Thomson Reuters, a leading source of intelligent information, said it has been named the “Best Research House” by The Asset Triple A Islamic Finance 2015 Awards.

The Asset, a leading regional financial trade magazine, holds an annual awards recognising Asia’s most outstanding Islamic financial institutions and issuers, service providers and landmark transactions.

Thomson Reuters received the award for its ground-breaking Islamic finance reports that enhance the transparency, clarity and accessibility of Islamic finance to the global audience of businesses and professionals, said the statement.

It has published more than 15 Islamic finance reports in the past three years. The most recent report is the Global Islamic Asset Management Outlook 2015 which studies key challenges for the Islamic asset management industry and presents growth forecasts for the sector up to 2019, said the statement.

Nadim Najjar, managing director of Thomson Reuters, Middle East and North Africa (Mena), said: “We are proud to receive this recognition. Our Islamic finance information solutions cover all major financial markets in Organisation of Islamic Cooperation (OIC) countries and beyond.”

“Furthermore, our coverage includes Shariah-compliant equities, sukuk, commodities, foreign exchange and provide effective Shariah compliance and risk management, Islamic asset management and wealth management solutions,” he added.

Sayd Farook, global head of Islamic capital markets, said: “Thomson Reuters leverage its extensive data sets and network to produce research projects focused on various markets, asset classes or different aspects of the Islamic finance industry.

“In 2015, we are widening our scope to also cover more developed Islamic finance markets to assess their development; to this effect Malaysia and Indonesia Islamic finance country reports will be launched during the year,” he added. -  TradeArabia News Service