Islamic finance award open for nomination

KUALA LUMPUR: Malaysia’s Royal Award for Islamic Finance (The Royal Award) is open for nomination for its third global search to honour an exceptional individual in the field of Islamic finance.

Islamic finance award open for nomination

Islamic finance award open for nomination

The Royal Award, which was inaugurated in 2010 as a biennial award, is spearheaded by Bank Negara and the Securities Commission (SC) in support of Malaysia’s Islamic finance marketplace. The Royal Award focuses on an individual’s record of achievement and outstanding contribution to the advancement of Islamic finance globally.

Previous recipients recognised for their efforts in expanding Islamic finance were Shaikh Saleh Abdullah Kamel, founder of the Saleh Kamel Centre for Islamic Economy, at Al-Azhar University, Egypt, and Iqbal Khan, presently chief executive officer of Fajr Capital.

An independent seven-member international jury, chaired by former Malaysian Deputy Prime Minister and chairman of the World Islamic Economic Forum Foundation, Tun Musa Hitam, will select the deserving individual, according to a statement issued by the SC.

It said the selection criteria of The Royal Award for Islamic Finance encompass both qualitative and quantitative aspects.

of an individual’s exceptional contribution towards Islamic finance globally.

They include financial innovation and pioneering work, exceptional leadership, adoption and acknowledgement within the industry, and inspiration and influence towards future progress and development of Islamic finance.

The closing date for nomination is Jan 31, 2014, and interested persons and parties can submit their nomination online at or email [email protected]