
GLOBAL: In a year where instability and innovation dominated the discourse and roiled the financial markets, Islamic banks proved their mettle by soldiering on adeptly with new strategies and unique competitive propositions. IFN is proud to reveal the most outstanding Islamic banks of 2018 as voted by you.
Now in its 14th year, the IFN Best Banks Poll recognizes the leading industry stalwarts across 38 sectors and countries. This year, the league of winners welcomed familiar faces but the landscape also went through a shake-up as more than a third of the categories contested were won by new names, displacing incumbents and demonstrating the ever competitive climate of the global Shariah banking industry.
IFN Best Banks Poll 2018 winners
Best Islamic Bank by Sector | Winner | Runner-up |
Best Central Bank in Promoting Islamic Finance | State Bank of Pakistan | Bank Negara Malaysia |
Best Islamic Bank for Treasury Management | Meezan Bank | Al Baraka Banking Group |
Most Innovative Islamic Bank | Emirates Islamic | Dubai Islamic Bank |
Best Islamic Private Bank | Abu Dhabi Islamic Bank | ADCB Islamic Banking |
Best Islamic Retail Bank | Dubai Islamic Bank | Maybank Islamic |
Best Islamic Trustee/Custodian | Standard Chartered | HSBC Corporate Trustees |
Best Islamic Leasing Provider | LOLC Al-Falaah | Islamic Finance House |
Best New Islamic Bank | FAB Siraj | MBSB Bank |
Massive congratulations to all winners! We are thrilled to be revealing the winner of the Best Overall Islamic Bank award on the 10th March in Dubai at the IFN Awards Ceremony. Stay tuned as five Islamic banking giants battle it out to win the top crown of the IFN Best Banks Poll 2018.
Best Overall Islamic Bank shortlist
For the full report on the IFN Best Banks Poll 2018 results, click here.