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	<title>International Finance Awards Archives - International Finance</title>
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	<title>International Finance Awards Archives - International Finance</title>
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		<title>KFH Capital sets new bar in Shariah trading</title>
		<link>https://internationalfinance.com/asset-management/kfh-capital-sets-new-bar-in-shariah-trading/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=kfh-capital-sets-new-bar-in-shariah-trading</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Tue, 29 Sep 2026 04:10:49 +0000</pubDate>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[IF Exclusive]]></category>
		<category><![CDATA[Boursa Kuwait]]></category>
		<category><![CDATA[Equity Trading Finance Product]]></category>
		<category><![CDATA[International Finance]]></category>
		<category><![CDATA[International Finance Awards]]></category>
		<category><![CDATA[International Finance Awards 2026]]></category>
		<category><![CDATA[KFH Brokerage Company]]></category>
		<category><![CDATA[KFH Capital]]></category>
		<category><![CDATA[KFHtrade]]></category>
		<category><![CDATA[Kuwait Asset Management]]></category>
		<category><![CDATA[Kuwait Finance House Group]]></category>
		<category><![CDATA[Sharia Investment]]></category>
		<category><![CDATA[sharia-compliant]]></category>
		<category><![CDATA[Sharia-Compliant Investment Solutions]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=58433</guid>

					<description><![CDATA[<p>KFH Capital serves individual, high-net-worth, and institutional clients through Sharia-compliant investment solutions, and online trading platform KFHtrade</p>
<p>The post <a href="https://internationalfinance.com/asset-management/kfh-capital-sets-new-bar-in-shariah-trading/">KFH Capital sets new bar in Shariah trading</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>KFH Capital, the investment arm of Kuwait Finance House (KFH) Group, offers asset management, brokerage, and trading services across Kuwait and the wider region. The company serves individual, high-net-worth, and institutional clients through a range of Sharia-compliant investment solutions, and operates KFHtrade, its proprietary online trading platform.</p>
<p>Backed by the scale and governance standards of Kuwait Finance House, KFH Capital has built its reputation on combining strict adherence to Islamic finance principles with continuous investment in digital infrastructure, product innovation, and client experience across its asset management and trading businesses.</p>
<p>KFH Capital has picked up two honours at the <b><i>International Finance Awards 2026:</i></b> Fastest Growing Asset Management Company – Kuwait, and Best Shariah-Compliant Trading Platform – Kuwait, awarded to its proprietary platform, KFHtrade.</p>
<p>Over the past 18 months, both businesses have expanded quickly, driven by a client-first strategy, sustained investment in digital infrastructure, and a steady stream of new, Sharia-compliant products for individual, high-net-worth, and institutional investors.</p>
<p><b>A Client-First Growth Story<br />
</b>KFH Capital&#8217;s Asset Management Division has grown its assets under management and expanded its client base substantially over the award period, reflecting rising trust from investors across Kuwait and the region.</p>
<p>Much of that growth has come from a deliberate redesigning of the client journey: onboarding and account-opening procedures have been simplified and digitised, cutting processing times while preserving strict governance, compliance, and risk management standards.</p>
<p>Enhanced digital platforms now give clients clearer visibility into their portfolios and greater control over how they monitor and manage their investments.</p>
<p>Product innovation has reinforced this momentum. During the award period, KFH Capital launched the Equity Trading Finance Product on Boursa Kuwait, a pre-approved, Sharia-compliant financing solution offered exclusively to Kuwait Finance House clients that gives investors more efficient access to capital for equity trading.</p>
<p>The division has also broadened its discretionary portfolio management (DPM) offering with a global mandate, giving clients wider access to international markets as part of its Sharia-compliant investment solutions, expanded its market-making capabilities, broadened its client base, and strengthened liquidity across listed securities, and supported the marketing and distribution of several sukuk issuances, widening investor access to quality Sharia-compliant fixed-income opportunities.</p>
<p>Digital transformation has been a central thread across this growth. KFH Capital has invested heavily in digital capabilities that improve transparency and operational efficiency, while staying active in Boursa Kuwait&#8217;s infrastructure enhancement initiatives through both KFHtrade and the group&#8217;s brokerage arm, KFH Brokerage Company.</p>
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<p>That involvement keeps the company positioned for further market evolution while reinforcing its reputation for reliability and regulatory excellence.</p>
<p><b>Kuwait&#8217;s Benchmark for Shariah-Compliant Online Trading<br />
</b>KFHtrade, KFH Capital&#8217;s proprietary online trading platform, has become the reference point for Sharia-compliant digital investing in Kuwait, giving retail, high-net-worth, and institutional clients transparent access to Boursa Kuwait, regional markets, and US markets.</p>
<p>Backed by the scale of Kuwait Finance House, the platform has recorded consistent growth in active trading accounts and trading volumes that has outpaced the broader market, alongside client retention and satisfaction levels that reflect its promise of simplicity, speed, and compliance.</p>
<p>Over the past 12 to 18 months, KFHtrade has introduced a series of firsts for the local market: a single screen for trading across multiple markets simultaneously, instant currency transfers within the platform, and direct integration with KFH bank accounts that allows clients to fund or withdraw from their trading accounts in real time.</p>
<p>Account opening and KYC updates can now be completed entirely online, removing the need for branch visits and reducing turnaround times across every stage of the client journey.</p>
<p>Underpinning all of this is a commitment to Sharia compliance as a foundation rather than an add-on: every product and process on KFHtrade is structured and continuously reviewed against Islamic finance principles.</p>
<p>That combination of compliance and digital innovation, according to KFH Capital, is what has allowed the platform to move quickly without asking clients to compromise on their values.</p>
<p>KFH Capital regards both recognitions as a checkpoint rather than an end point.</p>
<p>The company plans to keep expanding its asset management offering, diversify beyond its current concentration in the US and UK markets, and continue building on KFHtrade&#8217;s digital foundation as it works to strengthen its position as one of Kuwait&#8217;s most trusted Sharia-compliant investment institutions.</p>
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<p>The post <a href="https://internationalfinance.com/asset-management/kfh-capital-sets-new-bar-in-shariah-trading/">KFH Capital sets new bar in Shariah trading</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>A team achievement: Almamoon earns global recognition for health insurance innovation</title>
		<link>https://internationalfinance.com/insurance/a-team-achievement-almamoon-earns-global-recognition-for-health-insurance-innovation/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=a-team-achievement-almamoon-earns-global-recognition-for-health-insurance-innovation</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Wed, 23 Sep 2026 04:00:31 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[IF Exclusive]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Almamoon]]></category>
		<category><![CDATA[Almamoon Health Insurance]]></category>
		<category><![CDATA[Almamoon Insurance Broker]]></category>
		<category><![CDATA[health insurance]]></category>
		<category><![CDATA[International Finance Awards]]></category>
		<category><![CDATA[International Finance Awards 2025]]></category>
		<category><![CDATA[Mamdouh Tantawi]]></category>
		<category><![CDATA[Vision 2030]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=58353</guid>

