Adnan Ahmed Yousif, president and chief executive of Al Baraka Banking Group and chairman of the Union of Arab Banks was recently awarded the “2012 Lariba Award for Excellence in Achievement” in Dallas.

The award was bestowed in recognition of his leadership role in consolidating and operating the largest Islamic Banking Group in the world: Al Baraka Banking Group, and continuing the pioneering work started by Sheikh Saleh Abdulla Kamel, chairman of Al Baraka Banking Group.

The award ceremony was part of a one-day International Symposium on Islamic Banking and Finance which was concluded by a gala dinner to recognize the awardees.

The symposium covered many issues in the fields of monetary theory, Riba-Free economics, prohibition of Riba in other faiths and strategies to popularize a Riba- Free life style especially in the US among all people of faiths.

“This award gives us the resolve and determination to proceed with the service of the Kingdom of Bahrain and its aspirations to enhance the bright image of Islamic Banking sector, in which we are pioneer regionally and internationally,” said Yousif. – TradeArabia News Service