Omar bin Sulaiman wins award for promoting Islamic finance

Dr Omar bin Sulaiman, Governor of Dubai International Financial Centre (DIFC), has won an award for 'Outstanding Contribution to the Development of Islamic Capital Markets' at the 2008 Sukuk Summit Awards of Excellence in London. The international recognition is granted for his role in developing the Islamic Finance industry.

Nasser Al Shaali, CEO of DIFC Authority, received the award on behalf of Sulaiman. The award acknowledges Sulaiman's leadership in developing key initiatives aimed at promoting growth of the Islamic finance industry.

The Sukuk Summit Awards of Excellence were part of the London Sukuk Summit 2008, an international conference aimed at exchanging ideas and insights about sukuk market developments and innovation and discussing the future direction of the Islamic debt and capital markets. The London Sukuk Summit is supported by the UK Treasury, the Financial Services Authority (FSA), the City of London Corporation and the Islamic Financial Services Board (IFSB). It is also endorsed by UK Trade and Investment (UKTI), the trade promotion arm of the UK Department of Trade and Industry.

Sulaiman said: "I would like to dedicate this award to the President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and the people of the UAE."

Sulaiman has steered the growth of many key initiatives in Dubai.