DDCAP Limited was honoured again with the ‘Award of Excellence for Best Structuring Intermediary in Debt Capital Markets’ at the 7th London Sukuk Summit Awards for 2013, which was held on the evening of the 12th June 2013 at the Jumeirah Carlton Hotel at a Gala Awards Dinner, hosted by the organizer, ICG-Events.
The Award was presented to Stella Cox, Managing Director of DDCAP Limited, by Mushtak Parker, Editor of Islamic Banker, who was the compere for the evening’s proceedings.
Once again the Awards proved highly successful with Qatar, Turkey and Malaysia receiving the three main honours.
The main objective of the Awards is to recognize the outstanding contribution by and achievements of individuals, institutions, supranationals and financial centres serving the global Islamic financial services industry, especially the proliferating global Sukuk market.
Indeed, in recognition of its proactive support of the Islamic finance industry both at home and abroad, and especially through its current Chairmanship of the Governing Councils of both the Islamic Financial Services Board (IFSB) and the International Islamic Liquidity Management Corporation (IILM), the Qatar Central Bank (QCB) was honoured with the ‘Award of Excellence for Outstanding Contribution by a Regulator to Islamic Financial Services’.
The Award was received by Sheikh Khalid Bin Saoud Al-Thani, Director of the Financial Stability Department, QCB, on behalf of Sheikh Abdullah Saoud Al-Thani, QCB Governor.
The Awards Organizer also honoured two individuals who have contributed extensively to the development of Islamic financial services and capital markets over the last two decades.
Professor Rifaat Ahmed Abdel Karim, CEO, International Islamic Liquidity Management Corporation (IILM), was honoured with ‘The Award of Excellence for Outstanding Contribution to the Development of the Islamic financial Services Industry’. Professor Rifaat, who is widely known as one of the pioneers of the architecture of the global industry, was the inaugural Secretary General of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and of the IFSB, where he played a crucial role in introducing accounting standards and prudential and supervisory standards respectively for the Islamic finance industry.
Similarly, Dr Nik Ramlah Mahmood, Deputy Chief Executive, Securities Commission Malaysia, was honoured with ‘The Award of Excellence for Outstanding Leadership in Islamic Capital Market Regulation.“ This individual Award recognizes her more than 18 years contribution to the development of Islamic capital markets regulation and enforcement; regulatory reform, product and market development; and investor education in Malaysia.
Another key accolade was ‘The Award of Excellence for Best Islamic Finance Centre’, which this year was won by Istanbul, Turkey.
Picture below: Stella Cox collects DDCAP’s award.