					<description><![CDATA[<p>Since receiving its operating license in 2008, Almamoon has established itself as one of the pioneering Saudi companies in the insurance sector</p>
<p>The post <a href="https://internationalfinance.com/insurance/a-team-achievement-almamoon-earns-global-recognition-for-health-insurance-innovation/">A team achievement: Almamoon earns global recognition for health insurance innovation</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Almamoon Insurance Broker, one of Saudi Arabia&#8217;s pioneering health insurance brokerage firms, has been named the <b>Most Innovative Health Insurance Broker in Saudi Arabia</b> at the recently concluded <b>International Finance Awards 2025.</b></p>
<p>For the Almamoon team, this recognition carries particular significance. It is not the achievement of an individual or a single initiative; it is the culmination of years of deliberate, collective effort by every member of the organisation, from client-facing advisors and claims specialists to technology teams and operational staff who work behind the scenes every day.</p>
<p>Since receiving its operating license in 2008, Almamoon has established itself as one of the pioneering Saudi companies in the insurance sector.</p>
<p>Over the years, the company has steadily expanded its capabilities, its certifications, and its ambitions.</p>
<p>Today, Almamoon holds ISO 9001 and ISO 10002 certifications — reflecting its commitment to quality management and client satisfaction — as well as a Sharia compliance certificate from the Sharia Review House LLC, affirming the firm&#8217;s adherence to Islamic principles in all its operations.</p>
<p>In 2024, the company achieved another landmark by obtaining an electronic insurance brokerage activity license, further positioning it at the forefront of digital transformation within the sector.</p>
<p>The company&#8217;s growth is driven by a fundamental philosophy that the Almamoon team embodies every day: a broker&#8217;s value is not determined by the number of policies written, but by the quality of outcomes provided to the clients they serve.</p>
<p><b>Technology In Service Of People<br />
</b><img fetchpriority="high" decoding="async" class="alignright size-full wp-image-58357" src="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-0.webp" alt="Almamoon" width="440" height="320" srcset="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-0.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-0-300x218.webp 300w" sizes="(max-width: 440px) 100vw, 440px" />One of the defining features of Almamoon&#8217;s innovative approach is its integration of technology not as an end in itself, but as a means of enhancing the human experience of health insurance.</p>
<p>Secure API integrations connect directly to leading insurers, reducing turnaround times and minimising errors, while Microsoft Power BI dashboards transform raw claims data into visual insights — enabling HR and finance teams to make informed, data-driven decisions.</p>
<p>In practice, this means that a corporate HR manager can access real-time claim statuses, analyse cost trends, and request policy adjustments within minutes, without the protracted back-and-forth that has long been associated with traditional brokerage models.</p>
<p>This is the kind of operational transformation that Almamoon&#8217;s team has worked meticulously to build and refine.</p>
<p><b>Serving A Diverse And Growing Market<br />
</b><img decoding="async" class="size-full wp-image-58359 alignleft" src="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-1.webp" alt="Almamoon" width="440" height="320" srcset="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-1.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-1-300x218.webp 300w" sizes="(max-width: 440px) 100vw, 440px" />Saudi Arabia&#8217;s economic diversification has resulted in the most diverse workforce the Kingdom has ever seen, with employers ranging from multinational corporations and semi-government bodies to fast-growing SMEs and family-owned businesses.</p>
<p>Almamoon recognised that a one-size-fits-all approach fails in such a varied environment, and so the team developed deep expertise in crafting customised health insurance solutions tailored to the specific profile, size, and risk appetite of each client.</p>
<p>This client-first mindset has been central to every decision the team has made — from product design to claims support, from policy review cycles to the tone of every client interaction.</p>
<p><b>Aligned With The Kingdom&#8217;s Vision</b><br />
<img decoding="async" class="alignright size-full wp-image-58360" src="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-2.webp" alt="Almamoon" width="440" height="320" srcset="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-2.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-2-300x218.webp 300w" sizes="(max-width: 440px) 100vw, 440px" />Almamoon&#8217;s growth is firmly aligned with Saudi Arabia&#8217;s Vision 2030. As healthcare development and workforce wellbeing remain central pillars of the Kingdom&#8217;s national transformation agenda, Almamoon&#8217;s role as a strategic insurance partner has never been more relevant.</p>
<p>The team&#8217;s efforts to improve coverage accessibility, streamline benefits management, and raise health insurance literacy among clients contribute directly to broader national objectives.</p>
<p>With a Local Content Certificate achieving a 75% score, Almamoon also demonstrates a meaningful commitment to Saudi economic growth, ensuring that the company&#8217;s success translates into opportunity and value for the communities it operates within.</p>
<p><b>Recognition That Belongs To The Whole Team</b><br />
The <b>International Finance Awards 2025</b> for Most Innovative Health Insurance Broker in Saudi Arabia is a proud moment for everyone at Almamoon.</p>
<p>It validates a shared conviction that doing things the right way, for the right reasons, and with the right people, ultimately produces results that speak for themselves.</p>
<p>As the company looks ahead, the ambition remains unchanged: to continue earning the clients&#8217; trust, to keep raising the standards of health insurance brokerage in the Kingdom, and to ensure that every person Almamoon serves feels genuinely supported, informed, and protected.</p>
<p><img loading="lazy" decoding="async" class="size-full wp-image-58361 aligncenter" src="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-3.webp" alt="Almamoon" width="671" height="320" srcset="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-3.webp 671w, https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-3-300x143.webp 300w, https://internationalfinance.com/wp-content/uploads/2026/09/ifm-almamoon-3-585x279.webp 585w" sizes="auto, (max-width: 671px) 100vw, 671px" /></p>
<p>Talking about Almamoon&#8217;s success, the company&#8217;s CEO, Mamdouh Tantawi, said, &#8220;This award belongs to every person on the Almamoon team. It is a reflection of the dedication, professionalism, and genuine care that our people bring to their work every day. We set out not to be recognised but to be trusted — by our clients, our partners, and the communities we serve in the Kingdom. To receive this recognition from International Finance is deeply humbling, and it reinforces our collective resolve to continue leading with innovation, integrity, and a steadfast commitment to the people at the heart of everything we do.&#8221;</p>
<p><small><strong>Image Courtesy: Almamoon Insurance Broker</strong></small></p>
<p>The post <a href="https://internationalfinance.com/insurance/a-team-achievement-almamoon-earns-global-recognition-for-health-insurance-innovation/">A team achievement: Almamoon earns global recognition for health insurance innovation</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Saudi mining industry thrives with ESNAD guidance</title>
		<link>https://internationalfinance.com/magazine/industry-magazine/saudi-mining-industry-thrives-with-esnad-guidance/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=saudi-mining-industry-thrives-with-esnad-guidance</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Mon, 21 Sep 2026 14:23:27 +0000</pubDate>
				<category><![CDATA[Industry]]></category>
		<category><![CDATA[Magazine]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[Artificial Intelligence]]></category>
		<category><![CDATA[Drones]]></category>
		<category><![CDATA[Esnad]]></category>
		<category><![CDATA[ESNAD Graduate Development Program]]></category>
		<category><![CDATA[Graduate Development Program]]></category>
