The Islamic Financenews Awards honors the best in the Islamic financial industry. It is one of the most prestigious awards and highly recognized by the global Islamic capital markets. These awards continue to be an apt representation of the current Islamic financial market landscape.
Established in 2005, this Poll recognizes the best supporting providers to the Islamic financial services industry globally as voted by the readers of Islamic Finance news. Islamic financial institutions, investors, corporates and government bodies from around the world are invited to participate by casting their votes.
Voting takes place during September with the results announced during the first week of October.
Accounting and Auditing Organization for Islamic Financial
Institutions (AAOIFI)
Best Islamic Consultancy Firm
Dar Al Sharia
Best Islamic Fund Manager
CIMB Islamic
Best Islamic Wealth Management Provider
HSBC Amanah
Best Takaful Provider
Takaful Ikhlas
Best Re-Takaful Provider
Munich Re
Best Islamic Index Provider
Dow Jones Islamic
Best Interbroker for Islamic Transactions
DDCAP
Best Islamic Ratings Agency
Fitch Ratings
Best Islamic Research Firm
International Shariah Research Academy (ISRA)
Best Law Firm in Islamic Finance
Norton Rose
Best Shariah Advisory Firm
Dar Al Sharia
Best Islamic Technology Provider
Path Solutions
Winners 2011
Most Outstanding Standard Setting Body
AAOIFI
Best Islamic Consultancy Firm
Dar Al Sharia
Best Islamic Wealth Management Provider
CIMB Islamic
Best Islamic Takaful Provider
Takaful Ikhlas
Best re-Takaful Provider
MNRB Retakaful
Best Islamic Index Provider
Dow Jones Islamic Index
Best Interbroker for Islamic Transactions
DDCap
Best Islamic Ratings Agency
RAM Ratings
Best Islamic Research Firm
KFH Research
Best Shariah Advisory Firm
Dar Al Sharia
Best Islamic Technology Provider
Path Solutions
Winners 2012
Most Outstanding Standard Setting Body
Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI)
Best Islamic Consultancy Firm
Dar Al Sharia
Best Islamic Takaful Provider
Etiqa Takaful
Best re-Takaful Provider
Takaful Re
Best Islamic Index Provider
S&P Dow Jones Indices
Best Interbroker for Islamic Transactions
DDCap
Best Islamic Ratings Agency
Standard & Poor's
Best Islamic Research Firm
International Shariah Research Academy for Islamic Finance (ISRA)
Best Shariah Advisory Firm
Dar Al Sharia
Best Islamic Technology Provider
Path Solutions
Methodology
Islamic financial institutions, investors, corporates and government bodies from around the world are invited to participate by casting their votes. The total number of votes are tallied at the end of the voting period and the final results is published in the weekly newsletter. Islamic Finance news does not play a role in the final decision process.
The annual Islamic Finance news Best Bank Poll recognizes the best providers of Islamic financial services across a series of markets and sectors as voted by the readers of Islamic Finance news. Islamic finance issuers, investors, non-banking financial intermediaries and government bodies from around the world are invited to participate by casting their votes.
Voting takes place during December with the results announced during the first week of January.
BEST OVERALL PROVIDER OF ISLAMIC FINANCIAL SERVICES
Dubai Islamic Bank
BEST OVERALL RETAIL ISLAMIC BANK
Dubai Islamic Bank
BEST NEW ISLAMIC BANK
Islamic Bank of Britain
MOST INNOVATIVE ISLAMIC BANK
Dubai Islamic Bank / Kuwait Finance House
BEST CENTRAL BANK IN PROMOTING ISLAMIC FINANCE
Bank Negara Malaysia
BEST INDIVIDUAL ISLAMIC BANKER
Iqbal Khan, HSBC Amanah
Best Islamic Banks by Country & Region
AFRICA
Al Baraka Bank
BAHRAIN
Bahrain Islamic Bank
BRUNEI
Islamic Bank of Brunei
EGYPT
Faisal Islamic Bank
INDIA
Al Ameen Islamic Financial & Investment Corporation
INDONESIA
Bank Muamalat Indonesia
IRAN
Bank Melli
JORDAN
Jordan Islamic Bank
KUWAIT
