Barclays Capital, the investment banking division of Barclays Bank, received two awards at the recent Islamic Finance News Awards Ceremony 2011 which took place in Dubai.

Barclays collected the Sovereign Deal of the Year for participating in the Government of Malaysia $1.25 billion global sukuk and was also awarded the Syndicated Deal of the Year for the Jubail Refinery $1.4 billion project financing.

“We are delighted to be recognised for our efforts in the Islamic banking space. This award clearly reflects our focus on Islamic finance and rewards our efforts over the last year in delivering bespoke, customised financial solutions to our clients,” said Omar Selim, head of Europe and EEMEA Distribution in Barclays Capital.

“We are committed to offering a broad range of innovative and market-leading products and services to all of our clients around the world.  We are proud of our achievements in the Islamic financing space and are committed to continuing to demonstrate our ability to structure innovative, tailor-made financing solutions in Islamic format,” he added.

The winners of the Islamic Finance News Awards 2011 were determined through a voting system cast by industry participants, including financial services professionals, issuers, investors, non-banking financial intermediaries and government bodies from around the world. – TradeArabia News Service