Aafaq Islamic Finance wins three global awards

The awards were based on nominations obtained from the Global website for the bank sector and financial audit which is specialised with measuring customer satisfaction with international companies and organisations.

By Staff Report (business@khaleejtimes.com)

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Published: Tue 23 Sep 2014, 10:21 AM

Last updated: Fri 3 Apr 2015, 7:18 PM

Dubai: In line with consecutive successes, Aafaq Islamic finance obtained three global awards for ‘Best Services Provider for Governmental Sector’, the ‘Best Services Provider for Non-Governmental Sector’, and ‘Fastest Growing Islamic Company in UAE 2014’.

The awards were based on nominations obtained from the Global website for the bank sector and financial audit which is specialised with measuring customer satisfaction with international companies and organisations. Such awards value would reflect invention, achievement, strategies and inspiring changes occurring within the global financial community.

Aafaq has accomplished such achievement as a result of providing strategic services for federal and local governmental departments. On the top of the list is the Ministry of Finance, Ministry of Labour, and Department of Economic Development Dubai which pushed the award creators to grant Aafaq the award for ‘Best Services Provider for Governmental Sector’.

Furthermore, Aafaq strategic relations with Tas’heel centers in the country, knowing that the company adopted such project since launching up until this moment. They also extended their branches to more than 26 Tas’heel centers that serve 350 thousand customers at least a month within all its branches widespread in such ministries and centers all over UAE through which services of labour guarantee issuance, E-Dirham and wages protection system are provided. Also, the services on paying fees to the Department of Economic Development Dubai, Air Arabia and flydubai allowed it to win the award of ‘Best Services Provider for Non-Governmental Sector’.

When it comes to the rapid growth Aafaq achieved, MD Shaikh Faisal bin Saoud Al Qassimi, indicated that the company achieved a growth record especially under the ever-increasing quantity and quality of in-house-developed products and services during this year. The company also attracted more distinguished strategic partnerships in different economic sectors and the growth ratio is still increasing. We expect more in the future especially that the company enjoys ambitious plans to acquire other business lines. All such combined reasons led to qualify the company to win the award of ‘Fastest Growing Islamic Company in UAE 2014’.

Aafaq winning the awards indicates that the company is continuing steadily on the right track in a way that fulfills the company’s shareholders, stakeholders and customers ambitions which enabled it to deserve such awards in appreciation to its constructive efforts, and in line with amazing economic developments witnessed by the UAE in general, and in the Emirate of Dubai in particular.

Shaikh Faisal bin Saoud Al Qassimi said: “We are happy to have such awards which were the result of efforts, perseverance and continuous work to provide non-traditional services which reflect a unique strategic cooperation with public and private business sectors and appreciate the distinguished efforts exerted this year to achieve unprecedented growth percentages in the history of the company.”

He added: “Moreover, such awards cannot be recognition of the company achievements only, but also an indication on expertise and professionalism levels provided by staff in order to give perfect, high and the best quality services and Islamic banking products for our customers, in addition to paying respect to customers.”


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