20/10/2017 11:01 AST

The largest Shariah bank in Malaysia and ASEAN in terms of total assets, Maybank Islamic Berhad won the Best Global Islamic Financial Institution award at the Global Finance Awards 2017 in Washington on Saturday (14/10) then.

Maybank Islamic Berhad is also recognized as the Best Global Sukuk Bank and Best Global Provider of Shariah-Compliant Short-Term Investments, as well as the Best Islamic Financial Institution in Asia Pacific and awards for Malaysia and Singapore.

The award ceremony took place in the midst of the IMF / World Bank annual meeting at the National Press Club, Washington DC on Saturday. The award was received by Maybank Group Head, Islamic Banking & Maybank Islamic Chief Executive Officer, Dato Mohamed Rafique Merican.

“We are honored to achieve recognition as the World’s Best Islamic Financial Institution, having won the Best in Asia Pacific Award for four consecutive years since 2012,” he said in a press release on Thursday (19/10).

He added that the last award is an acknowledgment of the commitment and capabilities shown by Maybank Group and Maybank Islamic in pursuing the aspirations of a major bank in Global Islamic.—Agencies


Pakistan Observers

Ticker Price Volume
SABIC 129.60 5,192,197
SAICO 15.12 247,494
BATIC 40.00 34,424
EIB 10.00 0
STC 87.60 206,773
QNBK 159.00 144,076
ALINMA 22.20 27,449,188
Index Closing Change
NIKKEI 225 22,697.88 -66.80 (-0.29%)
DAX 12,561.42 -124.87 (-0.98%)
S&P 500 2,801.83 -2.66 (-0.09%)
EU to curb steel imports after Trump tariffs

19/07/2018

The European Union will launch measures on Thursday designed to prevent a surge of steel imports into the bloc following the US imposition of tariffs on incoming steel and aluminium, the EU's officia

Times of Oman

Global life sciences market on track to hit $1.5trn

19/07/2018

Healthcare digitization and consumerization, the explosion of patient data, and the emergence of value-based reimbursement models, are driving the global life sciences industry towards the $1.5 trill

Trade Arabia

Japan, EU sign free trade pact amid worries about Trump

18/07/2018

Japan and the European Union signed a wide-ranging free trade deal on Tuesday that both sides hope will act as a counterweight to the protectionist forces unleashed by U.S. President Donald Trump.

The Peninsula

Japan, EU to sign widespread trade deal eliminating tariffs

17/07/2018

The European Union and Japan are signing a widespread trade deal Tuesday that will eliminate nearly all tariffs, seemingly defying the worries about trade tensions set off by President Donald Trump’s

Arab News

Strong US retail sales brighten economic outlook

17/07/2018

US retail sales rose solidly in June as households boosted purchases of automobiles and a range of other goods, cementing expectations for robust economic growth in the second quarter.

Sig

The Gulf Today