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Organizer The Asset
Region APAC
Details

The Asset magazine is now seeking submissions for The Asset Triple A Islamic Finance Awards 2020. The coverage period is calendar year 2019 (January 1 - December 31 2019).

The Asset Triple A Islamic Finance Awards are the industrys most prestigious awards in what has become one of the fastest growing and most promising niches of global finance. We will pick the best Islamic banks and houses, as well as the deals that best defined the industry during 2019.

The Asset adopts a rigorous approach in selecting the best Islamic institutions and transactions in the various countries. Point scores for both quantitative and qualitative factors are combined to determine the winners.

We welcome nominations in the Industry Leadership Award, in which you can nominate an individual or an organization that has made significant contribution to the further development of the Islamic banking/finance industry. In making the submission, provide us with the background about your nominee, citing their accomplishments and their impact to the industry.

The results will be published in an issue of The Asset and in TheAsset.com.

inkedIn

Past winners

Awards Results 2019

Issuer / Adviser Awards

ISSUERS OF THE YEAR
Sovereign
• Republic of Indonesia

Quasi-Sovereign
• Cagamas - National Mortgage Corporation of Malaysia

Corporate
• Tenaga Nasional

Financial Institution
• AFFINISLAMIC

ISLAMIC INSTITUTION OF THE YEAR
• Islamic Financial Services Board

ASSET MANAGER OF THE YEAR
• Asia Pacific : Principal in alliance with CIMB
• Indonesia: BNP Paribas
• Malaysia: Aiiman
• Malaysia (Institutional): Franklin Templeton
• Malaysia (Retail): Public Mutual - Wholly owned subsidiary of Public Bank
• Pakistan: Almeezan Investments
• Qatar: QINVEST
• Saudi Arabia: Sidra Capital

ESG ASSET MANAGER OF THE YEAR
• BIMB Investment

BEST TAKAFUL INSTITUTION
• General: eTiQa - Takaful
• Family: Prudential BSN - Takaful

ISLAMIC BANKER OF THE YEAR, INDONESIA
• Toni EB Subari
President-Director, Bank Syariah Mandiri\

BANK OF THE YEAR (BY REGION/COUNTRY)
• Asia Pacific: Maybank Islamic
• Australia: NAB- more than money
• Bangladesh: Standard Chartered
• Indonesia: Mandiri Syariah
• Malaysia: Maybank Islamic
• Qatar: QIB
• Singapore: Maybank Islamic

BEST RETAIL BANK (BY COUNTRY)
• Bangladesh: Standard Chartered
• Indonesia: Mandiri Syariah
• Malaysia: Maybank Islamic
• Qatar: QIB
• Singapore: Maybank Islamic

BEST TRADE FINANCE BANK (BY COUNTRY)
• Indonesia: Mandiri Syariah
• Malaysia: HSBC-Amanah

BEST INVESTMENT BANK (BY REGION/COUNTRY)
• Asia Pacific: Maybank Investment Bank
• Middle East: Standard Chartered
• Indonesia: IndoPremier
• Malaysia: Maybank Investment Bank
• Pakistan: Standard Chartered
• Qatar: QInvest
• Saudi Arabia: HSBC
• United Arab Emirates: Standard Chartered

SUKUK ADVISER OF THE YEAR
• Global: Standard Chartered
• Asia Pacific: Maybank Investment Bank
• Middle East: HSBC
• Indonesia: IndoPremier
• Malaysia: Maybank Investment Bank
• Saudi Arabia: HSBC
• United Arab Emirates: Standard Chartered

BEST GREEN STRUCTURING ADVISER
• HSBC

BEST LOAN ADVISER
• Malaysia: AmInvestment Bank
• Pakistan: Standard Chartered
• Saudi Arabia: HSBC

BEST PROJECT FINANCE ADVISER
• HSBC

BEST CUSTODIAN
• Indonesia: Citi
• Malaysia: Deutsche Bank

BEST RATING AGENCY
• Fitch Ratings

BEST RESEARCH HOUSE
• ISRA

BEST CONSULTING SERVICE
• ISRA Consultancy

BEST LAW FIRM
• Allen & Overy

BEST INDEX PROVIDER
• S&P Dow Jones Indices

BEST BANK FOR DIGITAL INNOVATION
• Standard Chartered

BEST TECHNOLOGY PROVIDER
• Path Solutions

Best Deals
• ISLAMIC DEAL OF THE YEAR / BEST SUKUK / MOST INNOVATIVE DEAL
HSBC Amanah 500 million ringgit United Nations sustainable development goals sukuk
Sole SDG structuring adviser and lead arranger: HSBC Amanah
Lead managers: HSBC Amanah, Maybank Investment Bank, RHB Islamic Bank

