SAIB was the proud recipient of the BEST DOMESTIC RETAIL ISLAMIC BANK in the Middle East award at the prestigious Islamic Banking and Finance magazine awards ceremony held in Dubai on the 5th of December 2012.

The Islamic Business & Finance Awards ceremony is amongst the most important annual event for the global Islamic financial community and brings together more than 300 senior Islamic financiers to celebrate and award the most innovative and successful Islamic institutions in the Middle East.

The award reflects the Bank's commitment to implement best-in-class products and services for its customers which has also resulted in SAIB winning earlier this year the World Finance magazine award for the 'Best Commercial Bank' and the Banker Middle East award for the 'Best NewRetail Finance' product.

Mr. Musaed Al Mineefi, General Manger of the Saudi Investment Bank, said "this award is a result of staff efforts and performance focused towards achieving the Bank's vision of being the financial partner of choice for aspiring businesses and individuals".