Kuwait Finance House
MALAYSIA
Bank Islam Malaysia
PAKISTAN
Meezan Bank
QATAR
Qatar Islamic Bank
SAUDI ARABIA
Al Rajhi Bank
TURKEY
Al Baraka Turkish Finance House
EUROPE
Islamic Bank of Britain
UAE
Dubai Islamic Bank
USA
Lariba
Winners 2006
OVERALL BEST ISLAMIC BANK
Dubai Islamic Bank
BEST OVERALL ISLAMIC RETAIL BANK
Al Rajhi Bank
MOST INNOVATIVE ISLAMIC BANK
Dubai Islamic Bank
BEST NEW ISLAMIC BANK
Kuwait Finance House Malaysia
BEST CENTRAL BANK IN ISLAMIC FINANCE
Bank Negara Malaysia
BEST INDIVIDUAL IN ISLAMIC FINANCE
Salman Younis - Kuwait Finance House Malaysia
Best Islamic Banks by Country & Region
AFRICA
Al Baraka Bank
BAHRAIN
Bahrain Islamic Bank
BRUNEI
Bank Islam Brunei
EGYPT
Faisal Islamic Bank
INDIA
Kotak Mahindra
INDONESIA
Bank Muamalat Indonesia
IRAN
Bank Saderat Iran
JORDAN
Jordan Islamic Bank
KUWAIT
Kuwait Finance House
MALAYSIA
Kuwait Finance House Malaysia
OMAN
Bank Muscat
PAKISTAN
Meezan Bank
QATAR
Qatar Islamic Bank
SAUDI ARABIA
Al Rajhi Bank
TURKEY
Al Baraka Turkish Finance House
EUROPE
Islamic Bank of Britain
UAE
Dubai Islamic Bank
USA
Lariba
Winners 2007
OVERALL BEST ISLAMIC BANK
Dubai Islamic Bank
BEST OVERALL ISLAMIC RETAIL BANK
Al Rajhi Bank
MOST INNOVATIVE ISLAMIC BANK
Dubai Islamic Bank
BEST NEW ISLAMIC BANK
Kuwait Finance House Malaysia
BEST CENTRAL BANK IN ISLAMIC FINANCE
Bank Negara Malaysia
BEST INDIVIDUAL IN ISLAMIC FINANCE
Salman Younis - Kuwait Finance House Malaysia
Best Islamic Banks by Country & Region
AFRICA
Al Baraka Bank
BAHRAIN
Bahrain Islamic Bank
BRUNEI
Bank Islam Brunei
EGYPT
Faisal Islamic Bank
INDIA
Kotak Mahindra
INDONESIA
Bank Muamalat Indonesia
IRAN
Bank Saderat Iran
JORDAN
Jordan Islamic Bank
KUWAIT
Kuwait Finance House
MALAYSIA
Kuwait Finance House Malaysia
OMAN
Bank Muscat
PAKISTAN
Meezan Bank
QATAR
Qatar Islamic Bank
SAUDI ARABIA
Al Rajhi Bank
TURKEY
Al Baraka Turkish Finance House
EUROPE
Islamic Bank of Britain
UAE
Dubai Islamic Bank
USA
Lariba
Winners 2008
BEST OVERALL ISLAMIC BANK
Kuwait Finance House
BEST CENTRAL BANK IN PROMOTING ISLAMIC FINANCE
Bank Negara Malaysia
BEST ISLAMIC RETAIL BANK
Al Rajhi Bank
MOST INNOVATIVE ISLAMIC BANK
Kuwait Finance House
BEST ISLAMIC PRIVATE BANK
HSBC Amanah
BEST NEW ISLAMIC BANK
Gatehouse Bank
Best Islamic Banks by Country & Region
AFRICA
ABSA
AUSTRALIA
Muslim Community Co-operative (Australia)
BAHRAIN
Bahrain Islamic Bank
BANGLADESH
Islami Bank Bangladesh
BRUNEI
Bank Islam Brunei Darussalam
EGYPT
Faisal Islamic Bank
EUROPE
Bank of London and The Middle East
INDONESIA
Bank Muamalat Indonesia
IRAN
Bank Melli
JORDAN
Jordan Islamic Bank
KUWAIT
Kuwait Finance House
MALAYSIA
CIMB Islamic
NORTH AMERICA
American Finance House: LARIBA
PAKISTAN
Meezan Bank
QATAR
Qatar Islamic bank
SAUDI ARABIA
Al Rajhi Bank
SINGAPORE
Islamic Bank of Asia
TURKEY
Albaraka Türk
UAE
Dubai Islamic Bank
Winners 2009
BEST OVERALL ISLAMIC BANK
CIMB Islamic Bank
BEST CENTRAL BANK IN PROMOTING ISLAMIC FINANCE
Bank Negara Malaysia
BEST ISLAMIC RETAIL BANK
Al Rajhi Bank
BEST ISLAMIC PRIVATE BANK
HSBC Amanah
MOST INNOVATIVE ISLAMIC BANK
CIMB Islamic Bank
BEST NEW ISLAMIC BANK
Ajman Bank
BEST ISLAMIC LEASING PROVIDER
Bank of London and the Middle East
BEST INDIVIDUAL ISLAMIC BANKER
Abdullah Sulaiman Al Rajhi, CEO, Al Rajhi Bank
Best Islamic Banks by Country & Region
AUSTRALIA
Muslim Community Co-operative Australia
BAHRAIN
Global Banking Corporation
BANGLADESH
Islami Bank Bangladesh
BRUNEI
Bank Islam Brunei Darussalam
EGYPT
Faisal Islamic Bank
FRANCE
BNP Paribas
INDONESIA
Bank Muamalat Indonesia
IRAN
Bank Melli
JORDAN
Jordan Islamic Bank
KENYA
First Community Bank
KUWAIT
Kuwait Finance House
LEBANON
Arab Finance House
MALAYSIA
CIMB Islamic Bank
OMAN
Bank Muscat
PAKISTAN
Meezan Bank
PALESTINE TERRITORIES
Arab Islamic Bank
QATAR
Qatar Islamic bank
SAUDI ARABIA
Al Rajhi Bank
SOUTH AFRICA
Absa Islamic Bank
SRI LANKA
Amãna Investments
SYRIA
Syria International Islamic Bank
