Running alongside the International Islamic Finance Forum (IIFF), a prestigious global gathering of the worldâs top Islamic finance experts, decision-makers, and thinkers held under the patronage of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, Ruler of Dubai, the IIFF Awards was designed to promote excellence in Islamic finance.
Each year, a jury consisting of luminaries in Islamic finance recognizes the contributions and achievements of Islamic finance institutions and service providers towards the growth of the Islamic finance sector.
This year, ITS, the global leader in ethical banking solutions, was chosen as the Best IT Solutions Provider on account of its cutting edge technologies and innovative solutions that enjoy wide preference among Islamic banks and financial institutions. âThis award is a further recognition of our passion for, belief in, and commitment to developing superior IT solutions that enable regional and global entities to deliver ethical financial services across a variety of platforms, including ethical (retail and corporate) finance, ethical investments, ethical delivery channels and other technical services,â said Khalid Faraj Al-Said, Managing Director and General Manager, ITS.
Al Said thanked the judges for acknowledging ITSâ contributions towards the development of the Islamic finance sector and vowed to raise the bar even further in developing IT solutions that will raise the standards of service and product excellence in Islamic finance. âThis award also serves as an inspiration for us to continue to innovate in keeping with the changing and challenging IT solutions required by banks and financial institutions in the Middle East, and the rest of the world,â he added.
The recognition is yet another addition to a growing list of international accolades ITS has received in the past, including being named in 2008 the Best Islamic Technology Provider by Islamic Finance News, the worldâs leading Islamic finance news provider; and the year before that the Best Universal Banking Solution Provider for 2007 award from the World Finance International Magazine, among other international citations.
ITS is a highly regarded IT solutions provider in the banking and finance sector, providing world-class and state-of-the-art, end-to-end information technology solutions and services to local as well as regional and international banks and financial institutions. In addition, ITS is the preferred IT partner of a number of regional and international brands in the telecommunications and higher education industries.