Doha, Sunday 15 December2013–Barwa Bank Group, Qatar’s fastest growingShari’ahcompliant banking service provider,has been named as “Best Bank” and“Best Premium Bank” globally, as well as“Best Domestic Commercial Bank” in Qatar at the Islamic Business & Finance Awards 2013
These awards were established by CPI Financial in 2005 to recognise the best performing institutions in a variety of regions where Islamic finance is either already developed or is rapidly expanding.
Mr. Steve Troop, CEO, Barwa Bank attended the Awards ceremony held on 11th December at Jumeirah Emirates Hotel in Dubai.
Mr. Troop commented, “We are honoured to be acknowledged with these awards from CPI Finance and are delighted that our commitment to growth and to building an innovative and customer focused Shari’ah compliant bank has been recognised.”
Mr.Troop went on to say that he was especially pleased to receive the “Best Bank” award in that Barwa Bank aimsto challenge the widespread misconception that Islamic finance involves an implicit trade-off between, on the one hand, Shari’ahcompliance and on the other, sophistication and service excellence. “We aim to deliver on both through providing innovative products and service standards that meet customer need and expectations. We may not be the largest but we want to be the best and the most recommended.”