According to Amac News: In the announcement of Islamic Bank of Sharjah, it is stated that this award was received due to the exceptional performance of this bank in direct payment (STP).
In a ceremony held at the headquarters of SIB, Ahmed Saad, Vice President of the bank, received the Excellence Award from Najma Salman, Managing Director and Co-Chairman of CEEMEA Cash and Trade at Deutsche Bank.
The vice president of this bank said that winning this award is proof of the bank's success and commitment in meeting the highest standards of accuracy, security and efficiency in making direct financial payments and facilitating foreign transfers.