Malaysia’s Royal Award Receives Global Nominations
11 July 2012   |   Kuala Lumpur
Malaysia’s Royal Award for Islamic Finance (The Royal Award) received 32 nominations globally. Nominations closed on 1 June 2012.

The list of nominees, comprising influential drivers of the Islamic finance industry with diverse backgrounds, come from various regions around the world namely the Middle East, Europe, Africa, North America and the Asia Pacific region, reflecting the global reach and acceptance of Islamic finance today. The nominations reflect the diversity of stakeholder groups in Islamic finance, including Shariah, academia, market practitioners, financial institutions, research institutions, Government agencies and NGOs.

An independent 7-member international jury, chaired by the former Malaysian Deputy Prime Minister and current Chairman of the World Islamic Economic Forum Foundation, Tun Musa Hitam, will select The Royal Award recipient.

The selection criteria of The Royal Award encompass both qualitative and quantitative aspects to assess the candidates’ exceptional contribution and reach in global Islamic finance. These include financial innovation and pioneering work, exceptional leadership, adoption and acknowledgement of their contributions within the industry, and inspiration and influence towards future progress and development.

His Majesty the Yang di-Pertuan Agong of Malaysia will present the Royal Award to the 2012 recipient at the Royal Gala Dinner and award Presentation which will be held on 19 September in Kuala Lumpur, in conjunction with the third Global Islamic Finance Forum (GIFF), a premier high-level multi-track event which aims to create greater connectivity and cross-border transactions in Islamic finance.

The Royal Award which was inaugurated in 2010 as a biennial award, is spearheaded by Bank Negara Malaysia and Securities Commission Malaysia in support of the Malaysia International Islamic Financial Centre (MIFC) initiative. The Royal Award focuses on an individual’s record of achievement and outstanding contribution to the global development of Islamic finance.

The recipient of the inaugural Royal Award for Islamic Finance in 2010 was Shaikh Saleh Abdullah Kamel of Saudi Arabia whose work over four decades had contributed to the global adoption of Islamic finance and continues to have sustained financial, economic and social impact around the world. The recipient of The Royal Award for Islamic Finance will serve as a role model to inspire others to contribute to the development of the industry. For more information on The Royal Award, please visit


On behalf of the Malaysia International Islamic Financial Centre (MIFC) Initiative

about the SC
The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

General Line: +603-6204 8000
General Email: [email protected]
© Copyright Securities Commission Malaysia.  Contact Us   |    Disclaimer   |   The site is best viewed using Microsoft Edge and Google Chrome with minimum resolution of 1280x1024
Generic Popup