Warba Finance & Dev Bank International Islamic bank has been declared a winner of  the "Best Islamic Bank Award for 2010", during   an annual awarding ceremony held on 28th Feb.2011 in Dubai by  an international awarding establishment  "Islamic Finance News Awards" that surveys the performance of financial institutions in the Islamic banking sector , as Warba Finance & Dev Bank has come ahead of all Islamic banks operating in Kuwait .
Mr. Shawki Ahmed Hayel ,WarbaFDB Member of the board and Managing Director  comments by saying "We are delighted at this announcement since the bank has been honored by the" Islamic Finance News Awards "as the Best Islamic Bank in Kuwait which comes as an evidence of the bank's remarkable financial standing , and high quality level of its unique Islamic banking services in Kuwait . He adds" we  are confident that Warba Finance & Dev Bank International Islamic Bank will play a pivotal role in promoting Sharia'a -compliant banking business,  in addition to constantly  strengthening  its leading position in the Islamic banking sector.
on his part , Mr. Rafiq Nikolaus Schwarz CEO underlines the fact that  this award reflects the valuable role dramatized by Warba Finance & Dev Bank International Islamic bank  and its success in the banking business sector in Kuwait, which has been also the catalyst to maintain its presence in the  global and regional markets based on its policy of international expansion.

Since its emerge  in 2005, the "Islamic Finance News Awards" has taken up the role to honor the best financial and banking institutions operating in the Islamic finance sector by granting one of the outstanding and most respected awards in the global Islamic financial community.
The surveys carried out by "Islamic Finance News Awards"  have been known as the most accurate indicator in describing the ongoing trends  in global financial markets, and its annual evaluations  are most reliable and transparent tool to gauge performance in the Islamic banking  sector .