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

Ticker Price Volume
QNBK 195.00 241,526
JARIR 154.40 89,382
APPC 53.30 133,976
SAICO 11.92 520,367
SABIC 119.80 1,240,718
ALMARAI 50.90 239,969
CATERING 87.00 41,387
Index Closing Change
NIKKEI 225 21,678.68 177.06 (0.82%)
DAX 10,788.09 -22.89 (-0.21%)
S&P 500 2,633.08 -62.87 (-2.33%)
Japan’s economy shrinks in Q3

11/12/2018

The Japanese economy contracted the most in over four years in the third quarter as companies slashed spending, threatening to chill the investment outlook in 2019 as the export-reliant nation grappl

The Gulf Today

Dow, S&P dogged by growth worries; Nasdaq bounces

11/12/2018

Wall Street dropped on Monday, led by Apple, financials and healthcare stocks, falling further after its biggest slide since March last week on worries over global growth, the China-US trade war and

The Gulf Today

China's factory gate inflation eases

10/12/2018

China's factory inflation slowed in November, a sign demand remains weak amid Beijing's ongoing trade war with the United States, while consumer inflation also flagged, official data showed on Sunday

Times of Oman

Global cement demand to grow 1.5 per cent next year

10/12/2018

Global demand for cement is seen growing by 1.5 per cent next year, the World Cement Association said, as economic risks and trade tensions weigh on the construction industry in many countries. The d

The Gulf Today

China’s trade surplus with US hits $35.6b

09/12/2018

China’s trade surplus with the United States ballooned to a record $35.6 billion in November, official data showed Saturday, as exports across the Pacific remained strong despite a raft of US tariffs

The Gulf Today