2013

Barwa Bank Wins Multiple Awards at Global Banking and Finance Review Awards 2013

Doha, 16 September 2013–Barwa Bank, Qatar's fastest growing Shari’ah compliant banking service provider, has been named the winner of Global Banking and Finance Review Awards 2013, for “Fastest Growing Islamic Bank”, “Best Premium Islamic Card”, “Best Sukuk Manager”, “Most Innovative Shari’ah Compliant Product” and “Best Internet Bank” in Qatar.

 The Global Banking & Finance Review Awards honour companies that stand out in particular areas of expertise in the banking and finance industry. The awards are based on innovation, achievement and excellence that contestants have brought to the marketplace.

 Mr. Steve Troop, CEO, Barwa Bank commented on the achievement, “We are very proud to have won five awards from Global Banking and Finance Review and are especially pleased to be nominated as winner of this year’s “Best Internet Bank in Qatar”. Internet banking is an area where we continue to invest heavily as part of our commitment to continuous improvement in the customer experience, offering the ability to conduct banking transactions anywhere, anytime."

 This is the second time this year that Barwa Bank has been recognised as the “Fastest Growing Islamic Bank in Qatar” and was also pleased to win both “Best Premium Islamic Card”, and “Most Innovative Shari’ah Compliant Product”.  Both awards aretestament to the bank’s strategy of providing a new Shari’ah compliant experience - innovative products and first class service, while at the same time aligned with its customers’ ethical beliefs.

 “Best Sukuk Manager Qatar” acknowledged Barwa Bank’s successful positioning as akey player in theIslamic Capital Marketswith a succession of high profile arranger positions since 2012.  Islamic Capital Markets are experiencing rapid growth globally and receiving growing attention from non-Islamic investors. Going forward Barwa Bank intends to develop this market segment.