AlHuda CIBE Organized Tanzanian Islamic Banking and Finance Award in Dar-Es-SalamTanzania

National Islamic Banking and Finance awards” distribution ceremony in Tanzania was celebrated on 29th of March 2017 on the occasion of 4th African Islamic Finance Summit organized by Al-Huda Center of Islamic Banking & Economics (CIBE) at Hyatt Regency, Dar Es Salam, Tanzania with a specific purpose to encourage Islamic banking & Finance Industry as well as to recognize and celebrate outstanding achievements and contributions of individuals and institutions within Islamic Finance industry locally. Al-Huda CIBE congratulates all winners of NIBFA Awards 2017. “Our congratulations to all of the winners and nominees of NIBFA Awards today at 4th African Islamic Summit Finance” said Mr. Zubair Mughal Chief Executive Officer Al-Huda CIBE, “The NIBFA Awards truly showcase those companies and individuals that are driving innovations in the rapidly emerging Islamic Finance industry. We thank all of our entrants, judges, sponsors and partners for supporting the NIBFA 2017 Awards”

Delegates from various countries participated in the summit.The dignitaries including Mr. Mheshimiwa Charles B. Kuyeko; the Mayor of IIala Municipal Council of Dar es Salaam, Mr. H.E.Saad Ali Shire, the Minister of Foreign Affairs and International Cooperation in Somaliland and Pakistan High Commission; Mr. Muhammad Amir Khan handed over the awardsto the winners. Various award categories conferred upon the winners include: Award for The Best Islamic Bank was awarded to Dr. MuhsinMasoudSalimM.D of Amana Bank Ltd, Award for The Best Window Operation was awarded to Mr. Rashid H. H. Rashid from KCB Bank, The Best Islamic Microfinance Institution was awarded to Mr. Faiz Hussain CEO fromImaan Microfinance, similarly The Best Technology provider award to Mr. MesamRizvifrom Technology Associate Ltd, The Best Islamic Finance Education provider award was given to Zanzibar University,Muslim university of Morogorowasgivenan encouraging award titled Welcoming InstituteAward , Motivational Award to initialize Takaful in Tanzanian Industry was given to Mr. Mohsin Hussain from Tanzania Takaful, The Best Retail banking Awardwas given toNational Bank of Commerce in Tanzania, Lifetime Achievement Award was given to Mr. Aref M. NahdiforImaan TVfor their overall rich contribution towards Islam furthermore the Best Sharia’h Advisor Award was given to two personalities including Mr. Mohamed HafidhKhalfanfromZanzibar Insurance Corporationand Mr. KhalfanAbdallahSalimfrom Gulf African Bank Kenya, the Best Personality of the year award was conferred upon Mr. Othman Ali KaporoFurtherThe Women Empowerment Award was given to Mrs. Sophia Mwakagenda , The Best Contributor to Industry award to Mr.AsimHameed Khan for paving a path as well as example for others and the Award for initiating Takaful Industry in Tanzania was delivered toZanzibar Insurance Corporation”for taking innovative initiatives to strengthen and promote Islamic Finance Industry.

Many Supporters and sponsors had aggressively participated to make the event successful such as Interfima, CIFCA, TAMFI, Tanzania Insurance Broker Association (TIBA), and Association of Tanzania Insurance (ATI). Sponsors including Amana Bank-Tanzania, National Bank of Commerce (NBC) and Financial Sector Deepening Trust (FSDT) further more media partners including Micro capital, Islamic Banker, The Exchange, IAIR, SUKUK, and True Banking Magazine.

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