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Saturday, November 28 - 2009

Masraf Al Rayan impress at Islamic Banking event

Masraf Al Rayan, the GCC's only fully-fledged Islamic investment and commercial bank, has been recognized as a leading global Islamic bank after being invited to address the prestigious World Capital Markets and Islamic Funds Conference.

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  • Masraf Al Rayan staff pictured with the Governor of the Central Bank of Bahrain: left to right: Hussain Fakhri (Executive Manager Marketing & Communications, Masraf Al Rayan), H.E. Rasheed M. Al Maraj (Governor, Central Bank of Bahrain), Manahil Makki ( Head of Credit Risks, Masraf Al Rayan) and Mohammed Al Sowaidi (Relationship Manager, Masraf Al Rayan).
    Masraf Al Rayan staff pictured with the Governor of the Central Bank of Bahrain: left to right: Hussain Fakhri (Executive Manager Marketing & Communications, Masraf Al Rayan), H.E. Rasheed M. Al Maraj (Governor, Central Bank of Bahrain), Manahil Makki ( Head of Credit Risks, Masraf Al Rayan) and Mohammed Al Sowaidi (Relationship Manager, Masraf Al Rayan).
Masraf Al Rayan were invited to participate in the conference held this week at the Gulf International Convention & Exhibition Centre, Bahrain. The two day event attracts the world's leading Islamic finance and banking industry figures and was opened by HE Rasheed M. Al Maraj, Governor of the Central Bank of Bahrain, pictured with Masraf Al Rayan staff.

Masraf Al Rayan was honored in having not one but two of their finance experts address the conference. Manahil Makki, the bank's Head of Credit Risk, made a well received speech about the future outlook for Islamic Real Estate funds. Meanwhile, her colleague Dr. Badih Soubra, General Manager Product Development, was one of several experts leading a discussion highlighting Islamic banking trends and future opportunities.

Masraf Al Rayan CEO Adel Mustafawi sees the bank's involvement at the conference as proof of their growing reputation: "The invitation to address the World Islamic Funds Conference is evidence of the high regard in which Masraf Al Rayan is held in the Islamic banking industry."

"The bank has successfully recruited the very best banking experts, both from the GCC and around the world. It is recognition of the quality of our staff that, after only a short time in business, we were asked to speak alongside respected experts from financial institutions established for many years. The knowledge and experience that our banking experts possess is reflected in the range of innovative products on offer to Masraf Al Rayan's customers".
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Enclosure:
"Masraf Al Rayan staff pictured with the Governor of the Central Bank of Bahrain: left to right: Hussain Fakhri (Executive Manager Marketing & Communications, Masraf Al Rayan), H.E. Rasheed M. Al Maraj (Governor, Central Bank of Bahrain), Manahil Makki ( Head of Credit Risks, Masraf Al Rayan) and Mohammed Al Sowaidi (Relationship Manager, Masraf Al Rayan).

For further information please contact:

Steve Whittaker at GCI Qatar
Telephone: +974 428 3126
Mobile: +974 584 3630

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