THAILAND
Islamic Bank of Thailand
TURKEY
Türkiye Finans Katilim Bankasi
UAE
Dubai Islamic Bank
UK
Bank of London and the Middle East
USA
Devon Bank
YEMEN
Tadhamon International Islamic Bank
Winners 2010
Best Overall Islamic Bank
CIMB Islamic
Best Retail Islamic Bank
Al Rajhi Bank
Best Islamic Private Bank
HSBC Amanah
Most Innovative Islamic Bank
CIMB Islamic
Best New Islamic Bank
Maybank Syariah Indonesia
Best Central Bank in Promoting Islamic Finance
Bank Negara Malaysia
Best Islamic Leasing Provider
Kuwait Finance House
Best Islamic Trustee
Deutsche Bank
Best Islamic Private Equity House
NBK Capital
Best Islamic Banks by Country & Region
AUSTRALIA
Muslim Community Cooperative Australia
BAHRAIN
Bahrain Islamic Bank
BANGLADESH
Islami Bank Bangladesh
BRUNEI
Bank Islam Brunei Darussalam
EGYPT
National Bank for Development (ADIB)
FRANCE
BNP Paribas
INDONESIA
Bank Muamalat Indonesia
IRAN
Bank Melli
JORDAN
Islamic International Arab Bank
KENYA
First Community Bank
KUWAIT
Kuwait Finance House
LEBANON
Arab Finance House
MALAYSIA
CIMB Islamic
OMAN
Bank Muscat
PAKISTAN
Meezan Bank
PALESTINE TERRITORIES
Arab Islamic Bank
QATAR
Qatar Islamic Bank
SAUDI ARABIA
Al Rajhi Bank
SOUTH AFRICA
ABSA Islamic Bank
SRI LANKA
Amãna Investments
SYRIA
Syria International Islamic Bank
THAILAND
Islamic Bank of Thailand
TURKEY
Bank Asya
UAE
Abu Dhabi Islamic Bank
UK
Bank of London and The Middle East
USA
Lariba
YEMEN
Tadhamon International Islamic Bank
Winners 2011
Best Overall Islamic Bank
Kuwait Finance House
Most Innovative Islamic Bank
CIMB Islamic
Best Central Bank in Promoting Islamic Finance
Bank Negara Malaysia
Best Islamic Leasing Provider
Kuwait Finance House
Best Islamic Private Bank
National Bank for Development (ADIB)
Best Islamic Retail Bank
Al Rajhi Bank
Best New Islamic Bank
Warba Bank
Best Islamic Trustee/Custodian
Deutsche Bank
Best Private Equity House
Fajr Capital
Best Islamic Banks by Country & Region
AFGHANISTAN
Afghan Milli Bank
AUSTRALIA
Muslim Community Cooperative Australia
BAHRAIN
KFH Bahrain
BANGLADESH
Islami Bank Bangladesh
BRUNEI
Bank Islam Brunei Darussalam
EGYPT
National Bank for Development (ADIB)
FRANCE
BNP Paribas
INDONESIA
Bank Syariah Mandiri
IRAN
Bank Melli
JORDAN
Islamic International Arab Bank
KENYA
First Community Bank
KUWAIT
Kuwait Finance House
LEBANON
Arab Finance House
MALAYSIA
Bank Islam Malaysia
OMAN
Bank Muscat
PAKISTAN
Meezan Bank
PALESTINE TERRITORIES
Arab Islamic Bank
QATAR
Qatar Islamic Bank
SAUDI ARABIA
Al Rajhi Bank
SOUTH AFRICA
ABSA Islamic Bank
SRI LANKA
Amana Bank
SYRIA
Syria International Islamic Bank
THAILAND
Islamic Bank of Thailand
TURKEY
Bank Asya
UAE
Abu Dhabi Islamic Bank
UK
Bank of London and the Middle East
USA
Lariba
YEMEN
Tadhamon International Islamic Bank
Winners 2012
Most Innovative Islamic Bank
Bank Muamalat Indonesia
Best Central Bank in Promoting Islamic Finance
Bank Indonesia
Best Islamic Leasing Provider
Amanah Leasing
Best Islamic Private Bank
National Bank for Development (ADIB)
Best Islamic Retail Bank
Abu Dhabi Islamic Bank
Best New Islamic Bank
Alizz Islamic Bank
Best Islamic Trustee/Custodian
Deutsche Bank
Best Private Equity House
Qatar First Investment Bank
Best Islamic Banks by Country & Region
AUSTRALIA
Muslim Community Co-operative Australia
BAHRAIN
Al Baraka Islamic Bank
BANGLADESH
Islamic Bank Bangladesh
BRUNEI
Bank Islamic Brunei Darussalam
EGYPT
National Bank for Development (ADIB)
INDONESIA
Bank Muamalat Indonesia
IRAN
Bank Melli Iran
JORDAN
Jordan Islamic Bank
KENYA
Gulf African Bank
KUWAIT
Kuwait Finance House
LEBANON
Al Baraka Lebanon
MALAYSIA
Bank Islam Malaysia
OMAN
BankMuscat
PAKISTAN
Al Baraka Islamic Bank
PALESTINE TERRITORIES
Palestine Islamic Bank
QATAR
Qatar Islamic Bank
SAUDI ARABIA
Al Rajhi Bank
SOUTH AFRICA
Absa Islamic Bank
SRI LANKA
Amana Bank
SUDAN
Al Baraka Bank Sudan
SYRIA
Syrian International Islamic Bank
THAILAND
Islamic Bank of Thailand
