Bahrain, 24 November 2010 – Professor Datuk Rifaat Ahmed Abdel Karim, Secretary-General of the Islamic Financial Services Board (IFSB) yesterday was the recipient of the 2010 Industry Leadership Award for Outstanding Contribution to Islamic Banking.
Convened under the Patronage of HRH The Prime Minister of the Kingdom of Bahrain, the World Islamic Banking Conference (WIBC) Awards are among the oldest and most prestigious in the world. Selection of the award recipient is based on a number of criteria assessed by the WIBC Awards Committee.
The Award was presented by HE Mr Rasheed Al Maraj, Governor of the Central Bank of Bahrain at the Gala Dinner and Awards Ceremony of the 17th Annual WIBC held in Bahrain.
In his acceptance speech, Professor Abdel Karim said, “I am truly honoured and privileged to be the recipient of the prestigious 2010 Industry Leadership Award for Outstanding Contribution to Islamic Banking. The Award certainly enhances my motivation to continue my contribution to the development of the Islamic financial services industry.”
Earlier this year, Professor Abdel Karim also received the Royal Malaysian Honorary Award of Darjah Kebesaran Panglima Jasa Negara (P.J.N.) which carries the title ‘Datuk’, the Prize of the Islamic Development Bank in Islamic Banking and Finance 1431H (2010) and the 2010 London Sukuk Summit Islamic Finance Award.