Islamic finance awards 2009: Islamic finance faces crunch test

Old-style capitalism is in disrepute. Fans of Islamic finance say it is a model whose ethics give it more sustainability. But optimists will be disappointed to see how far it is part of the global bust. Dominic O’Neill reports.

Institutional awards
Best international Islamic bank Best Islamic bank in the Middle East
Best Islamic bank in Asia Best sukuk house
Best takaful provider Best project finance house
Best leasing house Best real estate house
Best assurance and advisory firm Best legal advisory firm
Best fund manager Most improved Islamic finance house
Best structured products house
Deals of the Year
Deal of the year Best sukuk deal
Most innovative deal Best project finance deal
Outstanding contribution
Zeti Akhtar Aziz

THE HEADLINE OF an article on Islamic banking in the Washington Post late in October was sanguine.

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