Masraf Al Rayan has won the 2015 World Islamic Banking Conference (WIBC) performance awards across all three categories — country, regional and global.
The WIBC performance awards are granted to the top financial institution based on their aggregate performance scores against multiple measures on a global, regional and country level.
Each financial institution receives an aggregate score based on weighted scores of three metrics: financial stability, financial performance and governance.
“The awards collectively reflect the strong financial performance of Masraf Al Rayan, its prudent strategy and flexible business model,” Nasser Raeissi, assistant general manager (Human Resources and Administration), said after receiving the award in Bahrain recently.
The Qatar Central Bank plays a major role through its constant work to support the banking sector via the development of clearly set and defined policies, laws and regulations that supports the Islamic banking industry to play a major role in economic development, he said.
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