Recognizing its excellence in Islamic Finance, Deutsche Bank received three "Deal of the Year" awards from Islamic Finance News for 2014.
Deutsche Bank received the award for Pakistan Deal of the Year for its successful execution of the Islamic Republic of Pakistan US$1 billion Sukuk Ijara issuance. Furthermore, Deutsche Bank was awarded Equity Deal of the Year for its role in the Mesaieed Petrochemical Holding IPO. In addition, the Bank has been recognized with Hybrid Deal of the Year award for the Cahaya Capital US$500 million Exchangeable Sukuk issuance.
Salah Jaidah, Chairman of Islamic Finance at Deutsche Bank, said: “We are honored to receive these prestigious awards from Islamic Finance News. For more than 10 years, Deutsche Bank has been designing investment products in accordance with Islamic law for a growing international clientele. Today we are broadly recognized as a world-class provider of Islamic financial solutions."
Ahmer Hasan, Chief Country Officer for Deutsche Bank in Pakistan, said: "The Pakistan Deal of the Year award exhibits our passion and dedication to develop our International Islamic Capital Markets business in Pakistan. We are committed to invest in our franchise and to provide best-in-class Sharia-compliant products and services to our Pakistani clients."
Deutsche Bank is deeply committed to the development of the Islamic finance industry and is broadly recognized as a world-class provider of Islamic financial solutions.