Friday, May 15, 2015
Dubai: Emirates Islamic and Nasdaq Dubai have announced that the Nasdaq Dubai Murabaha platform has won the prestigious Euromoney Award for Innovation in Islamic Finance 2015. The Nasdaq Dubai Murabaha platform is a visionary initiative by Nasdaq Dubai and Emirates Islamic (EI) and its subsidiary Emirates Islamic Financial Brokerage (EIFB). The platform provides a unique solution for EI and other financial institutions and their corporate and individual customers to conduct Islamic financing transactions in a streamlined, flexible and transparent manner. In less than a year since its launch, the platform has achieved rapid growth, with transactions turnover exceeding AED 31 billion.
The Euromoney Islamic finance awards are widely regarded as benchmark awards for the global Islamic finance industry. The awards are judged on innovation, quantity and quality, cross border, and promoting the growth of the industry. Nominees are selected and judged by an expert in-house panel comprising Euromoney’s Editor, journalists covering the region and the head of the awards research department.
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