UAE – aafaq Islamic Finance, a leading provider of Islamic finance products and e-government services in the UAE, has announced that its CEO, Dr. Mahmoud Abdalaal, has been bestowed with the Islamic Financial Services Award at the 6th Middle East Business Leaders Award (MEBLSA) held recently at the Armani Hotel Dubai at Burj Khalifa. Dr. Abdalaal was honoured for his exemplary leadership and immense contribution towards helming greater heights and global recognition.
MEBLSA 2015 is a platform for corporate leaders to network while sharing their best experiences and providing valuable insights on particular aspects of the business world. The award recognises the achievements of the region’s leading business leaders across all industry sectors and honours their outstanding contributions towards the region’s economic growth and development. Dr. Abdalaal is among the 25 individual visionary recipients and companies from 10 Asian and GCC countries who have made an impact in their trade line and global markets, contributing extensively to the growth of their establishments.
Dr. Abdalaal said: “It is a tremendous honour to be named among the region’s business luminaries at the Middle East Business Leaders Awards 2015. In under a decade of its establishment, aafaq Islamic Finance has positioned itself as a leading provider of innovative Shari’a compliant Islamic financial solutions in the UAE. Islamic economy continues to expand at a steady pace and holds immense potential in providing further financial stability and development to the region. Under the directives of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, the emirate has achieved the status of the Global Capital of Islamic Economy and through our products and services, we strive to take his vison forward. Rest assured, the award serves as a motivation to continue the good work to make aafaq Islamic Finance a globally recognised organization in Islamic finance.”
Established in 2006, aafaq Islamic Finance provides Shari’a compliant Islamic financial services and products across the UAE and the region. It is one of the few finance companies in the UAE that enjoy full autonomy and is listed under all major financial institutions that offer high-quality financial services. The company focuses on exploring available opportunities in various business sectors in order to provide the highest returns for its shareholders. aafaq has established strategic partnerships with the UAE Ministry of Finance, UAE Ministry of Labour, the Department of Economic Development – Dubai (DED), and Dubai Multi Commodities Centre (DMCC), among others.