ADIB SCOOPS AWARDS AT IFN AWARDS CEREMONY
Abu Dhabi, 19 Jumadal Awwal 1436/March 10, 2015 (MINA) – Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has received 10 prestigious awards at the Islamic Finance News Awards Ceremony held at the Ritz Carlton at the Dubai International Finance Centre (DIFC), Thursday (March 5), making it the most awarded bank at the event.
The ceremony was attended by the world’s top Islamic financial institutions, law firms and ratings agencies, as well as a number of ADIB’s senior managers, Zawya.com quoted by Mi’raj Islamic News Agency (MINA) as reporting.
Among the accolades given to ADIB was recognition for its acquisition of BarclaysUAE Retail Banking businessfor which it won the Corporate Finance Deal of the Year award.
“We are of course delighted and humbled by the awards we are receiving, which serve to underline the progress we are making within our part of the banking industry, but also in the overall banking industry,” said Tirad Al Mahmoud, ADIB’s CEO.
“We are always seeking to deliver world-class banking solutions, new and innovative products and excellent customer service to keep us ahead of our competitors. We do not take such recognition for granted, and know that year after year we have to meet and exceed our own high standards to deserve awards such as these.” He added.
ADIB Egypt was also recognised during the event,winning Best Islamic Bank in Egypt, as well as Infrastructure & Project Finance Deal of the Year.
The Islamic Finance News awards are highly respected in the Islamic finance and banking industry globally. They are based on a unique poll-based format in which nearly 3,000 votes are cast by leading practitioners and participants in the industry.
The following is the full list of awards won by ADIB at theIslamic Finance News Ceremony:
1. Best Islamic Bank for Treasury Management
2. Best Islamic Bank in UAE
3. Corporate Finance Deal of the Year
4. Overall Best Islamic Bank
5. Perpetual Deal of the Year
6. Qatar Deal of the Year
7. Regulatory Capital Deal of the Year
8. UAE Deal of the Year
9. Best Islamic Bank in Egypt
10. Infrastructure & Project Finance Deal of the Year
Most recently, ADIB has been named Best Islamic Bank in the UAE for the fifth year in a row by EMEA Finance magazine.
Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Emiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan on 18th April 1999. ADIB’s vision is to be a top-tier, global Islamic financial services group and its mission is to provide Islamic financial solutions to the global community.
The Bank carries out all contracts, operations and transactions in accordance with Islamic Sharia principles. ADIB’s core values, reflected in all its activities are: Simple and Sensible; Transparent; Mutual Benefit; Hospitality and Tolerance; and Sharia inspired. It brings to its customers banking as it should be. (T/P4/P3).
Mi’raj Islamic News Agency (MINA)