Noor Bank wins ‘Best Priority Banking Award’ at Islamic Business & Finance Awards 2016

Press release

Published November 28th, 2016 - 08:28 GMT

During the event

Noor Bank, a leading Shari’a compliant bank in the UAE, announced today that it won the ‘Best Priority Banking – UAE’ award from the ‘Islamic Business & Finance Awards 2016’ hosted by the prominent publisher, CPI Financial. The Islamic Business & Finance Awards recognise the best and most innovative organisations driving the development of the sector globally.

The award was collected by Dr Ahmed Aljanahi, Deputy CEO, Noor Bank, on behalf of the bank at the Emirates Towers Hotel, Dubai.

Speaking about the win, Mr Hussain Al Qemzi, CEO, Noor Bank said: “We are pleased to receive this esteemed award, which recognises our strong, personalised and Shari’a compliant portfolio of Priority services. Priority Banking has always been one of our core businesses and will continue to be a strategic focus for us going forward. At Noor Bank, we strive to provide our affluent customers with the best solutions to suit their individual financial requirements.”

Noor Bank won the award after an online voting process which included more than 40,000 votes, by Islamic finance practitioners across the world, as well as registered users of the CPI Financial website. Noor Bank was initially shortlisted for voting on the website after extensive research on its Priority Banking proposition by CPI Financial’s team of experts. Occurring for the 11^thconsecutive year, the annual awards ceremony is widely recognised as one of the most prestigious industry events within the region.

Noor Bank’s Priority business which caters to high net worth individuals provides personal attention to each of these customers via certified and dedicated Priority Relationship Managers. They in turn are supported by a team of experts including investment advisors, credit analysts and treasury specialists to help customers with strategies to protect and grow their wealth as well as a dedicated service team and these clients are serviced in the dedicated Priority lounge provided for them.

Background Information

Noor Bank

Noor Bank (formerly Noor Islamic Bank) was established in January 2008, in Dubai - United Arab Emirates.

Among the youngest banks in the country, Noor Bank has achieved significant growth in the past 10 years. Today, in 2018, as we continue to grow, we are ranked the 11th largest bank in the UAE in terms of asset size.

Noor Bank is a full-service Shari’a-compliant bank, offering a comprehensive range of products and services - in corporate and personal banking, wealth management, Takaful (Islamic insurance), treasury and trading. We have a presence across the country, at multiple locations in Abu Dhabi, Dubai, Sharjah and Al Ain.