Sheikh Dr Abdulaziz Bin Naif Al Orayer, the chairman of t’azur Company, has won the 'Outstanding Contribution to Islamic Finance' award at the 2009 Islamic Business & Finance Awards.

The annual award ceremony honours companies and individuals that have made a significant contribution to global Islamic Finance industry. Short-lists for each of the categories are compiled by judges from across the globe and are voted on by the global readership of the Islamic Business & Finance magazine.

“Islamic Finance, and Takaful in particular, is a new and very challenging field; we at t’azur always have and always will continue to develop innovative products and services for the benefit of all our clients,” said Sheikh Dr Al Orayer.

t’azur is a Bahrain-based Takaful (Islamic Insurance) company, founded by Unicorn Investment Bank, and offers both life and non-life products and services to individuals and corporate clients.

The company has operations in Bahrain, Kuwait and Qatar, where it recently established itself as the first Islamic General Insurance Company in the QFC (Qatar Financial Centre).-TradeArabia News Service