• BEST EQUITY DEAL
Bank BRIsyariah 1.338 trillion rupiah IPO
Lead underwriters: Bahana Sekuritas, CLSA Sekuritas Indonesia, Danareksa Sekuritas, Indo Premier Sekuritas
Deal represented the largest Islamic bank IPO in Indonesia that saw significant participation from pension funds and foreign institutional investors.

• BEST EXCHANGEABLE SUKUK
Khazanah Nasional US$320.8 million cash-settled exchangeable sukuk issuance
Bookrunners and lead managers: CIMB, J.P. Morgan
The sukuk is exchangeable into H-shares of CITIC Securities and was fully covered shortly after launch with a final demand of 5.5 times book size.

• BEST SOVEREIGN SUKUK / BEST GREEN SUKUK
Republic of Indonesia US$1.25 billion green sukuk
Green structuring adviser: HSBC
Bookrunners: Abu Dhabi Islamic Bank, CIMB, Citi, Dubai Islamic Bank, HSBC
The Republic of Indonesia’s deal represents the first time a sovereign has tapped the green sukuk market that is fully compliant with the International Capital Market Association Green Bond Principles and aligned with the Asean Green Bond Standards.

• BEST QUASI-SOVEREIGN SUKUK
DP World US$3.3 billion multi-tranche, multi-currency new issue and tender offer
Bookrunners: Barclays, Citi, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, J.P. Morgan, Société Générale, Standard Chartered
One of the largest corporate deals from the Middle East and was DP World’s debut sterling and euro issuances.

• BEST SRI SUKUK
UiTM Solar Power 222.3 million ringgit ASEAN green SRI sukuk
Lead manager: Affin Hwang Investment Bank
First green financing undertaken by a public institute of higher education in Malaysia setting a benchmark for universities in the country.

• BEST GOVERNMENT-GUARANTEED SUKUK
Pengurusan Air 2.1 billion ringgit government guaranteed IMTN issuance
Lead managers: AmInvestment Bank, Maybank Investment Bank
Inaugural government-guaranteed issuance post-general election 2018 in Malaysia. \

• BEST SUPRANATIONAL SUKUK
Islamic Development Bank €650 million sukuk
Lead managers: Crédit Agricole CIB, Natixis, Landesbank Baden-Württemberg, Standard Chartered
First ever euro denominated sukuk offering from the Islamic Development Bank.

• BEST CORPORATE SUKUK
Tenaga Nasional US$750 million sukuk wakala
Lead managers and bookrunners: BNP Paribas, CIMB, Citi, HSBC Amanah
Was able to raise long-term funds despite the volatile market backdrop at the time.

• BEST NEW SUKUK
Serba Dinamik Holdings 800 million ringgit dual tranche sukuk
Shariah adviser: RHB Islamic Bank
Sole principal adviser and lead arranger: RHB Investment Bank
Lead managers: Affin Hwang Investment Bank, RHB Investment Bank, Standard Chartered
Issuance received significant demand allowing pricing to be tightened to the lowest end of the indicative price guidance and an upsize from 300 million ringgit to 800 million ringgit.

• BEST CORPORATE HYBRID SUKUK
Yinson TMC 950 million ringgit perpetual sukuk
Principal advisers, lead arrangers and lead managers: AmInvestment Bank, Maybank Investment Bank
Malaysia’s first perpetual sukuk based on the Shariah principle of mudharaba.

• BEST UNRATED SUKUK
Eco World International 180 million ringgit unrated sukuk murabaha
Principal advisers, lead arrangers and lead managers: CIMB, Maybank Investment Bank
First unrated ringgit sukuk to be issued via a bookbuilding exercise.

• BEST BANK CAPITAL SUKUK (ASIA PACIFIC)
Affin Islamic Bank 1.1 billion ringgit AT1 sukuk wakala and T2 sukuk murabaha
Principal adviser, lead arranger and lead manager: Affin Hwang Investment Bank
Affin Islamic Bank’s inaugural offering in Islamic capital markets which qualifies as additional tier 1 or tier 2 regulatory capital.