		<category><![CDATA[International Finance Awards]]></category>
		<category><![CDATA[Mining Compliance]]></category>
		<category><![CDATA[Mining Sector]]></category>
		<category><![CDATA[Ministry of Industry and Mineral Resources]]></category>
		<category><![CDATA[REKAZ Future Leaders Development Program]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[Saudi Arabia Mining Sector]]></category>
		<category><![CDATA[Saudi Green Initiative]]></category>
		<category><![CDATA[Saudi Mining Sector]]></category>
		<category><![CDATA[Vision 2030]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=58309</guid>

					<description><![CDATA[<p>At the core of ESNAD’s success is its relentless commitment to digital transformation, a cornerstone of efficiency, transparency, and innovation</p>
<p>The post <a href="https://internationalfinance.com/magazine/industry-magazine/saudi-mining-industry-thrives-with-esnad-guidance/">Saudi mining industry thrives with ESNAD guidance</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Established in 2020 to serve as the executive and operational arm of the Ministry of Industry and Mineral Resources in the Kingdom, the Saudi Mining Services Company (ESNAD) plays a central role in implementing the ‘National Mining Strategy’, which positions mining as the third pillar of the Saudi economy alongside oil and petrochemicals. Its mission is to develop the mining sector in a balanced and sustainable manner, ensuring responsible resource management while supporting the Kingdom’s vision for economic diversification.</span></p>
<p><span style="font-weight: 400;">At the recently concluded 13th Annual </span><b>International Finance Awards</b><span style="font-weight: 400;">, ESNAD was honoured as ‘Best Digital Transformation Strategies – Mining – Saudi Arabia 2025’ and ‘Best Stakeholder Communications Strategy – Mining – Saudi Arabia 2025’.</span></p>
<p><span style="font-weight: 400;">The awards are a testament to ESNAD’s role in supporting the mining sector across the Kingdom, reflecting the company’s commitment to innovation, operational excellence, and sustainable mining practices, in close alignment with the objectives of the Ministry of Industry and Mineral Resources. Through its focus on Licensing, Digital Transformation, and Mining Compliance, the company continues to enhance the investment environment, and contribute to building a transparent, efficient, and future-ready mining ecosystem that supports the Kingdom’s economic goals.</span></p>
<p><span style="font-weight: 400;">ESNAD’s operations are grounded in a clear mandate to create a transparent, efficient, reliable mining environment that attracts investments, safeguards resources, and promotes environmental and social responsibility. By combining regulatory oversight with digital innovation, ESNAD has transformed how mining operations are managed and monitored, ensuring full alignment with &#8216;Saudi Vision 2030&#8217; goals.</span></p>
<p><span style="font-weight: 400;">Through collaboration with government entities, investors, and private-sector partners, ESNAD promotes an integrated mining ecosystem built on excellence, sustainability, and accountability. Its approach balances economic growth with environmental protection, creating value for industry, local communities, and future generations.</span></p>
<p><b>Commitment to digitalisation and sustainability<br />
</b><span style="font-weight: 400;">At the core of ESNAD’s success is its relentless commitment to digital transformation, a cornerstone of efficiency, transparency, and innovation. Through the development of advanced digital services, ESNAD has redefined licensing and compliance processes, streamlining investor interactions, automating approvals, and significantly reducing processing times. These advancements have helped position the Kingdom as one of the most attractive destinations for mining investment.</span></p>
<p><span style="font-weight: 400;">ESNAD also integrates artificial intelligence (AI), drones, and satellite imagery to enhance monitoring and regulatory compliance. By analysing aerial and spatial data, the company detects irregularities, assesses environmental impact, and measures resource extraction in real time. These innovations improve inspection efficiency, strengthen compliance, and support informed decision-making across the sector.</span></p>
<p><span style="font-weight: 400;">At the same time, in line with the “Saudi Green Initiative,” ESNAD has strengthened environmental stewardship through rehabilitation and afforestation programmes. Its efforts include planting millions of trees in mining complexes such as Al-Summan and Al-Armah, in cooperation with investors and local communities.</span></p>
<p><span style="font-weight: 400;">These projects reflect ESNAD’s commitment to restoring landscapes and mitigating environmental impact. By promoting cleaner operations, responsible waste management, and biodiversity protection, ESNAD ensures that the Kingdom’s mineral wealth is developed sustainably. The company also applies environmental, social, and governance (ESG) principles aligned with global best practices, reinforcing its role as a responsible mining enabler.</span></p>
<p><b>Financial and regulatory excellence<br />
</b><span style="font-weight: 400;">Beyond technology and sustainability, ESNAD ensures financial compliance and regulatory integrity across the sector. It has built comprehensive mechanisms to monitor financial guarantees, enhance collection systems, and minimise operational risks. By enforcing robust governance standards, ESNAD safeguards public resources, supports investor confidence, and ensures financial sustainability.</span></p>
<p><span style="font-weight: 400;">Through its inspection and licensing programmes, ESNAD guarantees that mining operations comply with the highest standards. ESNAD conducted thousands of inspections and issued hundreds of mining and exploration licenses, demonstrating its dedication to operational efficiency and sectoral growth.</span></p>
<p><b>Human capital and collaboration<br />
</b><span style="font-weight: 400;">ESNAD believes that people are central to sustainable progress. The company invests in developing national talent through training, upskilling, and leadership programmes designed to prepare Saudi professionals for the future of mining. </span></p>
<p><span style="font-weight: 400;">In this context, it would be appropriate to mention two initiatives. ESNAD’s &#8220;Graduate Development Program&#8221; is a year-long initiative designed to prepare Saudi graduates for the mining sector through hands-on field training, expert mentorship, and exposure to global best practices. In addition, ESNAD has introduced &#8220;REKAZ Future Leaders Development Program&#8221; in collaboration with INSEAD, offering a 10-month curriculum focused on strategic thinking, decision-making, and innovative leadership.</span></p>
<p><span style="font-weight: 400;">This focus on human capital enhances ESNAD’s operational excellence and contributes to the Kingdom’s broader goal of empowering national capabilities.</span></p>
<p><span style="font-weight: 400;">The company also works with ministries, research institutions, and international partners to exchange expertise and adopt global best practices. Through this cooperative framework, ESNAD promotes innovation, enhances efficiency, and supports the Kingdom’s ambition to become a leading global mining hub.</span></p>
<p><span style="font-weight: 400;">ESNAD’s journey represents a model of transformation built on vision, innovation, and responsibility. By integrating digital excellence, environmental care, and human development, ESNAD is redefining the future of mining in Saudi Arabia.</span></p>
<p><span style="font-weight: 400;">As the Kingdom advances toward Vision 2030, ESNAD remains dedicated to enabling sustainable development, driving diversification, and ensuring that the mining sector continues to serve as a foundation for national prosperity, for today and generations to come.</span></p>
<p>The post <a href="https://internationalfinance.com/magazine/industry-magazine/saudi-mining-industry-thrives-with-esnad-guidance/">Saudi mining industry thrives with ESNAD guidance</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Raya Financing accelerates growth in Saudi Arabia</title>
		<link>https://internationalfinance.com/islamic-finance/raya-financing-accelerates-growth-in-saudi-arabia-if-exclusive/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=raya-financing-accelerates-growth-in-saudi-arabia-if-exclusive</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Thu, 17 Sep 2026 01:00:53 +0000</pubDate>
