VG retains GIFA Best Islamic Trust Formation Services Award for the third year in succession.   

VG, one of the largest, leading independent providers of fiduciary and administration solutions to Islamic clients was recognised at the Global Islamic Finance Awards (GIFA) on 29th September 2018, when the company was named Best Islamic Trust Formation Services Provider for the third year running. VG impressed the judges with its continued exceptional commitment to developing innovative solutions for Islamic clients for over 20 years, building on its significant expertise and experience in Islamic finance structuring and administration.

The global award recognises those financial providers who demonstrate excellence in the quality of their offerings, the extent to which their services cross international borders and their promotion of growth within the global Islamic financial services industry.  

Trevor Norman, Director of Islamic Finance and Funds, commented on this latest accolade: “It is a huge honour for VG to once again receive this prestigious award which is a testimony to our team’s deep understanding of Islamic finance. Over the past year, our team has expanded and we have taken up new initiatives in Islamic Finance, reaching out to new geographic markets and promoting the issues of Impact Investing, Green Sukuk and Women in Finance. For over two decades we have been committed to developing strategies that are specifically aligned to Shariah principles, working closely with our partners and clients across the globe to continue to provide a world-class service that meets their individual needs whilst remaining respectful to the structures of their specific region.”  

This industry recognition consolidates VG’s leading global position as an Islamic finance partner of choice. Mark Hucker, Managing Director, VG, continues: “Our client base is truly international, but we are particularly well known for our work in structuring and administering Shariah-compliant funds and special purpose vehicles on behalf of Islamic financial institutions. There is huge momentum in the region and we are proud of the way our Islamic Finance team are working with our key partners to innovate and continue to provide a first class service throughout the Middle East, Asia and beyond, in particular, Africa which is fast becoming a key focus for us. Trevor and the team deserve a special mention for their commitment and expertise.”  

About VG Founded in 1982, VG is one of Jersey’s largest, award-winning independent providers of fiduciary and administration solutions. We administer a wide range of trusts, foundations, companies, partnerships, and funds, established in Jersey and other jurisdictions. VG develops and manages innovative Shariah-compliant financial structures for successful entrepreneurs, families and corporates entities.

For further information about VG’s Islamic Finance services, please contact Trevor Norman, Director or Dominic Coyne, Manager.