22nd Annual World Islamic Banking Conference (WIBC) announces finalists for Performance Awards

The Awards recognize top Islamic financial institutions based on performance aggregated from multiple financial performance, financial stabilit and social responsibility.

  
22nd Annual World Islamic Banking Conference (WIBC) announces finalists for Performance Awards
Based on publicly available objective data, 18 WIBC Performance Awards will be granted to the top Islamic financial institutions at the WIBC Gala Dinner on 2nd of December
Manama, Bahrain, 25 November 2015

The World Islamic Banking Conference (WIBC) - the leading compass for the Islamic finance industry - announced today the nominees for the WIBC Performance Awards.

The Awards recognize the top Islamic financial institutions based on their performance aggregated from multiple financial performance, financial stability, governance and social responsibility metrics that make up the WIBC Leaderboard, an innovative performance assessment tool. The data is collated from the ICD Thomson Reuters Islamic Finance Development Indicator and Bankscope. The categories include global, regional and national best performing banks based purely on their performance across the measures.

The WIBC Performance Awards represents WIBC's commitment to an objective and quantitative approach to assessing Islamic banking performance.

The winners of the awards will be announced at a high profile Gala Dinner in the Gulf Hotel in Bahrain on the 2nd of December. Ministers, central bankers, regulators, C-suite bankers & asset managers, policy makers and FinTech entrepreneurswill be in attendance.

The nominees for the 22nd Annual WIBC Performance Awards are:

Best Performing Islamic Bank - Global

·         Alinma Bank - Saudi Arabia

·         Bank AlBilad - Saudi Arabia

·         Masraf Al Rayan - Qatar

·         Qatar First Investment Bank - Qatar

·         Social Islami Bank - Bangladesh

Best Performing Islamic Bank - GCC

·         Alinma Bank - Saudi Arabia

·         Bank AlBilad - Saudi Arabia

·         Bahrain Islamic Bank - Bahrain

·         Masraf Al Rayan - Qatar

·         Qatar First Investment Bank - Qatar

Best Performing Islamic Bank - Levant

·         Abu Dhabi Islamic Bank - Egypt

·         Jordan Dubai Islamic Bank - Jordan

·         Jordan Islamic Bank - Jordan

·         Kuwait Turkish Participation Bank

·         Turkiye Finans Katilim Bankasi A.S.

Best Performing Islamic Bank - Southeast Asia

·         Bank Kerjasama Rakyat Malaysia -Malaysia

·         Bank Muamalat Malaysia -Malaysia

·         Hong Leong Islamic Bank - Malaysia

·         HSBC Amanah Malaysia - Malaysia

·         OCBC Al-Amin Bank Malaysia

Best Performing Islamic Bank - South Asia

·         Al-Arafah Islami Bank Limited - Bangladesh

·         Bank Islami Pakistan Limited - Pakistan

·         Export Import Bank of Bangladesh - Bangladesh

·         Meezan Bank Limited - Pakistan

·         Social Islami Bank - Bangladesh

Best Performing Islamic Bank - Bahrain

·       Al Baraka Bank

·       Al Salam Bank

·       Bahrain Islamic Bank

Best Performing Islamic Bank - Bangladesh

·       Al-Arafah Islami Bank Limited

·       Export Import Bank of Bangladesh

·       Social Islami Bank

Best Performing Islamic Bank - Egypt

·      Al Baraka Bank Egypt

·      Abu Dhabi Islamic Bank - Egypt

·      Faisal Islamic Bank of Egypt

Best Performing Islamic Bank - Indonesia

·      Bank BRI Syariah

·      Bank BNI Syariah

·      Bank Muamalat Indonesia

Best Performing Islamic Bank - Jordan

·      Islamic International Arab Bank

·      Jordan Dubai Islamic Bank

·      Jordan Islamic Bank

Best Performing Islamic Bank - Kuwait

·      Boubyan Bank

·      Kuwait Finance House

·      Warba Bank

Best Performing Islamic Bank - Oman

·         Alizz Islamic Bank

·         Bank Nizwa

Best Performing Islamic Bank - Pakistan

·         BankIslami Pakistan Limited

·         Dubai Islamic Bank Pakistan Limited

·         Meezan Bank Limited

Best Performing Islamic Bank - Qatar

·         Masraf Al Rayan

·         Qatar First Investment Bank

·         Qatar International Islamic Bank

Best Performing Islamic Bank - Saudi Arabia

·         Alinma Bank

·         Al Rajhi Bank

·         Bank AlBilad

Best Performing Islamic Bank - Turkey

·         Bank Asya

·         Kuwait Turkish Participation Bank

·         Turkiye Finans Katilim Bankasi A.S.

Best Performing Islamic Bank - UAE

·         Abu Dhabi Islamic Bank

·         Ajman Bank

·         Noor Bank            

More details about the methodology and selection criteria of the WIBC Performance Awards can be found here: wibc2015.com/leaderboard/#awards.

-Ends-

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ABOUT WIBC
The World Islamic Banking Conference (WIBC) has established its reputation as the world's largest and most influential gathering of international Islamic banking and finance leaders for over two decades. With the strategic support of the Central Bank of Bahrain, the next generation WIBC will focus on transforming Islamic finance into a global proposition by facilitating strategic opportunities, addressing systematic challenges and connecting international market players and institutional investors to the industry's catalysts, thought leaders, partners and institutions.

For over two decades, WIBC has served as a key platform for bankers, institutional investors, asset managers, policymakers, academics and other stakeholders within Islamic finance and banking from key markets such as Luxembourg, the United Kingdom, the Middle East, Sudan, Nigeria, Singapore, Malaysia, Indonesia, and other Asian growth markets. Over the years it hosted globally renowned leaders such as Sir Howard Davies, Former Chairman of the European Central Bank, Professor Robert Kaplan of Harvard Business School, Nicholas Naseem Taleb, the author of "The Black Swan," and Dr. Mark Mobius, Emerging Markets Guru and Executive Chairman of Templeton Emerging Markets. With its strong focus on cutting edge content, WIBC remains the strategic event for staying ahead of the innovation and technology forces that will shape the Islamic financial services industry in the near future.

To find out more, visit www.wibc2015.com.

Join the global conversation on Twitter via @wibc_2015 #wibc2015

Nikita Kandath
Marketing & Media Manager
Middle East Global Advisors
Tel: +971 4 441 4946
Email: nikita@meglobaladvisors.com

© Press Release 2015

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