TURKEY
Turkiye Finans Katilim Bankasi
UAE
Abu Dhabi Islamic Bank
UK
Bank of London & The Middle East
USA
Lariba
YEMEN
Islamic Bank of Yemen
Methodology
Islamic finance issuers, investors, non-banking financial intermediaries and government bodies from around the world are invited to participate by casting their votes. The total number of votes are tallied at the end of the voting period and the final results is published in the weekly newsletter. Islamic Finance news does not play a role in the final decision process.
The IFN Deals of the Year was established in 2006 and recognizes those who have participated in the industry’s most groundbreaking transactions each year. Financial institutions and intermediaries are invited to submit their chosen transactions from the previous 12 months, which fall under one of the carefully selected sectors. A panel of experts from non-competing organizations then sieve through all submissions during the elimination process until just one transaction in each category remains and is thus awarded the winner of that category.
Submissions are accepted during the month of December with the results announced during the first week of January
Submission open from 22nd November till 31st December
Submission Guidelines
Submissions must be no more than two pages in length, in bullet format
State clearly at the top of the deal page, which categories that particular deal is being nominated for. If it is not clearly stated it will not be considered.
Please mark ‘Confidential’ if certain information should not be published
Only one submission per category (Individual deals may be nominated for more than one category)
Only those deals which were closed after the 1st January 2010 will be considered
Only those deals which have been completed may be submitted
Submissions to be provided in soft format in either excel, word or PDF format
Closing date for submissions: Friday 17th December 2010
Deals which close between the 17th December and the 31st December 2010 may be submitted up to and including Friday the 31st December 2010
All submissions should be emailed exclusively to: Andrew.Morgan@REDmoneyGroup.com
Results will be announced on Wednesday 5th January 2011
Launched in 2011, the IFN Asset Management Poll focuses on the rapidly developing global Islamic funds industry. With over 700 Shariah compliant funds and a combined value in excess of US$500 billion the Islamic fund industry is becoming a key focus for the investor community regardless of their faith. Polling takes place during July and August each year with the results being published in the annual IFN Asset Management Report in September. Surveys are sent to institutional investors, money managers, private bankers, investment analysts, treasurers and other recognized investors. They are asked to provide information on a number of criteria pertaining to the Islamic fund industry and also on their choice for best fund management companies and individuals in a number of categories. The surveys are collated, reviewed and the results published in Islamic Finance news.
Launched in 2011, the IFN Law Poll builds on the highly regarded IFN Leading Lawyers which was launched in 2008. Focusing on the Law firms, rather than the individuals as with the Leading Lawyers, the IFN Law Poll provides an annual guide to which legal entities are recognized amongst their clients and peers as the best in certain categories. Polling will take place during April and May with the results being published annually in the July IFN Legal Report. Polling forms are sent to in-house counsel and senior industry practitioners worldwide. They are then asked to provide their views on which firms they believe provide a superior service in the categories they have experience. After a lengthy due diligence process the results are published in Islamic Finance news.