Awards

March ’09NIB is recognized as one of the Top 20 Performers in the UAE by Newsweek magazine
February ‘09NIB is awarded the following from Islamic Finance News:
    * Best Tawarraq deal of 2008 – Dubai Financial Group
    * The best structured deal of 2008 – Sourouh (Sun Finance)
    *  UAE Deal of the year 2008 – Sourouh (Sun Finance)
December ‘08NIB is awarded the Dubai Holding Annual Award (MADHAA) for Best Launch of the Year 2008

NIB is ranked 1st in the 2008 Bloomberg list of Shari’a compliant lead arrangers (globally) and 3rd on the list of leading global
Islamic finance bookrunners

NIB is ranked 1st in the Thomson Reuters Islamic bookrunner and arranger categories
August ‘08NIB completes a $1.5 billion syndicated financing for Dubai Financial Group, amounting to the largest commodity Murabaha transaction in history
May ‘08NIB receives the ‘BPM Excellence Award’ from Ultimus

NIB becomes the first bank in the Middle East to operate a 24 hour, staffed branch
April ‘08NIB is recognized as the ‘Best New Islamic Bank’ by Islamic Finance Forum
February ‘08NIB is recognized for the fastest implementation of a core banking system by Oracle / iFlex