TID gains recognition for Aston Martin acquisition

DUBAI — Kuwait's The Investment Dar (TID) has received international recognition for its lead in the landmark £479 million acquisition of the Aston Martin Car Company in the UK at the inaugural Islamic Finance Awards at the London Sukuk Summit which was held at the Royal Horse Guards Hotel in Whitehall on 20 June 2007.



TID received 'The Most Innovative Islamic Financing Transaction' Award for the Aston Martin acquisition. Five other Awards were also given including one for 'Outstanding Contribution to the Development of an Islamic Capital Market' to Dr Zeti Akhtar Aziz, Governor of Bank Negara Malaysia, the central bank, for her role in establishing Malaysia as the most developed Islamic capital market in the world; and one for 'Outstanding Contribution to the Development of Islamic Finance in the UK' to Lord George of St Tudy, the former Governor of the Bank of England.


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