Barwa Bank has been named the winner of the International Finance Magazine (IFM) Financial Awards for Qatar 2013 in the Best Islamic Bank, Fastest Growing Bank, Best Sukuk Arranger and Best Financial Website Design categories.The IFM Awards recognise and honour individuals and organisations in the international finance industry that make a significant difference and provide the highest standards of innovation and performance. Winning these four awards is a major accomplishment for Barwa Bank, which has grown significantly in both size and stature since its establishment in 2008.“We are honoured to be acknowledged by the IFM Financial Awards for Qatar 2013, which are a reflection of our commitment to growth and building an innovative and customer-focused Shariah-compliant bank that can lead the way in this growing sector. We have already been acknowledged as the Fastest Growing Bank in Qatar by Banker Middle East and Arabian Business and getting a similar award from IFM is further confirmation of our outstanding progress. We have had a lot to celebrate this year and intend to maintain our momentum as we go forward,” said Steve Troop, CEO of Barwa Bank.Barwa Bank’s expansion includes growing to encompass six branches in Qatar and integrating three other companies - First Investor, First Finance and First Leasing - in less than four years of operation, the bank has said in a statement. Receiving the Best Islamic Bank award is further confirmation of Barwa Bank’s mission, demonstrating that Islamic finance is both a credible and sound alternative to conventional banking, can be innovative and deliver an excellent customer service experience. According to the statement, Barwa Bank’s innovative approach has enabled it to create and communicate a unique brand image, which saw it receive the Best Financial Website Design award from IFM. Understanding today’s busy lifestyle and the need to keep things simple and streamlined, Barwa Bank’s website offers flexible, fast and tailored financial services to its customers. “These awards demonstrate that with hard work, ambition and good service, a young bank can become a leader in a short period of time,” said Troop.