[July 01, 2011] Tadawul FX Wins Best Islamic Finance Provider Tweet Jul 01, 2011 (Close-Up Media via COMTEX) -- Online forex broker Tadawul FX announced that it has been named the winner of the Best Islamic Finance Provider at the World Finance Foreign Exchange Awards 2011. According to a release, these awards highlight and reward the achievement and best practice applications for Islamic forex trading that Tadawul FX is now known for worldwide. Amongst the criteria for nomination to the category of Best Islamic finance provider, were key issues such as service and security of trading, as well as quality provided. According to the organizers, the continuous efforts by Tadawul FX to add new services and benefits for traders contributed greatly to their success in this area. The company noted that the judges of the awards also took into consideration the trading platforms and technology infrastructure of the company, the level of regulatory transparency implemented and solid governance of the business, all of which were found to be favourable at Tadawul FX. In the Islamic finance category, the market leadership position that Tadawul FX holds with regards to Islamic forex trading was a key advantage. Thomas Papantoniou, Chief Operations Officer and Partner of Tadawul FX, says: "We have always provided a very attractive Islamic forex product through our provision of competitive swap free accounts, without hidden commission charges, fees or widening of spreads. This ensures that Islamic clients can enjoy the same trading conditions of low fixed spreads as other traders but still remain in accordance with their values and beliefs." Islamic clients are not entitled to incur overnight interest charges and can also distribute profits through initiatives such as hibah gift donation. Tadawul FX provides support for all these services thereby enabling Islamic clients to enjoy complete management of their trading accounts as they wish. More Information: tadawulfx.com worldfinance.com ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]