Awards Report 2014

Welcome to the 2014-15 edition of the IFN Awards Guide, a bumper issue of deals, case studies and analysis of the top deals, transactions, movers and shakers of the previous year.
The past year has been seminal for the growth and development of the industry worldwide, and the Shariah compliant capital markets have taken a number of groundbreaking strides forward supported by both the sovereign and corporate sectors. We have seen new regions such as Africa break into the market, and a study of the benchmark CFA100 billion issuance from Senegal, our winner for Africa Deal of the Year.
The UK, Hong Kong and Luxembourg all entered the Islamic market in a concerted demonstration of support from non-Muslim majority nations, with issuances that should go a long way towards expanding the reach, depth and breadth of Shariah compliant instruments and consolidating their usage across the mainstream financial markets.
The corporate market has been equally active, and we have seen both government-related entities and financial institutions step up to the plate. The US$100 million commodity Murabahah deal from the ICD won our Cross-BordeR Deal of the Year, while the sale of Barclays Bank’s retail business in the Middle East to Abu Dhabi won Corporate Finance Deal of the Year.
We also bring you a wealth of case studies, analysis and articles from leading players across the board to add to your enjoyment: as well as the full results for IFN’s Best Islamic Banks Poll 2014, Best Islamic Service Providers 2014, Islamic Investor Awards 2014 and Islamic Law Awards 2014.
We congratulate all the winners of all the awards for the past year, and commend them for their sterling contribution towards the ongoing development of the industry. And of course as always, thank you to all our readers for your participation, dedication and collaboration. Enjoy!
DownloadContent in Awards Report 2014
Saudi Telecom’s inaugural riyal issuance
Monday, 02 Mar 2015 | Special Awards Issue
Special ReportsFinal talks for merger
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsImprovement expected
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesMondial to offer DSAM funds
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsNew funds coming up
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsMurabahah financing
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsTone of optimism
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsPayment for Sukuk
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsForeign entity rating criteria
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsNew debt law passed
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsIstisnah guidelines out
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsFund’s first acquisition
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsExcellent standing
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesIslamic finance for poor
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsNo plans for Sukuk
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsVenturing overseas
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsLeaning on its strengths
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesWork gratuity as collateral
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsMore Sukuk to come
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsFinalizing debt agreement
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSukuk oversubscribed
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsADIB as arranger
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsLocomotive financing
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsRobust position
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesSelf market to attract
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsIslamic banking framework
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsAmtex Sukuk downgrade
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesMega bank capital
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsIncreasing stake
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSubstantial standing
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesTwo funds from Alinma
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsPower station financing
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsCertificate of deposits
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSolid background
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesAim for 10% share
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsShariah compliant technology
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsInsurer strength reaffirmed
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesSukuk, IPO focus in 2011
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsLicense for brokerage
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsDisappointing performance
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesPotential as largest issuer
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsReturn calculation changes
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsUnder observation
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesNBAD’s Sukuk oversubscribed
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsRaising capital resources
Wednesday, 05 Jan 2011 | Special Awards Issue
Takaful NewsNew Islamic branches
Wednesday, 05 Jan 2011 | Special Awards Issue
Events NewsKFH funds sewage plant
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSukuk plans in 2011
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsLuxembourg hosts IFSB summit
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsIncreasing capital
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsTraffic based rating
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesDowngrade and withdrawal
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesA reason to grow
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsModerate performance
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesRegulate short selling
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsFirm grounds
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesBonds to surpass 2010 record
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSBP declares profit rate
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsShariah market focus
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsKPMG FAKHRO
Wednesday, 05 Jan 2011 | Special Awards Issue
MovesOversubscribed by 335%
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsIslamic wrap platform
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsPositive projections
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSukuk series upgrade
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesFinancing for farmers
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSubstantial backing
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesMoU for project funding
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsFunding for oil
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsFirst French Sukuk in 2011
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsBNM reviews offers
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSecond phase banking
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsDispute resolved
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSecure position
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesMoU between central banks
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsExemption request rejected
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsNew creditors’ panel
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsStable ground
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesBoost in Sukuk amount
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsShariah CDs revenue
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsOutlook adjusted
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesApproval received
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsDebt reschedule approved
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSaudi Sukuk growth in 2011
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsOpportunity in Waqf
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsCooperatives can invest capital
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsFirm foundation
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesExpansion strategy
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsExpansion plans
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsAcceptance to restructuring plan
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsTakaful for post office
Wednesday, 05 Jan 2011 | Special Awards Issue
Takaful NewsMedical services deal
Wednesday, 05 Jan 2011 | Special Awards Issue
Takaful NewsTechnical boost
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsGulf Sukuk soon
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsLeaning on its strength
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesFirmly anchored
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesNew IFSB documents
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsPolicies to boost Sukuk
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsINTERNATIONAL ISLAMIC LIQUIDITY MANAGEMENT CORPORATION
Wednesday, 05 Jan 2011 | Special Awards Issue
MovesUS$320 million for expansion
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsConstructive ratings
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesExemption request disapproved
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsStandardization for growth
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsExpanding further
Wednesday, 05 Jan 2011 | Special Awards Issue
Takaful NewsNo sale of assets
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsStrong growth plans
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsUpgrade for refinery
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsConsistently strong
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesCelebrating the best in Islamic finance
Wednesday, 05 Jan 2011 | Special Awards Issue
Editor`s NoteStrong connections
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesIndonesia banks stable
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsPositive revision
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesRinggit Sukuk in demand
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsGoal for growth
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsPosition maintained
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesHSBC Amanah in Bangladesh
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsDUBAI ISLAMIC BANK
Wednesday, 05 Jan 2011 | Special Awards Issue
MovesBourse management ends
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsStrengthen Shariah training
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsNew Shariah index
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsIndonesia banks stable
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsPosition maintained
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesRinggit Sukuk in demand
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsGoal for growth
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsTatarstan’s passage to Sukuk
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsADIB arranges syndicated deal
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsMoU for Takaful
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsIFSB adds five new members
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSukuk fares well
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsSipchem Sukuk
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsProject financing
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsJordan banking climate
Wednesday, 05 Jan 2011 | Special Awards Issue
News Briefs2011 Sukuk projection
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsLong term upgrade
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesGender gap narrows
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsISLAMIC FINANCIAL SERVICES BOARD
Wednesday, 05 Jan 2011 | Special Awards Issue
MovesSukuk for local banks
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsOn shaky grounds
Wednesday, 05 Jan 2011 | Special Awards Issue
Rating UpdatesBanks to raise provisions
Wednesday, 05 Jan 2011 | Special Awards Issue
News BriefsDeals of the year 2010 Results
Tuesday, 04 Jan 2011 | Special Awards Issue
IFN AwardsBest Banks Poll 2010 Results
Tuesday, 04 Jan 2011 | Special Awards Issue
IFN Awards