17/10/2017 09:28 AST

Maybank Islamic Bhd has emerged as the Best Global Islamic Financial Institution, its first ever, at the Global Finance Awards 2017.

It was also recognised as the Best Global Sukuk Bank and Best Global Provider of Shariah-Compliant Short-Term Investments – the bank’s second consecutive wins in both categories.

The largest Islamic bank in terms of total assets in Asean was also named the Best Islamic Financial Institution in Asia Pacific, and it also clinched the country awards for Malaysia and Singapore.

Maybank group head, Islamic Banking and Maybank Islamic chief executive officer Datuk Mohamed Rafique Merican the awards are recognitions of the commitment and capability demonstrated by the Maybank Group and Maybank Islamic in pursuing its Global Islamic banking leadership aspirations.

He attributed the Group’s adoption of Islamic First strategy has led to Maybank Islamic being recognised globally as one of the leading financial institutions in the industry.

It is the sixth consecutive year Maybank Islamic has won the Best Islamic Financial Institution Award in Malaysia since 2012, and also the fourth time it has been named best in Singapore from Global Finance, the official media partner of the IMF/World Bank 2017 annual meetings.

Global Finance publisher and editorial director Joseph Giarraputo said the winners of this year’s awards are those firms that contributed to the growth of Islamic finance and successfully met their customers’ needs for Shariah-compliant products and services.

All selections were made by the editorial team of Global Finance after extensive consultations with bankers, corporate finance executives and analysts throughout the world.

New Straits Times

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