in client representation. The panel has been wary to avoid the danger of bias towards criteria such as depth of practice, size of company, international links and reputation, which in so many other industry awards skews the competition in favour of the larger firms with global networks, leaving the excellent work of smaller, nationally based firms and those operating in niche areas, unrecognised. The awards are designed to redress this balance, not to favour the smaller firms, but to publicly recognise that the services they provide are every bit as valuable to their clients as those of their larger counterparts.


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