Deutsche Bank has been named Best Islamic Trustee/Custodian 2013 by Islamic Finance News. In addition, Deutsche Bank received the awards for Best IPO and Best Deal in Qatar.

Deutsche Bank has also been recognized for the Best Deal in KSA as well as the Best Infrastructure & Project Finance Category Deal for Deutsche Securities Saudi Arabia’s successful execution of the SADARA sukuk issue.

In addition, Deutsche Bank has been recognized in the murabaha and the trade finance category for its role in the Mobily transaction.

Salah Jaidah, chairman of Islamic finance at Deutsche Bank and chief country officer for Qatar, said: "We are honored to receive these awards from Islamic Finance news, as they reflect Deutsche Bank’s capabilities to structure complex Islamic Finance transactions. Furthermore, the Qatar Deal of the Year Award exhibits our passion and dedication to develop our Islamic Finance franchise in Qatar.”

Sriram Iyer, global head of trust and agency services, global transaction banking at Deutsche Bank, said: "We are pleased to receive this recognition for the fourth year in succession, as they further demonstrate our expertise in servicing the custody needs of the growing Islamic finance market. We remain dedicated to delivering world-class Islamic finance services to our clients around the world."

Jamal Al-Kishi, CEO of Deutsche Securities Saudi Arabia, said: “This is a great recognition by Islamic Finance News for Deutsche Bank’s business in the Kingdom through Deutsche Securities Saudi Arabia. We are committed to growing our Saudi franchise and to providing best-in-class Shariah-compliant products and services to our Saudi clients."