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		<category><![CDATA[Saudi Central Bank]]></category>
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					<description><![CDATA[<p>Net profit after Zakat increased by 73% to SAR 40.3 million, while operating profit before Zakat and expected credit losses reached SAR 99.3 million</p>
<p>The post <a href="https://internationalfinance.com/islamic-finance/raya-financing-accelerates-growth-in-saudi-arabia-if-exclusive/">Raya Financing accelerates growth in Saudi Arabia</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Raya Financing Company is entering a new phase of growth in Saudi Arabia, supported by strong financial performance, an expanding financing portfolio, and continued investment in new financing solutions and operational capabilities.</p>
<p>The Saudi Central Bank (SAMA)-licenced financing company recorded total operating income of SAR 424.1 million in 2025, an increase of 59% compared with SAR 267.3 million in 2024.</p>
<p>Net profit after Zakat increased by 73% to SAR 40.3 million, while operating profit before Zakat and expected credit losses reached SAR 99.3 million, representing year-on-year growth of 55%.</p>
<p>The expansion was also reflected in Raya Financing’s balance sheet, with total assets increasing by 56% to SAR 3.09 billion. Its net financing portfolio across finance lease and Murabaha reached approximately SAR 2.86 billion by the end of 2025.</p>
<p><b>Growth Beyond the Numbers</b><br />
The performance reflects Raya Financing’s broader strategy to expand its presence across consumer, automotive and SME financing while developing solutions that respond to evolving customer and business needs in the Kingdom.</p>
<p>SME financing and productive assets remain important areas of focus for the company as Saudi Arabia continues to strengthen the contribution of small and medium-sized businesses to the national economy under Vision 2030.</p>
<p>Raya is investing in its digital platforms and operational infrastructure as it works toward more seamless end-to-end digital financing journeys and greater process efficiency.</p>
<p>At the same time, the company continues to evolve its financing propositions to provide greater flexibility and address different customer needs across the financing journey.</p>
<p><b>Strengthening the Foundation for Expansion</b><br />
As its financing portfolio grows, Raya Financing has taken steps to strengthen and diversify the funding supporting its expansion.</p>
<p>The company executed portfolio securitisation transactions with major financial institutions, including Saudi National Bank and Gulf International Bank.</p>
<p>Raya has advanced a SAR 500 million multi-issuance Sukuk programme following Board approval and regulatory approvals from SAMA and the Capital Market Authority.</p>
<p>The programme represents another step toward diversifying the company’s long-term funding sources and supporting future portfolio growth.</p>
<p>The company’s continued expansion, financial performance and strategic development come alongside its recognition at the International Finance Awards 2026.</p>
<p>Looking ahead, Raya Financing plans to continue building on its momentum through sustainable growth, product development, digital transformation, and further expansion across key financing segments.</p>
<p>With Saudi Arabia’s financial services sector continuing to evolve, Raya aims to strengthen its role in the market by developing financing solutions that serve individuals and businesses while contributing to the Kingdom’s broader economic ambitions.</p>
<p><small><b>Image Credit: Raya Financing</b></small></p>
<p>The post <a href="https://internationalfinance.com/islamic-finance/raya-financing-accelerates-growth-in-saudi-arabia-if-exclusive/">Raya Financing accelerates growth in Saudi Arabia</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Security Bank elevates BetterBanking with award-winning rewards</title>
		<link>https://internationalfinance.com/banking/security-bank-elevates-betterbanking-with-award-winning-rewards/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=security-bank-elevates-betterbanking-with-award-winning-rewards</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Tue, 11 Aug 2026 04:29:04 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Exclusive]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[IF Exclusive]]></category>
		<category><![CDATA[Best Customer Loyalty Program Award]]></category>
		<category><![CDATA[BetterBanking Rewards]]></category>
		<category><![CDATA[International Finance Awards]]></category>
		<category><![CDATA[International Finance Awards 2025]]></category>
		<category><![CDATA[Pay with Rewards]]></category>
		<category><![CDATA[Security Bank]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=57583</guid>

					<description><![CDATA[<p>Best Customer Loyalty Program award at International Finance Awards 2025 puts spotlight on Security Bank’s focus on meaningful engagement</p>
<p>The post <a href="https://internationalfinance.com/banking/security-bank-elevates-betterbanking-with-award-winning-rewards/">Security Bank elevates BetterBanking with award-winning rewards</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Security Bank Corporation has been recognised for its commitment to customer-focused innovation, earning the &#8220;Best Customer Loyalty Program Award&#8221; at the International Finance Awards 2025 for its &#8220;BetterBanking Rewards Program.&#8221;</p>
<p>The recognition underscores the bank’s continued focus on enhancing customer experience through digital innovation, convenience, and meaningful engagement.</p>
<p>Launched in July 2024, BetterBanking Rewards quickly gained traction among cardholders, delivering a seamless platform where customers can redeem, view, and manage rewards in real time.</p>
<p>As of May 2026, nearly 125,000 customers had enrolled in the platform, reflecting strong adoption across the bank&#8217;s cardholder base. Since launch, customers have redeemed more than 1.14 billion rewards points, equivalent to over PHP68.3 million in redemption value, demonstrating the program&#8217;s ability to deliver tangible benefits that customers actively use and enjoy.</p>
<p>The program&#8217;s growth has remained consistently strong, achieving an average 5% month-on-month increase in redemption volume since 2025. This sustained momentum highlights the increasing relevance of rewards as an integral part of customers&#8217; everyday banking experience.</p>
<p>Beyond scale, BetterBanking Rewards has strengthened customer engagement. The average active-user rate increased from 42% in 2025 to 76% in 2026, reflecting deeper participation among enrolled cardholders and growing use of the platform&#8217;s features.</p>
<figure id="attachment_57584" aria-describedby="caption-attachment-57584" style="width: 440px" class="wp-caption alignright"><img loading="lazy" decoding="async" class="size-full wp-image-57584" src="https://internationalfinance.com/wp-content/uploads/2026/08/ifm-maricar-filart.webp" alt="Maricar Filart, VP and Credit Cards Head, Security Bank  Image Credit:  Security Bank" width="440" height="320" srcset="https://internationalfinance.com/wp-content/uploads/2026/08/ifm-maricar-filart.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/08/ifm-maricar-filart-300x218.webp 300w" sizes="auto, (max-width: 440px) 100vw, 440px" /><figcaption id="caption-attachment-57584" class="wp-caption-text">Maricar Filart, VP and Credit Cards Head, Security Bank  Image Credit:  Security Bank</figcaption></figure>
<p>Designed with efficiency and sustainability in mind, BetterBanking Rewards features an automated system that streamlines rewards processing while reducing manual intervention. Reward points are credited automatically once eligible transactions are successfully posted, eliminating the need for manual processing and enabling a seamless customer experience.<b></b></p>
<p>The platform&#8217;s Pay with Rewards feature allows cardholders to redeem points instantly at the point of sale, making rewards accessible in real time and enhancing convenience for everyday purchases.</p>
<p>The program&#8217;s impact goes beyond rewards redemption. Cardholders who enrolled in BetterBanking Rewards recorded a 5% increase in transaction volume following registration. Billings generated during the three-month period after enrollment reached PHP14.5 billion, compared to PHP13.8 billion during the three-month period before enrollment, highlighting stronger customer engagement and usage.</p>