• BEST BANK CAPITAL SUKUK (EMEA)
Abu Dhabi Islamic Bank US$750 million perpetual non-call 5-year additional tier 1 sukuk
Lead managers and bookrunners: ADIB Capital, Citi, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, J.P. Morgan, Sharjah Islamic Bank, Standard Chartered
First fully Basel III compliant AT1 issue from the UAE after new rules were published in early 2018.

• BEST LOCAL CURRENCY SUKUK
Cagamas 1.5 billion ringgit commodity murabaha
Lead managers: AmInvestment Bank, CIMB
First triple A issuer to issue a sukuk after Malaysia’s general election in 2018 resulting in strong demand from investors leading to a issuance upsize of 500 million ringgit.

• BEST STRUCTURED FINANCE SUKUK (ASIA PACIFIC)
MBSB Bank 2.295 billion ringgit structured covered sukuk facility
Principal advisers, lead arrangers and lead managers: AmInvestment Bank, RHB Investment Bank
First structured covered sukuk issued in Malaysia under the Shariah principle of hiwalah

• BEST STRUCTURED FINANCE SUKUK (EMEA)
Al Rayan Bank £250 million residential mortgage-backed securities sukuk
Lead managers: Al Rayan Bank, Standard Chartered
Opens up a new funding avenue for Islamic banks using UK Islamic residential mortgage-backed securities.

Project Finance

• BEST PROJECT FINANCE DEAL
DanaInfra Nasional 2.5 billion ringgit sukuk
Lead arrangers: AmInvestment Bank, CIMB, Maybank Investment Bank, RHB Investment Bank
Lead managers and bookrunners: AmInvestment Bank, Bank Islam Malaysia, CIMB, Kenanga Investment Bank, Maybank Investment Bank, RHB Investment Bank
Inaugural public funding for the Pan Borneo Highway.

• BEST SYNDICATED LOAN
Kingdom of Saudi Arabia US$16 billion dual-tranche syndicated facility
Coordinators, mandated lead arrangers and bookrunners: HSBC, J.P. Morgan, MUFG
Mandated lead arrangers and bookrunners: Bank of China, Citibank, Credit Agricole, ICBC, Mizuho Bank, Standard Chartered, Sumitomo Mitsui Banking Corporation
Mandated lead arrangers: BNP Paribas, Goldman Sachs, Societe Generale
Lead arrangers: Bank of America Merrill Lynch, Deutsche Bank, Morgan Stanley

Treasury and Trade/Digital Finance

• BEST TRADE FINANCE SOLUTION
BGMC 95 million ringgit Islamic trade finance facility and revolving contract financing
Service provider: OCBC Malaysia
Facility provides assurance that company will have access to financing when they secure bigger contracts.

• BEST DIGITAL BANKING PRODUCT
Product: HouzKEY
Service provider: Maybank Islamic Bank
Malaysia’s first rent-to-own home ownership plan in the country on a digital platform where the application and submission of supporting documents in relation to this scheme are required to be made online.

Best Deals by Country
INDONESIA
• Sarana Multi Infrastruktur 1.5 trillion rupiah sukuk and green bond
Lead underwriters: CGS-CIMB Sekuritas Indonesia, Danareksa Sekuritas, Indo Premier Sekuritas, Maybank Kim Eng

MALAYSIA
• HSBC Amanah 500 million ringgit United Nations sustainable development goals sukuk
Sole SDG structuring adviser and lead arranger: HSBC Amanah
Lead managers: HSBC Amanah, Maybank Investment Bank, RHB Islamic Bank
World’s first sustainable development goals (SDG) sukuk with proceeds of this to be utilized to finance eligible businesses and projects in accordance with HSBC’s SDG Bond Framework.

• Government of Pakistan US$700 million Islamic syndicated facility
Sole bookrunner, underwriter and mandated lead arranger: Standard Chartered
Largest syndicated foreign currency term finance facility raised for the Government of Pakistan and saw the first time there has been a World Bank guarantee for an Islamic facility.

• Royal Group Singapore SGD300 million Islamic bilateral financing
Mandated lead arranger: RHB Bank Singapore
Royal Group’s first Islamic finance deal representing the largest Islamic bilateral hotel financing deal.