This year’s awards celebrate increased product innovation, digital transformation and the widespread recovery from the Covid-19 pandemic, together with the growing intersection between ESG and sharia-compliant financing.

Islamic Bank of the Year Awards 2021
June 1, 2021This year’s awards recognise lenders that have kept pace with the increasing sophistication and demands of Islamic banking customers around the world.
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Islamic Bank of the Year Awards 2020
June 1, 2020The Banker’s Islamic Bank of the Year Awards shows a fast-growing sector prior to pandemic.

Islamic Bank of the Year Awards 2019
June 3, 2019The Banker’s 2019 Islamic Bank of the Year Awards offers a snapshot of an industry brimming with confidence and one that is defining its own story.

Islamic Bank of the Year Awards 2018
June 1, 2018Islamic finance underwent something of a revival in 2018 after a handful of slow years, and this return to growth is reflected in The Banker’s 2018 Islamic Bank of the Year Awards, which rewards the leaders in a field that is enjoying impressive net profits and returns on equity.

Islamic Bank of the Year Awards 2017
June 1, 2017The meteoric rise of the Islamic finance industry in recent years has slowed of late, but taken as a whole its growth still outscores that of its conventional counterpart. The Banker recognises the leading Islamic institutions of the past 12 months, each of which has shown innovation and growth in a maturing market.

Islamic Bank of the Year Awards 2016
June 1, 2016The Islamic finance industry continues to thrive despite falling oil prices in many of its key markets and regulatory changes that obstruct integration. As the sector matures, The Banker celebrate the industry’s finest in our Islamic Bank of the Year Awards 2016.

Islamic Bank of the Year Awards 2015
June 1, 2015The Islamic finance success story shows no signs of abating, with banks in this field continuing to thrive in spite of continuing global economic pressures and social and political unrest in many of its strongholds. We celebrate the industry’s finest in our Islamic Bank of the Year Awards 2015.

Islamic Bank of the Year Awards 2014
June 2, 2014As Islamic finance continues to grow and the market matures, the products and services it provides continue to innovate and impress. The Banker rewards the best of these in its Islamic Bank of the Year Awards 2014.

Islamic Bank of the Year Awards 2013
June 4, 2013As Islamic banks continue to post impressive figures compared to their conventional counterparts, The Banker launches its inaugural awards aimed at celebrating this financial sector. With a global award, regional winners for Asia-Pacific and the Middle East, as well as 13 country prizes, the awards show what an impressive geographical reach Islamic finance has established.
More articles on Islamic finance

Islamic finance's full potential still to be unlocked
November 1, 2011Despite an impressive 12 months for Islamic finance, the view from the industry is that results could be even greater if hurdles concerning taxation, regulation, legal frameworks, market challenges and a lack of qualified scholars are tackled.

AAOIFI to look to develop Islamic finance standards
November 1, 2011With no single interpretation of Islamic law, differences in rulings between scholars over whether products are sharia-compliant has led to a lack of standardisation in the industry. Resolving this issue is key to bringing about greater efficiency, transparency and cohesion – ultimately helping to raise the curtain for more Islamic business, says AAOIFI deputy secretary general Khairul Nizam.

Islamic finance's growth story is only just beginning
November 1, 2011The Islamic finance industry has undergone rapid growth in recent years, but in representing just 1.5% of global banking assets, it remains a hugely underpenetrated market across many asset classes and geographies. This has led the heavyweight global Islamic players to redefine their strategies to capitalise on these opportunities.

North African Islamic finance in the post-Arab Spring world
November 7, 2012The Arab Spring uprisings have brought change on an unprecedented scale to north Africa over the past couple of years, but what impact have these changes had upon the region's appetite for Islamic finance?

Noor Islamic Bank pushes Islamic finance towards maturity
November 7, 2012Islamic finance is increasingly being viewed as a credible alternative to conventional finance, but Hussain Al-Qemzi, group chief executive of Dubai-based Noor Investment Group and chief executive of Noor Islamic Bank, recognises that Islamic institutions must work together if they are to compete with conventional banks.

Islamic finance: the state of play
October 22, 2012Four experts in Islamic finance discuss the issues affecting the industry at present, and look at what the key opportunities within it are likely to be in the coming years.

Islamic finance in 2013: beyond the growth
March 1, 2013Year upon year, the Islamic finance industry posts stellar growth figures. However, as large Western lenders withdraw from the sector, is Islamic finance in as healthy a shape as the figures suggest? The Banker asks a number of experts in the field what the future holds for sharia-compliant banking.