The Global Islamic Finance Awards (GIFA) committee at a highly prestigious ceremony held on 17 Dec. in Muscat, has named the ADCB Islamic Banking as the most improved Islamic Bank in the UAE. The awards were presented at the Oman Islamic Economic Forum (OIEF) bringing together leaders from around the globe, including keynote speaker Tun Abdullah Badawi, the former prime minister of Malaysia. “We are honoured and delighted to receive the most improved Islamic bank in the UAE award for 2011,” Amr Al Menhali, Head of ADCB Islamic Banking, said. “The award rightly recognizes the leading position of ADCB and its success in raising the benchmark for Islamic banking in the region.” ADCB Islamic Banking offers a complete suite of Shariah-compliant products designed specifically to cater to the needs of consumers that are key to the health of the UAE economy. The award is subsequent to the milestone ADCB Islamic Banking has achieved, the fact acknowledged by the reputed worldwide Shariah governing body which in a letter of appreciation has positioned ADCB Islamic Banking as a role model for Islamic Banks worldwide. The OIEF proudly assembles a diversity of financial practitioners, academicians, business leaders and policy