<p>Beyond convenience, the program enables customers to create a positive social impact. Through the platform, cardholders can convert their reward points into donations for partner organisations such as the Philippine Red Cross, Security Bank Foundation, World Vision, and Bantay Bata.</p>
<p>These contributions help fund initiatives related to disaster response, education, and child welfare, allowing customers to support meaningful causes directly through their everyday transactions.</p>
<p>In addition, BetterBanking Rewards promotes sustainable consumption through non-material redemption options, such as eVouchers. By offering digital alternatives to traditional rewards, the program helps reduce the need for physical items and supports the bank’s efforts to integrate environmentally responsible practices into its operations.</p>
<p>Maricar Filart, VP and Credit Cards Head, expressed her gratitude for the recognition, stating, “Winning the Best Customer Loyalty Program award is a reflection of our commitment to innovation and customer satisfaction. BetterBanking Rewards is not just a program — it’s a promise to continuously enhance the banking experience while championing sustainability and community impact.”</p>
<p>This award marks another milestone for the BetterBanking Rewards Program, and is its second major recognition since its inception. The recognition affirms Security Bank&#8217;s commitment to delivering BetterBanking experiences through innovation, convenience, and customer-centric design.</p>
<p>As the program continues to grow, the bank remains focused on creating more rewarding ways for customers to engage, transact, and make a positive impact through their everyday banking activities.</p>
<p>The post <a href="https://internationalfinance.com/banking/security-bank-elevates-betterbanking-with-award-winning-rewards/">Security Bank elevates BetterBanking with award-winning rewards</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Profuturo’s sustained success is driven by consistent results</title>
		<link>https://internationalfinance.com/finance/profuturos-sustained-success-is-driven-by-consistent-results/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=profuturos-sustained-success-is-driven-by-consistent-results</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Fri, 07 Aug 2026 08:36:55 +0000</pubDate>
				<category><![CDATA[Exclusive]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[IF Exclusive]]></category>
		<category><![CDATA[Antonio Sibaja]]></category>
		<category><![CDATA[Arturo García]]></category>
		<category><![CDATA[asset management]]></category>
		<category><![CDATA[International Finance]]></category>
		<category><![CDATA[International Finance Awards]]></category>
		<category><![CDATA[Profuturo]]></category>
		<category><![CDATA[risk management]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=57518</guid>

					<description><![CDATA[<p>Profuturo’s commitment to a long-term strategy supported by disciplined investment and risk management is reflected in its competitive and sustained results</p>
<p>The post <a href="https://internationalfinance.com/finance/profuturos-sustained-success-is-driven-by-consistent-results/">Profuturo’s sustained success is driven by consistent results</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Profuturo has reinforced its position as one of Mexico’s strongest financial institutions, having been recognised as the best pension fund management company in Mexico by <b><i>International Finance</i></b> for the eighth consecutive year. This distinction reflects the strength of Profuturo’s strategy, the discipline shown in its asset management, and the company’s ability to achieve sustainable results for its clients.</p>
<p>This accolade is also an indication of the institutional strength that Profuturo has developed over the years to maintain competitive performance and generate value for its clients. The combination of a rigorous investment strategy, operational excellence, effective risk management, and a long-term approach has enabled the company to consistently provide value while protecting the financial well-being of millions of Mexican workers.</p>
<p>This <i><b>International Finance Award</b></i> recognises financial organisations that demonstrate excellence in the quality of their asset management, their operational strength, and their ability to generate lasting value. For Profuturo, this award reinforces a track record built on consistency, and on decision-making grounded in analysis, experience, and fiduciary responsibility.</p>
<p>Profuturo’s commitment to maintaining a long-term strategy supported by disciplined investment and risk management is reflected in its competitive and sustained results. This approach has enabled the company to maintain its position as the top-performing pension fund manager for the past nine years, according to the Net Performance Indicator published by Mexico’s National Commission for the Retirement Savings System (CONSAR), which further reinforces the company’s consistent ability to deliver value to its clients.</p>
<p>The consistency of Profuturo’s results has also been recognised by leading international investment research organisations. Most recently, Profuturo became the first institution in Latin America to receive Morningstar’s Gold Medalist Rating. This achievement reflects the strength of the company’s investment process, the quality of its management team, its ability to create consistent value over time, and further solidifies Profuturo’s standing among the region’s leading retirement fund management companies.</p>
<p>This performance is not an isolated achievement. Rather, it stems from the institutional capabilities developed by Profuturo to manage retirement savings from a long-term perspective. The company’s model combines a prudent investment strategy with efficient risk management and robust decision-making processes, enabling the organisation to balance sustainable value generation with the protection of its clients’ assets.</p>
<figure id="attachment_57551" aria-describedby="caption-attachment-57551" style="width: 440px" class="wp-caption alignright"><img loading="lazy" decoding="async" class="size-full wp-image-57551" src="https://internationalfinance.com/wp-content/uploads/2026/08/ifm-profuturos-sustained-success-is-driven-by-consistent-results-v2.webp" alt="Arturo Garcia Rodriguez, CEO of Profuturo" width="440" height="320" srcset="https://internationalfinance.com/wp-content/uploads/2026/08/ifm-profuturos-sustained-success-is-driven-by-consistent-results-v2.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/08/ifm-profuturos-sustained-success-is-driven-by-consistent-results-v2-300x218.webp 300w" sizes="auto, (max-width: 440px) 100vw, 440px" /><figcaption id="caption-attachment-57551" class="wp-caption-text">Arturo Garcia Rodriguez, CEO of Profuturo</figcaption></figure>
<p>“Profuturo’s asset management is not only guided by institutional policies, but also by a genuine commitment to our clients,” said Antonio Sibaja, chief investment officer at Profuturo, for whom these results are far from incidental, arising instead from a management philosophy consistently applied over time. “We have demonstrated that it’s possible to maintain consistent returns even in complex environments. This speaks to our investment discipline, but above all, to our responsible stewardship of the retirement savings entrusted to us by millions of Mexicans.”</p>
<p>The true significance of Profuturo’s history of achievement lies in the impact it has had on millions of Mexican workers. By translating sound management and sustained results into improved retirement outcomes, the company has demonstrated its commitment to responsible management of retirement assets, with a long-term vision and a steadfast focus on delivering value to its clients.</p>
<p>Alongside its financial performance, Profuturo has built a comprehensive client-centered model designed to support workers throughout their retirement journey. By combining innovation, operational excellence, and ongoing guidance and support, the company has cultivated a service ecosystem that integrates specialised advisory services, accessible digital tools, and content designed to facilitate informed decision-making at every stage of life.</p>
