Barwa Bank wins multiple awards

Barwa Bank has been named the winner of the Global Banking & Finance Review Awards 2013 for Fastest Growing Islamic Bank, Best Premium Islamic Card, Best Sukuk Manager, Most Innovative Shariah-Compliant Product and Best Internet Bank in Qatar.

The Global Banking & Finance Review Awards honour companies that stand out in particular areas of expertise in the banking and finance industry.

The awards are based on innovation, achievement and excellence that contestants have brought to the marketplace.

Steve Troop, CEO of Barwa Bank, said: “We are very proud to have won five awards from Global Banking & Finance Review and are especially pleased to be nominated as the winner of this year’s Best Internet Bank in Qatar award. Internet banking is an area where we continue to invest heavily as part of our commitment to continuous improvement in customer experience, offering the ability to conduct banking transactions anywhere, anytime.”

This is the second time this year that Barwa Bank has been recognised as the Fastest Growing Islamic Bank in Qatar and is also pleased to win both the Best Premium Islamic Card and Most Innovative Shariah-Compliant Product awards, it said in a statement.  

Both awards are a testament to the bank’s strategy of providing a new Shariah-compliant experience — featuring innovative products and first-class service — while at the same time aligned with its customers’ ethical beliefs, the statement adds.

The Best Sukuk Manager in Qatar award acknowledges Barwa Bank’s successful positioning as a key player in the Islamic capital markets with a succession of high-profile arranger positions since 2012, according to the statement.

Islamic capital markets are experiencing rapid growth globally and receiving growing attention from non-Islamic investors. Going forward, Barwa Bank intends to develop this market segment, the statement adds.