SHARJAH: Sharjah Islamic Bank (SIB) has been recognized with the Quality Award from Deutsche Bank, highlighting its exceptional performance in Straight Through Payment (STP). The award underscores SIB's commitment to maintaining high standards in accuracy, security, and efficiency in financial transactions. According to Emirates News Agency, the award was presented during a ceremony at SIB's headquarters, where Ahmed Saad, Deputy CEO of the bank, accepted the Excellence Award from Najma Salman, Co-CEO and Co-Head of CEEMEA Corporate Cash and Trade at Deutsche Bank. Saad stated that this accolade is a testament to the bank's dedication to upholding superior practices in executing direct financial payments and facilitating external transfers.