aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has been named as the ‘Best Islamic Finance Company’ during this year’s edition of the prestigious Banker Middle East Industry Awards, the region’s leading financial event, which held its awarding ceremonies in a special gala dinner recently at the Emirates Towers Hotel in Dubai. The award was given to aafaq Islamic Finance in recognition of its significant contributions and achievements in the field of Islamic Finance, especially for its continuing efforts to provide the region with dynamic and innovative Islamic banking and financial solutions that are in compliance with Islamic Shari’a law.



Dr. Mahmoud Abdulaal, CEO of aafaq Islamic Finance, said: “We are very proud to receive this distinction from the ‘Banker Middle East Industry Awards’, which is widely acknowledged as the most important recognition of financial excellence in the Middle East. Furthermore, this win strongly demonstrates the growing preference towards the concept of Islamic banking and the many advantages and benefits to be gained from it. We would like to thank the organizers for placing their trust and confidence in us. Our continuing efforts like adding new services, monitoring market trends and improving customer service has helped us consolidate our position as the best Islamic finance company over the last few years—demonstrating that excellence is a continuous process that needs to be maintained. Rest assured, Aafaq will remain steadfast in its continuing commitment towards providing our customers with fully reliable Islamic finance based services and products to help drive in more growth for their savings and investments”.

This year’s edition of the Banker Middle East Industry Awards were composed of 30 categories that covered a variety of financial services including retail, corporate, investment, private banking, asset management, fund management, finance companies and consultancy practices. Nominees included more than 200 banking and finance based companies from United Arab Emirates, Qatar, Saudi Arabia, Oman, Kuwait, Bahrain, Jordan and Lebanon. Winners are selected through a voting process participated in by registered readers of Banker Middle East, Islamic Business & Finance, FinanceME, WEALTH Arabia magazines.


About aafaq Islamic Finance 

Backed by an eminent and respected group of shareholders, aafaq Islamic Finance was established in 2006 to provide innovative Islamic financial services and products that comply with Islamic Sharia across the UAE and the Region.

The company's strategic focus is set towards exploring and discovering available opportunities within various business sectors in order to achieve the highest return for its shareholders. Aafaq holds strategic partnerships with the Ministry of Finance and the Ministry of Labor, Department of Economic Development - Dubai, DMCC, NASDAQ Dubai , Menacorp, Tas'heel Centers, flydubai and Airarabia.

The company, which works closely with some of the world’s leading financial institutions, offers a variety of high-quality financial services like Corporation Finance, Retail Finance, e-Dirham, Labor Guarantees, Wages protection system, Payment for the DED, flydubai reservation payment, airarabia reservation payment. Aafaq outlets exist in 54 "Tas'heel Centers and government departments across UAE. For More information please visit website: www.aafaq.ae


Source: Orient Planet PR & Marketing Communications