NCB Capital, a leading wealth manager and investment bank, has won the “Best Islamic Asset Management Company in the Middle East” Award 2011by Islamic Finance News.

“This win holds special significance since NCB Capital has been voted Best Islamic Asset Management Company by its peers in the investment world,” said Hamed Fayez, head of Asset Management at NCB Capital.

“Furthermore, coming on the back of previous awards in the same category, this prestigious mark of recognition demonstrates the staying power of NCB Capital’s team in what continues to be a challenging market.”

The Islamic Finance News Awards honour the best in the Islamic financial industry and are highly recognized by the global Islamic capital markets. The awards are decided by the IFN Asset Management Poll, which focuses on the rapidly developing global Islamic funds industry.

The poll drew a strong response from many of the Islamic finance industry’s leading investors, including high net worth individuals, institutional investors, sovereign wealth funds, money managers, private bankers, investment analysts, treasurers, insurance companies and other major investors. – TradeArabia News Service