IslamicFinance.de

The Ethical Finance and Innovation Challenge and Awards, sponsored by Abu Dhabi Islamic Bank (ADIB) and Thomson Reuters, have attracted over 100 entries. The awards, which address issues of ethics in finance and innovation in Islamic banking and offer prizes of up to $100,000, drew interest from individuals and institutions in 55 countries, with interest highest in the UAE, Pakistan, Malaysia, the United Kingdom and the United States. Winners will be announced in late November at the Global Islamic Economy Summit in Dubai. The Award rewards ideas or initiatives in financial services that deliver a sustainable positive impact on society or the environment. A Lifetime Achievement Award will be granted to an individual who has made a significant contribution and impact in the ethical practice of financial services.