Global Islamic Finance Awards 2024 (GIFA)

September 2024, London – DDCAP Group™ (“DDCAP”) is honoured to have been awarded GIFA Market Leadership Award (Digital Sharia Compliant Asset Facilitation) 2024 and Best Islamic Finance Technology Product 2024 for ETHOS AFP™ at the Global Islamic Finance Awards 2024.

The Awards Ceremony took place on Tuesday 17th September 2024, in Villa Nautica, Paradise Island, The Republic of Maldives. This year’s Global Islamic Finance Summit 2024 had a theme of Islamic Finance in a Digital Landscape – Innovation and Sustainability, followed by the Awards Ceremony, beginning with a Welcome Address by Dr Humayon Dar, Chairman of Global Islamic Finance Awards and a Special Address from His Excellency Dr Mohamed Shafeeq, Minister of Finance of Maldives.

DDCAP is delighted to receive both awards and noted, with great honour, this being the sixth consecutive year that ETHOS AFP™ has been the recipient of the Best Islamic Finance Technology Product.

On receiving the news of these accolades, Lawrence Oliver, Director, Deputy Chief Executive Officer, DDCAP Group™ made the following statement:

“We are delighted to accept the GIFA Market Leadership Award (Digital Sharia Compliant Asset Facilitation) 2024. This celebrates our vision to provide innovative and ethical financial solutions that fully embrace ESG and Shariah-compliant, responsible principles. At DDCAP Group™, we remain committed to these goals and our teams in London, the GCC and Kuala Lumpur continue to work extremely hard to provide award winning services for our clients. 

In addition, we are honoured that ETHOS AFP™ has once again been recognised by GIFA as the Best Islamic Finance Technology Product for 2024. ETHOS AFP™ was developed as a bespoke, real-time trade and post trade services platform delivering an array of innovative benefits and efficiencies whilst mitigating risks for our clients. We are extremely proud to receive this accolade and will continue to develop our platform with the goal of ‘connecting the global Islamic financial market responsibly’.”

About DDCAP Group™ (DDCAP) and ETHOS AFP™ (ETHOS)

Headquartered in London, DDCAP Group™ (DDCAP) is a market intermediary and financial technology solutions provider and we have been working to connect the global Islamic financial market responsibly for over 25 years. Through our API technology and our automated trade and post trade services platform ETHOS AFP™ (ETHOS), we have introduced digital solutions that have significantly enhanced Islamic financial market efficiencies globally.

DDCAP ETHOS offers award-winning asset facilitation services and technology solutions to over 300 Islamic financial sector clients worldwide, including banks, non-bank financial institutions, asset managers and fintechs, across a diverse range of responsible and sustainable Sharia compliant products, asset classes and markets. Since 2013 we have maintained an in-house Sharia Supervisory Board that comprises five, world renowned scholars from the GCC and Southeast Asia. 

A conscious decision to embed sustainable and responsible actions within our business and its services shapes our approaches and affiliations. DDCAP became a service provider signatory to the UN Principles for Responsible Investment in 2016 and a stakeholder endorser of the UN Principles for Responsible Banking in 2020.

Outside of our London headquarters, our international footprint includes our representative offices in the Dubai International Financial Centre, Kuala Lumpur, Malaysia and Bahrain.

DDCAP and ETHOS – Connecting the Global Islamic financial market responsibly

To find out more, visit www.ddcap.com or contact:

Emily Brailey – Marketing and Communications Manager

DDCAP Group™

+44 207 863 1298

communications@ddcap.co.uk

About Global Islamic Finance Awards (GIFA)

Global Islamic Finance Awards (GIFA) have grown over the years to become one of the highly coveted and most respectable market-led awards in Islamic banking and finance in the world. It is a prestigious label of excellence that recognises governments, institutions and individuals who have exhibited outstanding achievements in their respective fields, contributing to the sustainability of Islamic banking and finance as a viable system within the global international financial architecture.

Founded in 2011 by Edbiz Corporation as part of its advocacy for Islamic banking and finance, GIFA celebrate the achievements of individuals, institutions and governments in promoting and advocating Islamic banking and finance, and ensuring that it remains committed to social responsibility. As the most prestigious awards in Islamic finance, GIFA promote social responsibility, Shari’a authenticity and commitment to Islamic banking and finance. GIFA acknowledge excellence and best practices in Islamic finance in various categories ranging from industry players to service providers, Shari’a scholars and academicians in various sectors within Islamic finance. Every year, the GIFA Awards Committee recognises institutions and individuals from around the world for their exceptional contributions to the development of Islamic banking and finance.

GIFA award ceremonies are held annually designed to highlight, encourage and reward exceptional performance and contributions to the growth of the global Islamic banking and finance community with an ultimate objective of promoting social responsibility, adherence to Shari’a authenticity and commitment to Islamic banking and finance. Being the only global Islamic finance awards programme, GIFA winners come from all corners of the world, from the USA to Indonesia, and from the UK to Kazakhstan and Eastern Europe. The coverage of GIFA is comprehensive, as we include all the industry stakeholders from politicians to academicians that have played leadership roles in their respective fields.

To find out more, visit www.gifaawards.com or contact gifa@gifaawards.com

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