The 25th World Islamic Banking Conference (WIBC), the largest and longest-running gathering of Islamic banking and finance leaders in the world, recognised excellence within the Islamic finance and banking industry at a gala dinner yesterday.

 

Five WIBC Performance Awards were given away by Khalid Hamad Abdulrahman Hamad, executive director of banking supervision, Central Bank of Bahrain, to the top performing Islamic financial institutions based on their performance in the WIBC Leaderboard – a groundbreaking performance assessment tool aimed at enabling Islamic financial institutions to benchmark their performance against their peers.

 

Kuwait Finance House bagged the Global and GCC region awards, testament to its strong performance in the financial metrics of the WIBC Leaderboard. 

 

Abdulhakeem Al Khayyat, the managing director and CEO at KFH-Bahrain, said: “On behalf of Kuwait Finance House group, we are honoured to have won these two prestigious awards. As well as, express great pride in our platinum sponsorship of the 25th edition of the World Islamic Banking conference, which is considered to be the largest gathering of leaders within the Islamic finance world.”

 

Other winners include:

 Best Performing Islamic Bank - Levant: Jordan Islamic Bank

 The Governance & CSR Award: Bahrain Islamic Bank

 Award for Fastest Growing Bank (By Asset Growth): Warba Bank

 

Since its inception 25 years ago, The World Islamic Banking Conference has been a significant contributor to enhancing growth, excellence and innovation in the global Islamic Finance and Banking industry. 

 

Over 1,000 industry leaders from various markets comprising the Middle East, Africa, Asia, Europe and America congregated from November 26 to 28 in Bahrain - the host nation of WIBC for the past two decades and one that has emerged as a global leader in Islamic finance.

 

The conference also witnessed the launch of Emerico’s R35 Self-Service Robot. Outfitted with an ultrasonic sensor on each side coupled together with an internal GPS tracker, the R35 is able to manoeuvre intelligently across the floor and greet patrons to assist them with various tasks. - TradeArabia News Service