CIMB Islamic Bank clinches Best Overall Islamic Bank award

Written by Lam Jian Wyn
Friday, 08 January 2010 16:42
www.theedgemalaysia.com

KUALA LUMPUR: CIMB Islamic Bank Bhd has clinched the “Best Overall Islamic Bank” award by the 5th Annual Islamic Finance News (IFN) Awards Poll 2009.

The bank said on Friday, Jan 8 that it had also clinched several awards in the same poll, which were the "Most Innovative Islamic Bank" and "Best Islamic Bank in Malaysia".

The bank also recorded a first when it was named the "Best Islamic Wealth Management Provider", whereas CIMB-Principal Islamic Asset Management was voted the "Best Islamic Fund Manager".

The group head of Islamic banking division of CIMB Group and chief executive officer of CIMB Islamic Badlisyah Abdul Ghani said: "Despite the tough economic environment, the year 2009 has been a rewarding for us, as we saw strong growth of our Islamic finance business across all market segments regionally."

In the IFN Awards Poll, readers choose the best Islamic financial services providers across a series of markets and sectors. IFN readers comprise of Islamic finance issuers, investors, non-banking financial intermediaries and government bodies from around the world.


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CIMB Islamic Bank clinches Best Overall Islamic Bank award