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Wednesday, 04/05/2006 5:08:44 PM

Wednesday, April 05, 2006 5:08:44 PM

Post# of 49
Press Release-
Friday 24thMarch 2006Halal Financial Services Wins Prestigious AwardHalal Financial Services has been awarded European regional winner of the prestigious Sheikh MohammedBin Rashid Al Maktoum Islamic Finance Award.His Highness Sheikh Hasher bin Maktoum Al Maktoum, Director General of the Department of Information,Dubai (left), handed the award to Halal Financial Services CEO, Tariq Mahmood (right). CEO of Halal Financial Services Inc. Tariq Mahmood comments:“ To have been nominated let alone to have won the prestigious Sheikh Mohammed Bin Rashid Al MaktoumIslamic Finance Award is a remarkable acknowledgement of our company’s contribution in the promotion of theIslamic Finance industry. The Award really is a testimony to Halal Financial Services Vision and efforts inattempting to make Islamic Finance a global reality, the credit of which has to be attributed to all staff membersat Halal Financial Services who have worked so assiduously in both the promotion and sales aspect in providingethical investors a real alternative to conventional banking.Halal Financial Services has continued to invest and develop both personnel and the infrastructure of thebusiness, in order to remain ahead of its competitors, and this ethos has provided the company the continuedrecognition it has been achieving.Halal Financial Services has been featured in leading publications such as the Middle East Banker, along withthe Sheikh Mohammed Bin Rashid Al Maktoum Islamic Finance Award, this further underpins thecompany’s commitment to professionalism and success, and in raising the awareness and profile of IslamicFinance which on the basis of this truly prestigious international award, has been further recognized. ”The Award ceremony took place at the Jumeirah Beach Hotel in Dubai on Monday 20th March 2006, some ofthe evenings other award winners included Dubai Islamic Bank, Ernst & Young and Solidarity one of the worldslargest Takaful (Islamic Insurance) companies.Company websites: www.halalfinancialservices.com & www.halalmortgages.comThis press release contains "forward-looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, andSection 21E of the Securities Exchange Act of 1934 as amended, and is subject to the safe harbors created thereby. Such statementsinvolve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in theforward-looking statements as a result of risk factors discussed in Halal Financial Services reports that will be on file with the US Securitiesand Exchange Commission.

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