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Barwa Bank has been named “Best Sukuk Arranger” and “Best Corporate Bank” at the Islamic Business & Finance Awards 2014. Barwa Bank executive general manager and chief business officer Khalid Mahdi al-Ahbabi accepted the awards on behalf of the bank in a ceremony held at the Jumeirah Emirates Hotel in Dubai. In a statement, Barwa Bank said, “We are delighted to be recognised with these awards, leading credence to our effective innovative approach to Shariah-compliant banking. These awards are a testament that we have been very successful in balancing the traditions and compliance requirements of Shariah-compliant banking with a contemporary approach to customer service and product development.” The CPI Financial awards was established in 2005 to recognise the best performing institutions in a variety of regions where Islamic finance is either already developed or is rapidly expanding. Picture shows Barwa Bank executive general manager and chief business officer Khalid Mahdi al-Ahbabi receiving the awards at the Islamic Business & Finance Awards 2014 in Dubai.
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