<p>This distinction from International Finance is the result of a rigorous evaluation process that considers factors such as operational performance, management quality, leadership, and impact on the global financial sector. As such, it is a testament to Profuturo’s history of consistent performance and the company’s commitment to generating consistent value.</p>
<p>“Receiving this award for the eighth consecutive year comes with a great responsibility for our entire team,” said Arturo Garcia, CEO of Profuturo. “We strive every day to provide solid and reliable savings solutions tailored to the needs of Mexican workers. This achievement motivates us to continue creating value for our clients and supporting them at every stage of life to help them safeguard their financial well-being.”</p>
<p>With this latest milestone, Profuturo has confirmed that its proven results are the product of well-developed institutional capabilities and an enduring commitment to the people it serves. Profuturo’s robust management model, long-term approach, and unwavering pursuit of excellence will continue to guide its efforts to protect and strengthen the financial future and retirement goals of millions of Mexican workers.</p>
<p><small>Image Credit: Profuturo</small></p>
<p>The post <a href="https://internationalfinance.com/finance/profuturos-sustained-success-is-driven-by-consistent-results/">Profuturo’s sustained success is driven by consistent results</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>KFH Capital: Leading MENA’s green sukuk and digital innovation efforts</title>
		<link>https://internationalfinance.com/islamic-finance/kfh-capital-leading-menas-green-sukuk-and-digital-innovation-efforts/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=kfh-capital-leading-menas-green-sukuk-and-digital-innovation-efforts</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Thu, 18 Jun 2026 00:02:42 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[ESG]]></category>
		<category><![CDATA[Green Sukuk]]></category>
		<category><![CDATA[International Finance Awards]]></category>
		<category><![CDATA[KFH Capital]]></category>
		<category><![CDATA[Kuwait Finance House]]></category>
		<category><![CDATA[MENA]]></category>
		<category><![CDATA[Sustainability Sukuk]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=56627</guid>

					<description><![CDATA[<p>Between 2024 and 2025, KFH Capital played active roles across six sustainable transactions in Kuwait, Qatar, and the UAE, totalling USD 3.8 billion</p>
<p>The post <a href="https://internationalfinance.com/islamic-finance/kfh-capital-leading-menas-green-sukuk-and-digital-innovation-efforts/">KFH Capital: Leading MENA’s green sukuk and digital innovation efforts</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>KFH Capital Investment Company, the investment arm of Kuwait Finance House (KFH) Group, through landmark achievements in structuring sustainable Sukuk and executing a comprehensive digital transformation initiative, has reinforced its position as a leading institution in Islamic investment and capital markets, both in the Gulf country and the wider MENA (Middle East and North Africa) region. The business has demonstrated its ability to deliver innovation, scalability, and investor confidence, thereby consolidating its position as an industry leader in setting new benchmarks for sustainable investments and operational excellence.</p>
<p>KFH Capital achieved landmark transactions across Kuwait, Qatar, and the UAE, including the world’s first Tier‑2 Sustainability Sukuk. The business transformed from a paper‑based company to the one initiating fully automated, traceable workflows in the Islamic Financial landscape, by combining technical structuring expertise with a firm commitment to ESG (Environmental, Social, and Governance) principles and digital modernisation.</p>
<p>These efforts saw the venture getting recognised with the honours of being the &#8220;Best Green Sukuk Structuring – Kuwait 2025&#8221; and &#8220;Best Digital Transformation in Financial Services – Kuwait 2025,&#8221; at the recently concluded <strong>International Finance Awards</strong>, reflecting the company&#8217;s ability to lead on two critical fronts: sustainability and innovation.</p>
<p>KFH Capital is among the largest participants in the global Sukuk issuance market, consistently attracting robust international demand and achieving oversubscriptions that signal deep investor confidence. In 2021, the company coordinated the Kuveyt Turk Katılım Bankası USD 350 million Tier‑II Sustainability Sukuk—the first of its kind globally and the first sustainability Sukuk from an Islamic financial institution. The issuance was oversubscribed nearly 12x, setting a new precedent for ESG‑aligned Islamic Finance.</p>
<p><strong>Landmark Sustainable Transactions</strong><br />
Between 2024 and 2025, KFH Capital played active roles across six sustainable transactions in Kuwait, Qatar, and the UAE, totalling USD 3.8 billion. With Qatar International Islamic Bank, the company got the first sustainable Sukuk listed on the London Stock Exchange. The collaboration with the Dubai Islamic Bank resulted in the creation of KFH Capital&#8217;s pioneering sustainability‑linked Sukuk.</p>
<p>Warba Bank launched its first sustainable Sukuk from Kuwait. Additionally, partnering with Aldar Investment Properties led KFH Capital to issue an &#8220;Oversubscribed Green Sukuk,&#8221; reinforcing net-zero commitments.</p>
<p>In each case, KFH Capital served as joint lead manager and bookrunner, showcasing capabilities in structuring, marketing, and delivering complex, first‑of‑a‑kind deals. The company’s repeat activity underscores reliability and strategic importance in connecting MENA capital with global sustainability demand.</p>
<p><strong>Strategy And Principles</strong><br />
In tandem with its sustainable finance achievements, KFH Capital executed a sweeping digital transformation, migrating from fragmented, paper‑based systems to fully automated, end‑to‑end processes. The impact was immediate, as the client onboarding times got compressed from days to minutes. Operational error rates, on the other hand, fell to near zero, while scalability improved without additional manpower.</p>
<p>KFH Capital&#8217;s digital transformation strategy rested upon four principles: customer‑designed journeys, automation of repeatable tasks, full traceability at every stage and system integrability across the estate.</p>
<p>Rejecting one‑size‑fits‑all ERP models, KFH Capital built a tailored digital ecosystem aligned to the company’s culture and client needs. Embedded teams mapped workflows, challenged legacy policies, and prototyped solutions with exacting user‑experience standards. Key initiatives included digitised onboarding, workflow‑based controls to eliminate errors, and transparent performance monitoring.</p>
<p>The outcomes were not limited to efficiency gains—they strengthened governance, compliance, and auditability, ensuring that controls scale alongside growth. Looking ahead, KFH Capital’s roadmap focuses on expanding automation, self‑service capabilities, and data‑driven decision‑making, positioning the business as a reference model for modern services in the region.</p>
<p>By structuring landmark Sukuk issuances that advance ESG objectives and by executing a disciplined digital transformation programme, KFH Capital has demonstrated measurable impact and long-term scalability.</p>
<p>As global markets evolve, KFH Capital continues to set benchmarks in Islamic finance, combining technical expertise with strategic vision. Its achievements illustrate how disciplined execution and innovation can deliver value to clients, investors, and stakeholders, while positioning Kuwait as a hub for sustainable and modern financial services.</p>
<p><small>Image Courtesy: KFH Capital</small></p>
<p>The post <a href="https://internationalfinance.com/islamic-finance/kfh-capital-leading-menas-green-sukuk-and-digital-innovation-efforts/">KFH Capital: Leading MENA’s green sukuk and digital innovation efforts</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Siraj Finance PJSC: Redefining ethical banking through innovation, excellence, and strategic leadership</title>
		<link>https://internationalfinance.com/islamic-finance/siraj-finance-pjsc-redefining-ethical-banking-through-innovation-excellence-and-strategic-leadership/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=siraj-finance-pjsc-redefining-ethical-banking-through-innovation-excellence-and-strategic-leadership</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Wed, 10 Jun 2026 04:16:10 +0000</pubDate>
