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04
Feb '18

Sharjah Islamic Bank wins the Sharjah Top 10 GCC Business Award The Sharjah Chamber of Commerce and Industry’s annual award

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Sharjah Islamic Bank wins the Sharjah Top 10 GCC Business Award

The Sharjah Chamber of Commerce and Industry’s annual award

 

Sharjah Islamic Bank, a prominent National Bank in the UAE, has won the Sharjah Top 10 GCC Business Award 2017. The bank was praised in recognition of its significant contribution to private investment in the GCC business sector and its active role in supporting Islamic banking by offering high-quality services.

 

The annual award is granted by Sharjah Chamber of Commerce and Industry in collaboration with the Sharjah Economic Excellence Network (ShjSEEN) Award.

 

HE Mohammed Abdullah, CEO of Sharjah Islamic Bank, expressed his sincerest appreciation towards the organisers for their great efforts in supporting GCC businesses and encouraging them to improve their competitiveness as the driving force for economic growth in the GCC countries, in addition to being the catalyst for GCC integration.

 

He added: “It is our pleasure and pride to win the Sharjah Top 10 GCC Business Awards. We believe that a culmination of our efforts and of the other winners combined is in adherence to the highest standards of quality in service and product delivery. It acknowledges the strategic vision and substantial experience of the bank, in addition to its outstanding management team, and their beliefs in the principles of Islamic banking”.

 

Launched by Sharjah Chamber of Commerce and Industry last year, the Sharjah Top 10 GCC Business Award is one of the major non-profit awards in the region. It is aimed at promoting creativity and contributing to the development of the economic role of the private sector and GCC business communities. The award embraces the European Foundation for Quality Management (EFQM) Excellence Model, which is a comprehensive management framework used by over 30,000 organisations around the world to support businesses implement the quality model.

 

Additionally, the Sharjah Economic Excellence Network Award is aimed at helping the public and private sector establishments in Sharjah and the GCC improve their performance by establishing a model for excellence. It also aims at encouraging them to enhance work and enabling the growth of commerce by providing training and assessment tools established by professional experts and consultants.

 

The award is presented to winners in 6 categories, namely the “Sharjah Top 10 Business Award,” the “Sharjah UAE Start-ups Award,” the “Sharjah Entrepreneurs Award,” as well as the “Sharjah Green Award,” the Sharjah Corporate Social Responsibility Award,” and the “Sharjah Top 10 GCC Business Award”.

 

Aimed at promoting corporate governance, the award encourages the adoption of quality standards and business code of ethics. This develops corporate social responsibility across the private sector, encouraging eco-friendly practices and strengthening the role of business community in achieving sustainable development.

 

SIB is the winner of numerous prestigious awards including the Insights Middle East Call Centre Award 2015 for Best IVR Process and the Mohammed bin Rashid Al Maktoum Business Award in the Financial Services category. SIB was also named Best Islamic Bank in Sukuk Structuring at the 2015 Arab Banks & Commendations of Excellence Awards, in appreciation of its achievements in the regional Islamic banking sector. SIB was recognised by Abu Dhabi Securities Exchange (ADX) and received many more awards and accolades in acknowledgement of its achievements in the regional Islamic banking.

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