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Manama / Reuters
The 23rd annual World Islamic Banking Conference (WIBC) recognized excellence within the Islamic finance and banking industry at a high profile Gala Dinner at the beautiful ART Rotana Hotel, Amwaj Islands in Bahrain. WIBC Performance Awards were granted to the top Islamic financial institutions based purely on their performance at the global, regional and national levels.
Boubyan Bank came away with the Global, GCC and Kuwait region awards, testament to its strong performance in the financial metrics of the WIBC Leaderboard. WIBC Leader board, conceived by the conveners of the WIBC, Middle East Global Advisors, is a groundbreaking performance assessment tool aimed at enabling Islamic financial institutions to benchmark their performance against their peers. The Leaderboard formed the basis of the WIBC Performance Awards, which aggregates numerous financial metrics. Additionally, Ithmaar Bank bagged the Corporate Social
Responsibility (CSR) Award.
The Awards were delivered by H.E. Rasheed Mohamed Al Maraj, Governor of the Central Bank of Bahrain.
On the whole, the 23rd edition of the World Islamic Banking Conference was a smashing success with 3 days of insightful sessions, engaging discussions and great intellect with leading global players from the Islamic finance and banking industry.
The event saw the debut of a unique FinTech event – Enterprise Excellerate – that brought together digital banking leaders and FinTech entrepreneurs to the WIBC platform with innovative panels on the current trends that exist in the market and how the region can keep up with those trends.
The main conference of WIBC saw keynote speeches from 2 Governors and Deputy Governors, 2 C-level executives and 1 former diplomat, on the way forward for Islamic finance and the opportunities that still need to be explored by the industry, as well as innovations in this space.
The event also saw the exclusive launch of 5 intelligence reports by leading global organizations: Thomson Reuters, Ernst & Young and Simply Sharia Human Capital.