				<category><![CDATA[Exclusive]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[IF Exclusive]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Al Otaiba Group]]></category>
		<category><![CDATA[International Finance Awards]]></category>
		<category><![CDATA[Siraj Finance]]></category>
		<category><![CDATA[Siraj Finance UAE]]></category>
		<category><![CDATA[Siraj Holding LLC]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=56522</guid>

					<description><![CDATA[<p>Siraj Finance PJSC offers Sharia-compliant financial products and services for SMEs, corporate and individual clients across the UAE</p>
<p>The post <a href="https://internationalfinance.com/islamic-finance/siraj-finance-pjsc-redefining-ethical-banking-through-innovation-excellence-and-strategic-leadership/">Siraj Finance PJSC: Redefining ethical banking through innovation, excellence, and strategic leadership</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In a financial landscape increasingly defined by digital disruption and shifting customer expectations, Siraj Finance PJSC stands out as an institution that has successfully combined the timeless principles of Islamic finance with forward-looking innovation. </p>
<p>As one of the UAE&#8217;s most established non-banking Islamic financial institutions, regulated by the Central Bank of the UAE and headquartered in Abu Dhabi, Siraj Finance has steadily built a reputation as a trusted, ethical, and customer-centric provider of Sharia-compliant financial services for individuals, SMEs, and corporate clients across the country.</p>
<p><strong>A Commitment That Goes Beyond Compliance</strong><br />
At the heart of Siraj Finance&#8217;s identity is something that distinguishes the institution from many of its peers: a commitment to Islamic finance not merely as a regulatory framework, but as a genuine value proposition. </p>
<p>The organisation&#8217;s business strategy is anchored in transparency, integrity, and adherence to Sharia principles, not as constraints, but as competitive advantages that build lasting trust with clients in an increasingly discerning marketplace.</p>
<p>This philosophy has translated into consistent investment in operational modernisation, process enhancement, and customer experience improvement; initiatives that have measurably strengthened the institution&#8217;s ability to respond to evolving client needs while maintaining the ethical standards that define its brand.</p>
<p><strong>Award-Winning Innovation</strong><br />
Siraj Finance&#8217;s commitment to innovation has not gone unnoticed. At the International Finance Awards (IFA) 2026, the institution was honoured with the title of &#8220;Most Innovative Non-Banking Islamic Finance Company,&#8221; a recognition it received for the eighth consecutive time. </p>
<p>This remarkable consistency reflects not a single transformative moment, but a sustained culture of innovation embedded across the organisation&#8217;s products, processes, and customer engagement model.</p>
<p>The award reinforces what clients and industry observers have long recognised: that Siraj Finance&#8217;s approach to digital transformation and customer-centric product design is setting a benchmark for Islamic financial institutions across the region.</p>
<p><strong>Leadership That Drives Transformation</strong><br />
Much of the institution&#8217;s strategic momentum can be attributed to the vision and leadership of its Group Chief Executive Officer Mohamed Rusan Fyroze, a financial services veteran with over 33 years of experience spanning Retail, SME, Corporate Banking, Wealth Management, and Bancassurance.</p>
<p>Rusan&#8217;s leadership philosophy is grounded in a belief that sustainable institutional performance requires more than financial metrics. Throughout his career, he has consistently championed the alignment of strong profitability with employee empowerment, customer satisfaction, and ethical accountability, building high-performing teams that deliver results without compromising on values.</p>
<p>Under his guidance, Siraj Finance has executed transformative initiatives that have strengthened operational efficiency, enhanced profitability, and deepened customer engagement. </p>
<p>His ability to anticipate market trends, lead complex change management programmes, and translate strategic vision into measurable outcomes has positioned him as a respected and influential voice within the UAE&#8217;s financial services community.</p>
<p>Senior executives and leadership across the organisation have been widely featured in major regional publications and business journals, reflecting the institution&#8217;s growing influence on the broader financial conversation in the Middle East.</p>
<p><strong>A Group Built for Diversified, Long-Term Value</strong><br />
Siraj Finance does not operate in isolation. It sits within an ecosystem of complementary businesses through its parent entities Siraj Holding LLC and Al Otaiba Group, two of the UAE&#8217;s established diversified business conglomerates. </p>
<p>Together, they span a broad portfolio of industries, including finance, insurance, oil and gas, fintech, healthcare, hospitality, manufacturing, telecommunications, consultancy, and investment management.</p>
<p>This diversification is more than a growth strategy. It creates meaningful operational synergies, enables cross-sector expertise to flow into Siraj Finance&#8217;s product development and risk management, and provides the institutional resilience that underpins long-term value creation across regional and international markets.</p>
<p><strong>Supporting Financial Inclusion and the UAE&#8217;s Economic Vision</strong><br />
Looking ahead, Siraj Finance is sharpening its focus on financial inclusion, SME development, and economic diversification, three priorities that sit at the intersection of the institution&#8217;s own growth agenda, and the UAE&#8217;s broader long-term economic vision.</p>
<p>By developing increasingly flexible, accessible, and technology-enabled Islamic financial solutions, the organisation is actively supporting the growth of businesses and individuals that remain central to the country&#8217;s diversification journey. </p>
<p>In doing so, Siraj Finance is positioning itself not simply as a financial service provider, but as a strategic partner in the sustainable development of the UAE&#8217;s economy, one Sharia-compliant solution at a time.</p>
<p>The post <a href="https://internationalfinance.com/islamic-finance/siraj-finance-pjsc-redefining-ethical-banking-through-innovation-excellence-and-strategic-leadership/">Siraj Finance PJSC: Redefining ethical banking through innovation, excellence, and strategic leadership</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>13th Annual International Finance Awards: Stellar gathering of top business minds</title>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Tue, 10 Feb 2026 13:44:37 +0000</pubDate>
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					<description><![CDATA[<p>The 13th Annual International Finance Awards was marked by an atmosphere of prestige and celebration, bringing together influential leaders, decision-makers, and industry experts from across the globe</p>
<p>The post <a href="https://internationalfinance.com/markets/13th-annual-international-finance-awards-stellar-gathering-of-top-business-minds/">13th Annual International Finance Awards: Stellar gathering of top business minds</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The 13th Annual International Finance Awards ceremony was successfully hosted on January 29, 2026, at the Jumeirah Emirates Towers in Dubai. The spectacle was graced by H.E. Miss Nipa Nirannoot (Consul-General of Thailand to Dubai &#038; the Northern Emirates), H.E. Hussain Mohammed Al Mahmoudi (CEO of Sharjah Research, Technology, &#038; Innovation Park), H.E. Dalia Khorshid (Group CEO and Managing Director of Beltone Holding), and Mr. Mohamed Al Banna (Founder of Lead Ventures &#038; Strategic Advisor to members of Royal Family Offices in the UAE).</p>
<p>Among the celebrated recipients of the International Finance Awards 2025 are Bahrain Development Bank, Abu Dhabi Islamic Bank, Bank of Baghdad, Al Ahli Bank of Kuwait, First Bank of Nigeria, The Saudi Investment Bank, Asia Commercial Bank, La Trobe Financial, Commercial Bank Financial Services, Malaz Capital, Riyad Capital, Burgan Takaful Insurance, Almamoon Insurance Broker, Taiwan Life Insurance, CIT Group Ltd, Riyadh Development Company, ROSHN, United Warehouse Company Ltd, stc Bahrain, Radius Telecoms, ESNAD, SOCAR Enerji Ticaret A.Ş., Easy Parking, Qassim National Hospital, Ultima Markets, and Abdullah Al-Othaim Markets Company.</p>
