01 July 2010

Volaw judged Best Islamic Administrator / Trustee

Volaw Trust & Corporate Services Limited have been awarded the Best Islamic Administrator / Trustee Award in the Islamic Finance Awards at the recent Sukuk Summit held in London on 9-10 June 2010.

Now in its fourth year, the Summit is generally regarded as the leading Islamic Capital Markets forum in Europe and was attended by over 200 delegates, with attendees from the Middle East and the Far East as well as Europe.

The Sukuk Summit Awards panel of judges is made up of respected industry experts from across the GCC, Europe and the South East Asia who are responsible for nominating those institutions and individuals that they deem to have attained outstanding achievements, success and excellence over the past 12 months. The Award was presented by Abdul Aziz Al Hinai, Vice President of the Islamic Development Bank, and Dr Catherine Cowley, Senior Lecturer in Ethics and Finance at University of London, at the Summit’s Gala Dinner. It was accepted on behalf of Volaw by Trevor Norman, Volaw’s Director of Islamic Finance and Funds Group

Commenting on the award Mr Norman said: “It is a great honour to receive this award which has previously been presented to multi-national companies such as Deutsche Bank and CIMB Islamic Bank, Malaysia. The award recognises the work my team has done in structuring and administering Islamic capital markets products for more than 15 years.

During the course of the Summit, Mr Norman participated as a panellist in the key debate between Shari’a Scholars and Islamic finance practitioners, this being the third year in succession that he had been invited onto this panel.

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