The Saudi Fransi Capital (SFC) continues its achievements in investment banking by winning the Best Islamic Investment Bank in the 2013 Banker Middle East Industry

"We are proud of our repeated accomplishments and continued leadership in investment banking," said Yasir bin Othman Al-Rumayyan, SFC chief executive officer.

Al-Rumayyan received the award on behalf of SFC during the annual Banker Middle East 2013 CPI Award in Dubai last week.

Adam Broom, CPI Financial magazine chief executive officer (CEO) , added, "With its success in the Best Islamic Investment Bank category, it is clear that Saudi Fransi Capital is a regional leader in the sector and the recognition of the peers is likely to continue. As there were more than 20,200 voters this year, it is a clear endorsement of the company's strategy."

Al-Rumayyan thanked Broom "for their efforts in serving the financial and banking sector." He added: "SFC takes pride in the numerous awards it has achieved, indicating excellence in delivering investment banking products and solutions to clients. We have won various awards."

The awards include Best Investment Bank in the Middle East by the Islamic Business and Finance magazine, Deal of the Year 2013 by Banker magazine- Financial Times Group (for capital restructuring of Zain in Saudi Arabia), Deal of the Year "Project Financing" 2012 by the Islamic Finance magazine, Best IPO in the Middle East for 2012 from EMEA magazine.

Award for Best Equity House in the Middle East Banking Awards by Euromoney and the Best Sukuk Restructuring by The Banker Middle East.

"Winning such a huge number of prestigious awards during the year and attaining 41 percent market share of the Saudi IPO market in the last two years is evidence of our excellence and leadership," he said.