World’s Best Islamic Financial Institutions 2013

Global Finance

Names the World’s Best Islamic Financial Institutions 2013

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NEW YORK, April 19, 2013

Global Finance

magazine has announced its sixth annual awards for the World’s Best Islamic Financial Institutions. A full report on the selections will appear in the June issue of

Global Finance

. The winners of this years awards are those banks that contributed to the growth of Islamic financing and successfully met their customers needs for Shariah-compliant products, while creating the foundation for continued growth and safety in the future, with modern and efficient delivery channels.

All selections were made by the editorial team of

Global Finance

, after extensiveconsultations with bankers, corporate finance executives and analysts throughout the world. In selecting these top banks, we considered factors that range from the quantitative objective to the informed subjective. Quantitative criteria included growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Among the subjective criteria considered were reputation, customer satisfaction, and the opinions of analysts and others involved in the industry. The mix of these factors yields leading banks that may not be the largest, oldest or the most diversified in a given country, region or product, but rather the bestthe banks with which customers around the world would most likely want to do business.

Shariah-compliant finance remains the fastest-growing area of finance worldwide, with more than 500 financial institutions that are either fully Islamic or provide Islamic financial products to their customers, in addition to several hundred more Islamic investment banks and insurance companies, or takaful, says

Global Finances

publisher Joseph D. Giarraputo. The winning banks were all noteworthy in their dedication to satisfying their customers increasingly sophisticated needs in accordance with the rules of Islamic finance.

An Awards Ceremony for all winners will be conducted the morning of Saturday,October 12, 2013 at The National Press Club in Washington DC.

For more information on the awards and/or ceremony please contact: Katharine Frey, email:

To obtain the Best Islamic Financial Institution Award logo, please contact Chris Giarraputo:

The unauthorized use of the Best Islamic Financial Institution Award logo is strictly prohibited.

Best Sukuk Bank

Best Islamic Retail Bank
Abu Dhabi Islamic Bank

Best Islamic Investment Bank

Best Takaful (Insurance)Provider
Etiqa Takaful Berhad

Best Asset Management Company
CIMB Principal Islamic Asset Management

Best Shariah-Compliant Index Provider
Dow Jones Islamic Market Indexes

Best Islamic Project Finance Provider

Best Islamic Commodities Provider
International Islamic Trade Finance Corporation

Best Islamic Real Estate Finance Provider
Qatar Islamic Bank

Best Islamic Fund Manager

Best Up-and-Comer
Boubyan Bank

Islamic Finance Deal of the Year

Jebel Ali Free Zone Islamic financing facility and sukuk

Islamic Financing Facility

Mandated lead arrangers and joint bookrunners:

Abu Dhabi Islamic Bank, Citi, Dubai Islamic Bank, Emirates NBD, National Bank of Abu Dhabi, Samba Financial Group and Standard Chartered

Mandated lead arranger: Mashreqbank


Joint lead managers and bookrunners:

Abu Dhabi Islamic Bank, Citi, Standard Chartered, Dubai Islamic Bank, Emirates NBD, National Bank of Abu Dhabi

Joint lead manager: Samba Financial Group

Gulf Cooperation Council (GCC) Al Rajhi Bank
Non-GCC Middle East/Africa Al Baraka Bank
Asia Maybank Islamic Berhad
Europe Bank of London and the Middle East

Banque Albaraka DAlgrie
BankMuscat Meethaq

Al Baraka Islamic Bank Bahrain
Meezan Bank

Islami Bank Bangladesh
Qatar Islamic Bank

Bank Islam Brunei Darussalam
Saudi Arabia
Al Rajhi Bank

Faisal Islamic Bank of Egypt
Maybank Singapore Islamic Banking

Bank Muamalat Indonesia
South Africa
Al Baraka Islamic Bank

Jordan Islamic Bank
Faisal Islamic Bank of Sudan

Al Hilal Islamic Bank
Kuveyt Trk

Kuwait Finance House
United Arab Emirates
Abu Dhabi Islamic Bank

Al Baraka Bank Lebanon
United Kingdom
Bank of London and the Middle East

Maybank Islamic Berhad
United States
American Finance House Lariba

Jaiz Bank