Manama: Al Baraka Islamic Bank B.S.C (c) has been awarded the “Asset Manager of the year Bahrain” by Global Investor/ISF at the 2014 Middle East Capital Market Summit held at the Atlantis Hotel, Dubai.
The award was received by Mohamed Issa Al Mataweh Member of the Board of Directors and Chief Executive Officer of Al Baraka Islamic Bank during the Award Ceremony.
The annual Global Investor/ISF Middle East awards celebrated the best of the region’s financial services industry including asset management and asset servicing, and the winners are decided by the editorial panel of the Global Investor/ISF magazine in partnership with industry experts from around the region. The entries were judged on performance as well as qualitative and structural criteria.
“It is a great honor to receive this prestigious award. Al Baraka Islamic Bank follows a prudent strategy in managing it assets that aiming at maximizing the social return on investment through diversifying risks and maintaining good liquidity and at the same time servicing the Sharia goals, which the Bank committed to in all its businesses and activities. This award is yet another testimonial to the Bank’s continued progress and distinguished achievement,” Al Mataweh, said.