Euromoney Awards for Innovation in Islamic Finance 2016
Guidelines for content submissions
Submission deadline Thursday 10th March 2016
All queries and submissions should be sent to:
The Euromoney Islamic Finance Awards continue to set the benchmark of achievement in the global Islamic finance sector. Euromoney will continue to combine qualitative data with informative and important subjective judgments.
Euromoney’s methodology for honouring institutions is intended to give our readers a combination of specific data and unique insight into the direction of growth and development in the global Islamic finance industry.
This year Euromoney will again recognize the deals and initiatives, and the people, that have demonstrated real innovation in the development of Islamic finance as an asset class.
Rather than invite submissions for a range of country-specific categories, Euromoney encourages respondents to tell us about deals that have moved the industry forward. This might be through scale, pricing or depth of investor participation, but in particular we are seeking to reward innovation, whether of structure, asset class, geography or distribution.
Pitches should include detail about individual transactions clearly stating what made them different, successful and influential.
How the awards are judged
The Euromoney Islamic finance awards are judged by a panel made up of Euromoney’s Editor, our journalists covering the region and the head of our awards research department.
We aim to make the process as transparent as possible, with the key criteria outlined below. In addition to the submissions received, we undertake our own research, market commentary and sound out market participants. For quantitative data and league tables in relevant categories, Euromoney will utilise data compiled by the Islamic Finance Information Service (IFIS).
Please submit a 2-page summary, with supporting documentation appended.
A good deal submission will include a summary of the transaction’s details, such as date, pricing, size and location; then an explanation of what was innovative about it. Consideration will be given to structural innovation, a new approach, new geographical markets or asset classes, and being first to negotiate a new regulatory environment (such as bank capital issues under Basel 3). Where relevant, please include details about marketing and investor distribution. A deal is particularly likely to be rewarded if it can be demonstrated that it will pave the way for other similar issues.
Submissions should include information from the 12 months 1st February 2015 to 1st February 2016. Please emphasise how your institutions and transactions have demonstrated the following four qualities as well as any quantitative data that you believe will help your case:
Products and service offerings that have contributed to growth of Islamic finance through innovative application of Shariah principles that satisfy specific client needs.
• Execution and performance
Data on the preparation and execution of the deal, including, where applicable, performance data
• Cross Border
Encouraging the provision of products/services that take on an international dimension outside of established home market.
• Promoting the growth of the Industry
Products/services that have established standards of best practice that have further enhanced the reputation and penetration of Islamic finance into conventional or less developed financial markets.
The Euromoney Islamic Finance Awards 2016 will be published with full citations in the May 2016 issue of Euromoney Magazine.
Please be aware that Euromoney deems anything contained in a submission as information that submitting institutions are comfortable with Euromoney publishing.
Please do not incorporate any information in your submission you do not wish Euromoney to publish.