Mar 28 2011 |
more articles from
|
Noor Islamic Bank and Noor Takaful Recognized at Banker Middle East Product Awards 2011
Dubai-UAE: 28 March, 2011 - Noor Investment Group ( NIG ), the Dubai-based Shari'a compliant financial solutions group, today announced Noor Islamic Bank has been awarded for 'Best Business Product' and Noor Takaful for 'Best Insurance Product' at this year's edition of the Banker Middle East Product Awards.
Noor Islamic Bank 's Global Transaction Services unit was acknowledged for the outstanding results achieved by its latest service, the License Fee Collection facility for the Dubai Department of Economic Development. Noor Takaful was acknowledged for its online insurance products that proved popular across the country.
Hussain AlQemzi, CEO of Noor Islamic Bank and Group CEO of Noor Investment Group , said: "We are very honoured to have been acknowledged firstly by the nomination panel, and in turn, by our industry peers as the best providers of new business product and best insurance product for 2011. This underscores Noor Investment Group 's commitment to continuously aim high and provide our clients, both retail and corporate, with top-notch financial solutions."
Since the launch of the Noor brand in January 2008 with Noor Islamic Bank , followed by Noor Takaful in January 2009, the group has excelled in demonstrating its unique approach to providing contemporary Islamic finance solutions.
Noor Investment Group
Headquartered in Dubai,
Noor Investment Group
aims to offer state-of-the-art solutions that meet the current market needs of its consumers, stakeholders and partners. It does so while strictly abiding by the principles of Shari'a, duly supervised by a resident Shari'a Board, to ensure that all business practices stay truly and consistently Shari'a compliant.
The Company provides solutions in the sectors of consumer, corporate and investment banking, wealth and asset management, treasury, private equity, financial advisory and takaful (Islamic Insurance) services.
Noor Investment Group has the following subsidiaries:
- Noor Islamic Bank
- Noor Takaful
About
Noor Islamic
Bank
Established in 2007 in Dubai,
Noor Islamic Bank
is a full service bank delivering the broadest range of products for its customers, with an emphasis on unique and personalized services.
Noor Islamic Bank
's products and services are governed by a Shari'ah Board, comprising leading Islamic scholars with extensive experience and expertise in legal, financial and banking-related matters.
Noor Islamic Bank
has locations across the UAE in the Emirates of Abu Dhabi, Dubai, Sharjah. For further details, please visit: www.noorbank.com or call 800NOOR(6667).
Noor Takaful
Noor Takaful
is the Shari'a compliant insurance brand of
Noor Investment Group
LLC. Through its 2 entities Noor Takaful Family PJSC and Noor Takaful General PJSC, it offers a broad range of Shari'a compliant general and family takaful products.
Noor Takaful
's business model is founded on the Shari'a principle of wakalah.
Noor Takaful
administers the process of participation, manages collection of the takaful contribution and processes the claims according to the contract agreed with the participants. In addition,
Noor Takaful
will also act as a trustee for investing funds in Shari'a compliant structures to generate returns on the contribution paid.
Noor Takaful
aims to set new standards in the region's booming takaful industry with a focus on service innovation.
Noor Takaful
's products and services are governed by a Shari'a supervisory board comprising of well-known Islamic scholars.
For media enquiries, please contact:
Mohamed Tahboub
Associate Director, Finance Practice
JiWin Public Relations
An APCO Worldwide Company
Tel: +9714 3613598
Mob: +97150 157 6868
Email: Mohamed.tahboub@jiwin.ae
© Press Release 2011
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment