February 2007

Islamic finance awards 2007: Pushing beyond the boundaries

by Chloe Hayward, Sudip Roy, Guy Norton

Demand for Islamic finance products is high. At last supply is starting to meet investors’ needs. The challenge for the industry is to ensure that the market’s infrastructure develops sufficiently quickly so that more companies and entities continue to embrace Shariah-compliant techniques. And on the following pages Euromoney profiles the winners of the latest ­Islamic finance awards.


Award Winners
Best international Islamic bank Best Islamic bank in the Middle East Best Islamic bank in Asia
Best Islamic finance deal Best sukuk deal Best murabaha deal
Best project finance deal Most innovative deal
Most improved Islamic bank in Asia Most improved international Islamic bank Most improved Islamic bank in the Middle East
 Best commodities house Best sukuk house Best private equity house
Best structured product house Best project finance house Best takaful house (life and general)
Best assurance and advisory house Best liquidity manager Best legal adviser
Best new product Outstanding contribution to Islamic finance List of Islamic finance award winners

2007 Islamic finance awards photos

TWO YEARS AGO an imbalance existed in the Islamic finance market. Although demand for Shariah-compliant products was high there was a significant deficiency of supply. Today that imbalance is starting to be redressed. Over the past 12 months all areas of Islamic finance – at retail and corporate banking levels, in project finance and real estate, in capital markets and private equity – have seen greater supply and product innovation.

More information on islamic finance awards


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