Barclays Capital recognised for outstanding Islamic Finance deals

Press release

Published March 3rd, 2011 - 09:43 GMT

Barclays Capital representatives receiving their awards

Barclays Capital received two awards at the Islamic Finance News Awards Ceremony 2011 which took place in Dubai.

Barclays collected the Sovereign Deal of the Year for participating in the Government of Malaysia USD 1.25 billion global Sukuk and was also awarded the Syndicated Deal of the Year for the Jubail Refinery USD 1.4 billion project financing.

Commenting on the industry recognition for its leading efforts in Islamic banking, Omar Selim, Head of Europe and EEMEA Distribution in Barclays Capital, said, “We are delighted to be recognised for our efforts in the Islamic banking space. This award clearly reflects our focus on Islamic finance and rewards our efforts over the last year in delivering bespoke, customised financial solutions to our clients.”

He added, “We are committed to offering a broad range of innovative and market-leading products and services to all of our clients around the world. We are proud of our achievements in the Islamic financing space and are committed to continuing to demonstrate our ability to structure innovative, tailor-made financing solutions in Islamic format.”

Dr. Dominic Selwood, who is responsible for Shariah compliant Islamic products within the Financial Institutions Structuring Group, collected the award last night at the IFN Industry Awards.

The winners of the Islamic Finance News Awards 2011 were determined through a voting system cast by industry participants, including financial services professionals, issuers, investors, non-banking financial intermediaries and government bodies from around the world.

Background Information

Barclays Capital

Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs.

Barclays Capital has offices around the world, employs 25,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide.