“It is truly a great honour for me to receive this prestigious award. It is also a strong recognition of the leading role played by the SC in advancing the development of the Islamic capital markets internationally through its extensive initiatives undertaken over the years, particularly in creating robust and facilitative regulatory and Shariah frameworks which have also contributed to the vibrancy of the Malaysian Islamic capital market,” said Dato’ Seri Ranjit Ajit Singh upon receiving the award.

Among the notable efforts made were the role to develop Islamic capital market standards with global standard setters, establishment of the world’s first Islamic fund management framework as well as the world’s first Sustainable and Responsible Investment sukuk framework.

Dato’ Seri Ranjit also delivered the Keynote Address at the 2016 London Sukuk Summit. Since its inception in 2007, this annual event has been held for 10 consecutive years, alongside the Sukuk Summit Awards of Excellence which recognises outstanding contribution and achievements of individuals, institutions, supranational and financial centres serving the global Islamic financial services industry.