
IFIS Islamic Finance Awards 2013
The inaugural IFIS Islamic Finance Awards follow a year of intensifying activity in global sukuk and Islamic financing markets. The results put a spotlight on the highest achievers and showcase overall contributions to the growth of the Islamic finance market. The awards winners have been chosen through an exhaustive poll of industry participants. IFIS asked practitioners to pick the most impressive borrowers, banks, funds and service providers in the Islamic capital markets over the past 12 months (September 2012 to August 2013). The results of the poll have favoured innovative deals and businesses at the cutting edge of the Islamic finance market. IFIS awarded winners in the Deals, Borrowers and Arrangers, Islamic Banks and Industry Service sections after tallying respondents’ votes in each category. First place votes scored three points, second scored two points and third place one point. The IFIS League Table awards are based on the market leading IFIS Sukuk Database. IFIS measured the volume of dollar-denominated and global sukuk arranged by investment banks between September 10, 2012 and September 9, 2013.
DEALS
Most innovative sukuk
1 Abu Dhabi Islamic Bank
$1bn 6.375% perpetual non-call
November 2018
2 Emirates Airline
$1bn 3.875% amortising March 2023
3 Saudi Electricity Co
$1bn 5.06% April 2043
Most impressive Islamic financing
1 Albaraka Türk
euro/dollar murabaha
$430m equivalent September 2014,
September 2015
2 Bank Asya
euro/dollar murabaha
$381.8m equivalent February 2014
3 Türkiye Finans
euro/dollar murabaha
$500m equivalent June 2014,
June 2015
Most impressive Islamic debt restructuring
1 Arcapita
$2.55bn liabilities including $1.1bn murabaha facility
2 Aayan Leasing
$744m
3 Global Investment House
$1.7bn
BORROWERS
Most impressive global sukuk borrower
1 Abu Dhabi Islamic Bank
2 Republic of Turkey
3 Saudi Electricity Co
Most impressive sovereign sukuk borrower
1 Republic of Turkey
2 Republic of Indonesia
3 Government of Dubai
Most impressive Asian sukuk borrower
1 Sime Darby
2 Republic of Indonesia
3 Khazanah Nasional
Most impressive Gulf sukuk borrower
1 Abu Dhabi Islamic Bank
2 Saudi Electricity Co
3 Emirates Airline
Arrangers
Most impressive global sukuk arranger
1 Standard Chartered
2 HSBC
3 Deutsche Bank
Most impressive Gulf sukuk arranger
1 National Bank of Abu Dhabi
2 Liquidity House
3 Dubai Islamic Bank
Most impressive Asian sukuk arranger
1 CIMB Islamic
2 AmInvestment Bank
3 Maybank
IFIS league table awards
IFIS global league table sukuk arranger award
1 CIMB Islamic
2 Maybank
3 HSBC
IFIS dollar league table sukuk arranger award
1 HSBC
2 Standard Chartered
3 Deutsche Bank
Islamic banks
Global Islamic bank of the year
1 Dubai Islamic Bank
2 Albaraka
3 Emirates Islamic Bank
Asian Islamic bank of the year
1 CIMB Islamic
2 AmBank
3 Maybank
Gulf Islamic bank of the year
1 Dubai Islamic Bank
2 Emirates Islamic Bank
3 Abu Dhabi Islamic Bank
Non-Muslim jurisdiction Islamic bank of the year
1 Bank of London and Middle East
2 Gatehouse Bank
3 Islamic Bank of Britain
Awards for industry service
Most outstanding contribution to Islamic finance
1 International Islamic Liquidity Management Corp
2 Islamic Development Bank
3 Fajr Capital
Most impressive law firm
1 Clifford Chance
2 Norton Rose
3 Allen & Overy
Most impressive rating agency
1 Moody’s Investors Service
2 RAM Ratings
3 Standard & Poor’s
Most impressive accountancy firm
1 Ernst & Young
2 KPMG
3 Deloitte
Most impressive Islamic finance technology provider
1 Path Solutions
2 Silverlake
3 Temenos
Most impressive research provider
1 KFH Research
2 Ernst & Young
3 Fitch Ratings