During the Islamic Business & Finance Awards 2009 ceremony

Amman, December 2009 – Ernst & Young’s Islamic Financial Services Group (IFSG) in the Middle East was awarded the ‘Best Islamic Advisory Firm’ award at the Islamic Business & Finance Awards 2009 ceremony. The event was held in Dubai on the 14th of December 2009 and was organized by CPI Financials, the region’s leading specialist financial publisher.
The Awards, which recognized Ernst & Young’s exemplary advisory work in the field of Islamic Banking and Financial Services, were held under the patronage of Dubai International Financial Centre and are recognized as one of the most distinguished within the industry, testifying to the professionalism and exceptional capabilities of their winners.
Congratulating Ernst & Young’s Islamic Financial Services Group (IFSG), Bishr Baker, Partner at Ernst & Young in Jordan, said: “We would like to congratulate our IFSG team on this new achievement, which builds upon their previous accomplishments and reflects their high level of professionalism. At Ernst & Young, we continuously aim to provide comprehensive services in accordance with the needs of our clients and the most recent developments in local and international markets, whilst also adhering to best business practices.”
Sameer Abdi, Partner and Middle East IFSG Leader, added: “We feel honored to be chosen as the ‘Best Advisory Firm’ at the Islamic Business & Finance Awards 2009. We endeavor to be the most sought after advisors in the sector and contribute towards setting benchmarks for the industry. This recognition acknowledges the tireless efforts and contribution of every member of our team.”
It is worth noting that the Islamic Business & Finance Awards 2009 were first introduced in 2005 in response to the extraordinary growth of Islamic financial institutions, which is currently estimated at USD 840 million and is expected to surpass the USD 1 billion mark in 2010. The carefully selected judging panel, which is comprised of previous Awards winners and sector auditors and analysts from the Middle East, South Asia, Europe, and the U.S.A., issued a list of finalist candidates that included a number of leading Islamic financial institutions from around the world.

About Ernst & Young

Ernst & Young is one of the biggest local and international leaders in assurance, tax, transaction and advisory services, and began its operations in Amman, Jordan, in 1953. Today, our operations in Amman have grown to encompass over 200 employees under the management of three local partners.
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About Ernst & Young Middle East
The Middle East practice of Ernst & Young has been operating in the region since 1923. For over 85 years, we have evolved our operations in line with the legal and commercial developments of the region. We have over 4,200 people united across 20 offices and 15 Arab countries, sharing the same values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
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