Forex Broker Tadawul FX Wins Best Islamic Finance Provider Award and Launches Arabic Website

LIMASSOL, Cyprus, June 28, 2011 -

Forex broker Tadawul FX, licensed by the Cyprus Securities
and Exchange Commission, proudly announces it has won the award for
Best Islamic Finance Provider at the World Finance Foreign Exchange
Awards 2011.

Thomas Papantoniou, Chief Operations
Officer and Partner of Tadawul FX says: “We have always been a
market leader in Islamic forex through our competitive swap-free
accounts, without hidden commission, fees or spread widening.
Islamic clients enjoy the same low fixed spreads as others but
trade in accordance with their beliefs.”

Islamic clients cannot incur overnight
interest charges and can  distribute profits
through initiatives such as ‘hibah’. Tadawul FX enables these
services allowing easy Islamic trading.

Stavros  Yiannakou,
CEO & Partner  of Tadawul FX, says: “At
Tadawul FX, we remain focused on innovation and strong customer
support. This award recognizes this and we are proud to add to our
growing accolades.”

The broker also announced its Arabic website launch,
providing a more localized service catering to its large Middle
Eastern client base, alongside its Arabic language support.
Traditionally a difficult market to enter, Tadawul FX has
successfully established itself as a broker that understands the
challenges of Islamic trading.

Thomas Papantoniou feels this is important. “The Middle
East is key for us, not only as interest in forex is high, but as
we have a reputation as the leading Islamic broker and have a loyal
client base. This region has many serious traders who seek good
support and competitive conditions, who become loyal when pleased
with their service. This has helped us expand greatly in this
region.”

After winning 3 awards in a few short
months, including two class="yiv221043397apple-style-span">Excellence awards for
Islamic Forex Broker and Forex Broker in the Middle East at the
2011 IBTimes Trading Awards,
Tadawul FX is ideally placed to further grow its customer
basearound the region  and beyond.

About Tadawul FX:

Tadawul FX is a href="www.tadawulfx.com/public/about-tdfx/about-us.html">
forex broker. TDFX is
licensed and regulated by the Cyprus Securities
& Exchange Commission (license number 103/09) and is registered
with the UK href="www.fsa.gov.uk/register/firmBasicDetails.do?sid=235395"
target="_blank">Financial Services Authority
(FSA) with registration number 516667, as well
as href="www.bafin.de/cln_161/nn_720494/SharedDocs/Unternehmen/EN/12/32/123252.html?__nnn=true"
target="_blank">German regulators
BAFIN (Reg 123252).

The Tadawul FX website in Arabic can
be found on href="www.tadawulfx.com/public/ar/">www.tadawulfx.com/public/ar/
.

For information  class="yiv221043397apple-style-span">about Tadawul
FX href="www.tadawulfx.com/public/trading-accounts/islamic-forex-account.html">
Islamic forex accounts class="yiv221043397apple-style-span">, visit the
website href="www.tadawulfx.com/">www.tadawulfx.com class="yiv221043397apple-style-span">
, contact Tadawul FX at href="mailto:support@tadawulfx.com"
target="_blank">support@tadawulfx.com or
telephone: +357-25-200-920.

For information about Tadawul FX Islamic forex accounts, visit the website www.tadawulfx.com , contact Tadawul FX at support at tadawulfx.com or telephone: +357-25-200-920. Kate Alippa, Head of Marketing & PR