DOHA: Masraf Al Rayan, a leading bank in Qatar and the region, has won the 2015 World Islamic Banking Conference (WIBC) Performance Awards across all three categories- country, regional and global.
The World Islamic Banking Conference 2015 was held on December 2 in Bahrain. More than 1,200 senior participants from different international financial and banking sectors took part in the two-day conference under the banner “Exploring new realities and new opportunities”, with emphasis on finding ways of using modern technology and social communication networks in the Islamic financing sector.
The WIBC Performance Awards are the top awards for the World Islamic Banking Conference and are granted to the top financial institution based on their aggregate performance scores against multiple measures on a global, regional and country level. Each financial institution receives an aggregate score based on weighted scores of three metrics: Financial Stability, Financial Performance & Governance and Social Responsibility.Masraf Al Rayan was granted three performance awards received on behalf of the Bank by Nasser Raeissi – Assistant General Manager - Human Resources & Administration.
“The three awards collectively reflect the strong financial performance of Masraf Al Rayan, its prudent strategy and flexible business model. Bank’s performance was made possible by Qatar’s leadership and vision towards Islamic banking,” said Raeissi.
The Peninsula
