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Global Banking Corporation named as the Best New Islamic Investment Bank


Dubai, United Arab Emirates, February 27th, 2008:
Global Banking Corporation (GBCORP) was last night named as the 'Best New Islamic Investment Bank' at a prestigious awards ceremony held in Dubai, United Arab Emirates, in which leading players in the Islamic finance industry were honoured.


GBCORP was selected as the winner by Islamic Finance News, a leading Malaysia- based weekly publication that focuses on shari'a compliant financial markets. Investors, issuers and government officials were polled and 1,316 votes were cast in this year's poll, providing an unbiased guide to the leaders in the field of Islamic finance. The annual dinner was held in Dubai and honoured the winners and over 300 guests attended the event including senior industry leaders.


Upon collecting the award, Mark Hanson, Chief Executive of GBCORP said: "GBCORP has begun the New Year on a winning note and we at the bank are delighted to have won an award during our first six months of operation. The award is an honour that complements our drive for a new era of global Islamic banking. We look forward to achieving more successes such as this in the future."


GBCORP develops new Islamic investment offerings that align with investors' personal values and ethics. As a fast-growing Islamic investment bank, GBCORP's aim is to provide its clients with global shari'a compliant investment opportunities whilst offering a professional and personalised service.