Qa'dah 19, 1431, Oct 27, 2010, SPA -- Well-known Saudi businessman Sheikh Saleh Kamel was last night named as the first winner of The Royal Award for Islamic Finance launched in June by the Malaysia International Islamic Financial Center (MIFC) and the Securities Commission Malaysia which honors “outstanding contribution of an exceptional individual in Islamic finance.” The award was presented in a ceremony in Kuala Lumpur in the presence of Sultan of Kedah Tuanku Alhaj Abdul Halim, and high-ranking officials. Kamel could not attend the ceremony in person but sent a video message thanking the Royal Award Jury chaired by Tun Musa Hitam and the Malaysian government for honoring him with the prestigious award. The award was accepted on his behalf by his son Moyhiddin Saleh Kamel, Arab News reported.