Global Finance has announced its eighteenth annual awards for the World’s Best Islamic Financial Institutions. A full report on the selections will appear in Global Finance’s World’s Best Banks special issue in May, as well as online at GFMag.com.
“Islamic finance continues to maintain robust growth, with assets surpassing $2 trillion worldwide and projections indicating a rise to $3 trillion in the next decade,” said Joseph D. Giarraputo, founder and editorial director of Global Finance. “Global Finance’s annual World’s Best Islamic Financial Institutions awards honor firms that drive the sector’ expansion by offering innovative, Shariah-compliant financial solutions.”
All selections were made by the Global Finance editorial team after extensive consultations with bankers, corporate finance executives and analysts worldwide. Entry submissions from Islamic Financial Institutions were also considered. In selecting these top firms, factors that ranged from the quantitative objective to the informed subjective were considered.
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 best—the firms with which customers around the world would most likely want to do business.
Winners will be honored at an Awards Ceremony held during the IMF/World Bank Annual Meetings Washington, DC at the National Press Club on the morning of October 18, 2025. For more information on the event, please contact Anastasiia Petrukhina at anastasiia@gfmag.com.
The complete list of Global Finance’s World’s Best Islamic Financial Institutions 2025 follows.
| Best Islamic Financial Institution | Kuwait Finance House |
| Best Islamic International Bank – New For 2025 | Standard Chartered Saadiq |
| Best Islamic Private Bank | Dukhan Bank |
| Best Islamic Bank for CSR | Boubyan Bank |
| Best Islamic Bank for ESG | Abu Dhabi Islamic Bank |
| Best Islamic Retail Bank | Kuwait Finance House |
| Best Islamic Corporate Bank | Emirates Islamic Bank |
| Best Islamic Investment Bank | GFH Financial Group |
| Best Sukuk Bank | Standard Chartered Saadiq |
| Best Islamic Fund Manager | Sidra Capital |
| Best Islamic SME Bank | Kuwait Finance House |
| Best Islamic Trade Finance Provider | Standard Chartered Saadiq |
| Best Islamic Takaful | Kuwait Finance House |
| Best Islamic Project Finance Provider | Kuwait Finance House |
| Best Islamic Asset Manager | Maybank Islamic |
World’s Best Islamic Financial Institutions 2025 – Regional Winners
| Asia | Maybank Islamic |
| Middle East | Kuwait Finance House |
World’s Best Islamic Financial Institutions 2025 – Country, Territory and District Winners
| Bahrain | Ahli United Bank Bahrain |
| Brunei Darussalam | Bank Islam Brunei Darussalam Berhad |
| Egypt | ADIB Egypt |
| Indonesia | Bank Syriah Indonesia |
| Jordan | Jordan Islamic Bank |
| Kuwait | Boubyan Bank |
| Malaysia | Maybank Islamic |
| Morocco | Bank Assafa |
| Oman | Ahli Islamic Oman |
| Pakistan | Faysal Bank Pakistan |
| Qatar | Qatar Islamic Bank |
| Saudi Arabia | Alinma Bank |
| Sri Lanka | Amana Bank |
| Tunisia | Al Baraka Bank Tunisia |
| Turkey | Kuveyt Türk Katilim Bankasi |
| UAE | Emirates Islamic Bank |
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For editorial information, please contact Andrea Fiano, editor, afiano@gfmag.com
About Global Finance
Global Finance, founded in 1987, has a circulation of 50,000 and readers in 188 countries, territories and districts. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 38 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
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