Seera Investment Bank, a Shari’a compliant investment bank headquartered in Bahrain, won the Banker Middle East’s “Fastest Growing Bank in Bahrain” award at a ceremony held in Dubai.

The award was based on the quantitative analysis of key measures such as total income, net profit, return on assets and annual growth, said a statement.

According to CPI Financial who revealed the awards, rigor and greater transparency were introduced to the awards process through the undertaking of quantitative analysis to identify the region’s leading financial institutions.

Abdulla Janahi, Seera’s chief executive officer commented: “It is reassuring for Seera to win this award especially given that it was based on the analysis of the Bank’s results which we feel lends a great deal of credibility to this recognition”  - TradeArabia News Service