Islamic finance awards 2008: Best commodities house

For yet another year, the joint venture between Dawney, Day and Icap has been well ahead of the competition in Islamic commodities trading.

Islamic Finance Awards

DDCAP Group In the past 12 months the London-based firm has been involved in an impressive array of transactions.

DDCap helped fuel Investment Dar’s takeover of Aston Martin

DDCap helped fuel Investment Dar’s takeover of Aston Martin

On July 1, for example, it facilitated a $2.5 billion commodity trade to support the conversion of Kuwait International Bank (formerly Kuwait Real Estate Bank) to a fully compliant Islamic bank. It also provided the commodities facilitation for the 2007 acquisition of Aston Martin by the consortium led by Islamic investment company Investment Dar.

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