<p>The ceremony was marked by an atmosphere of prestige and celebration, bringing together influential leaders, decision-makers, and industry experts from across the globe. Seamlessly executed, the event reflected the scale and reputation of the International Finance Awards, reinforcing its position as a respected platform for recognising excellence across sectors.</p>
<figure id="attachment_54711" aria-describedby="caption-attachment-54711" style="width: 440px" class="wp-caption aligncenter"><a href="https://awards.internationalfinance.com/awards-gallery/international-finance-awards-2025-dubai/" target="_blank"><img loading="lazy" decoding="async" src="https://internationalfinance.com/wp-content/uploads/2026/02/IFM-Image1-300x218.webp" alt="IFM-Image1" width="440" height="320" class="size-medium wp-image-54711" srcset="https://internationalfinance.com/wp-content/uploads/2026/02/IFM-Image1-300x218.webp 300w, https://internationalfinance.com/wp-content/uploads/2026/02/IFM-Image1.webp 440w" sizes="auto, (max-width: 440px) 100vw, 440px" /></a><figcaption id="caption-attachment-54711" class="wp-caption-text">Click the image to explore more photos from the Dubai event</figcaption></figure>
<p>Each award was presented following a structured and transparent evaluation process, highlighting the credibility of the recognition. Winners were honoured on stage in front of business stalwarts, emphasising not only their organisational achievements but also the leadership and vision that have driven sustained performance in competitive markets.</p>
<p>The diversity of the winners further demonstrated the global reach and relevance of the awards. From banking and financial services to telecommunications, healthcare, energy, and real estate, the recipients showcased innovation, resilience, and a commitment to excellence within their respective industries.</p>
<p>Beyond the accolades, the ceremony served as a powerful source of inspiration for peers and emerging leaders alike. The success stories shared throughout the evening illustrated how strategic thinking and strong governance can translate into long-term growth and meaningful impact.</p>
<figure id="attachment_54712" aria-describedby="caption-attachment-54712" style="width: 440px" class="wp-caption aligncenter"><a href="https://awards.internationalfinance.com/awards-gallery/international-finance-awards-2025-thailand/" target="_blank"><img loading="lazy" decoding="async" src="https://internationalfinance.com/wp-content/uploads/2026/02/IFM-Image2-300x218.webp" alt="IFM-Image2" width="440" height="320" class="size-medium wp-image-54712" srcset="https://internationalfinance.com/wp-content/uploads/2026/02/IFM-Image2-300x218.webp 300w, https://internationalfinance.com/wp-content/uploads/2026/02/IFM-Image2.webp 440w" sizes="auto, (max-width: 440px) 100vw, 440px" /></a><figcaption id="caption-attachment-54712" class="wp-caption-text">Click the image to explore more photos from the Thailand event</figcaption></figure>
<p>As the evening concluded, the 13th Annual International Finance Awards left a lasting impression on attendees, reaffirming its role in celebrating leadership and progress on a global stage. The event not only recognised outstanding achievements but also set a benchmark for excellence, motivating organisations worldwide to continue striving for innovation and sustainable success.</p>
<p>Earlier, the inaugural segment of the awards was held on January 23, 2026, at Bangkok’s prestigious Waldorf Astoria. The event was honoured with the attendance of Mr. Arief Rachmat Hidayat, Counsellor at the Embassy of the Republic of Indonesia in Bangkok, and Dr. Ekapong Rimcharoen, Director of Thailand’s National Statistical Office (NSO). The awards night in Thailand set the tone for a series of celebrations, recognising top-performing companies and bringing together distinguished leaders from Southeast Asia.</p>
<p><iframe loading="lazy" title="13th Annual @Internationalfinancemagazine Awards: World’s Leading Business Titans Honoured in Dubai" width="1400" height="788" src="https://www.youtube.com/embed/dmSq47tfHX0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>The post <a href="https://internationalfinance.com/markets/13th-annual-international-finance-awards-stellar-gathering-of-top-business-minds/">13th Annual International Finance Awards: Stellar gathering of top business minds</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>13th Annual International Finance Awards: Spotlight on global leaders in Dubai</title>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Wed, 28 Jan 2026 14:13:54 +0000</pubDate>
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					<description><![CDATA[<p>With a vision of a future where passion seamlessly merges with excellence, International Finance is driven by a relentless conviction</p>
<p>The post <a href="https://internationalfinance.com/markets/annual-international-finance-awards-spotlight-global-leaders-dubai/">13th Annual International Finance Awards: Spotlight on global leaders in Dubai</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>The 13th Annual International Finance Awards will take place on January 29, 2026, at the Jumeirah Emirates Towers in Dubai. The event will be honoured by the presence of H.E. Onur Şaylan &#8211; Consul General of Turkiye in Dubai, H.E. Hussain Mohammed Al Mahmoudi &#8211; Director General of the Sharjah Chamber of Commerce and Industry, H.E. Talal Yusuf Fakhroo &#8211; Consul General of the Kingdom of Bahrain to Dubai, and Mr. Mohammad Al Banna &#8211; Founder and CEO of LEAD Ventures.</strong></p>
<p>Founded in 2013, <strong>International Finance</strong> has grown into a leading provider of business media services, driven by a distinctive mission: to recognise and celebrate exceptional talent, visionary leadership, significant industry contributions, and outstanding skills on a global scale.</p>
<p>In 2014, <strong>International Finance</strong> gained international recognition with the launch of its inaugural flagship programme in London. Supported by the rigorous work of its research and development team, the organisation distinguished itself by identifying top-tier corporate talent. Award recipients were selected based on the strength of their applications and their proven record of achievement.</p>
<p>During the nomination process, <strong>International Finance</strong> focuses on eminent C-suite executives and senior management leaders across sectors, including finance, banking, asset management, brokerage, insurance, energy, oil and gas, logistics, and utilities. Nominees are drawn from key markets across the Middle East, Asia, Europe, and Africa.</p>
<p>Previous recipients of the <strong>International Finance Awards</strong> include prominent companies such as La Trobe Financial, Security Bank Corporation, Asialink Finance Corporation, East West Banking Corporation, Krungthai Bank, SOCAR, Alistithmar Capital, QNB Egypt, Al Qassim National Hospital, The Access Bank UK Limited, Standard Chartered Bank (Singapore) Limited, Chung Hwa Bank Taiwan, stc Saudi Arabia, SAL Saudi Arabia, Saudi Ground Services, Alinma Bank Saudi Arabia, ROSHN &#8211; Saudi Arabia, BEEAH Group, MODON Saudi Arabia, United Real Estate Company Kuwait, Real Estate Registry &#8211; Saudi Arabia, stc Kuwait, Zain Kuwait, and Saudi Water Partnership Company (SWPC).</p>
<p>In 2016, the scope of the <strong>International Finance Awards</strong> expanded to include Southeast Asia as a second venue. By 2018, the ceremonies had attracted over 400 distinguished dignitaries. These awards served as powerful motivators for corporate entities, inspiring them to become industry leaders and facilitating growth through the extensive networking opportunities provided by <strong>International Finance</strong>.</p>
<p>With a vision of a future where passion seamlessly merges with excellence, <strong>International Finance</strong> is driven by a relentless conviction. To all business talents poised for greatness, seize the opportunity to have your name etched onto the prestigious winner’s board of the <strong>International Finance Awards</strong>.</p>
<p>The post <a href="https://internationalfinance.com/markets/annual-international-finance-awards-spotlight-global-leaders-dubai/">13th Annual International Finance Awards: Spotlight on global leaders in Dubai</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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