CIMB Islamic Bank Berhad and CIMB Investment Bank Berhad (collectively “CIMB”) have been recognised with three major awards at the 13th Annual Alpha Southeast Asia Best Islamic Finance Awards 2021 for Best Islamic Finance Bank, Best Global Islamic Finance Sukuk House and Best Islamic Finance Sukuk House in Malaysia.
This is the third consecutive year CIMB has been designated as Best Islamic Finance Sukuk House in Malaysia. Recently, CIMB was also named as Global Finance’s Best Sukuk Bank globally at the World’s Best Islamic Financial Institutions 2021 awards.
Ahmad Shahriman Mohd Shariff, Chief Executive Officer, CIMB Islamic said, “These awards are a tribute to the support of CIMB’s customers, without whom we would not be the established Islamic banking franchise we are today. Aligned with the principles of value-based intermediation, we continue to support the progress of individuals, businesses and society at large in a responsible and sustainable manner. Notably we have strived to assist the development of the B40 and micro entrepreneur communities, and continue to leverage innovation in the digital space.”
Jefferi Hashim, Chief Executive Officer, CIMB Investment Bank said, “Our relationships and commitment to serve CIMB’s clients with the best targeted solutions remain our top priority and we would like to thank them as our partners in these awards. These accolades recognise CIMB’s continued market leadership and excellence in the sukuk markets both nationally and globally. The awards are testament to the continued trust and confidence in our fundraising and Islamic finance capabilities across a wide spectrum of customers, industry sectors and geographies.”
CIMB Islamic has continued to bring operational enhancements and innovation across its range of products and services including consumer banking, commercial banking, transaction banking, Islamic treasury and Islamic capital markets. Through our aim of pursuing improved customer journeys and enhanced customer experience, customers stand to benefit from reduction in turnaround time, reduced documentation complexity, improved product features and reduced financial risk.
Aligning with the social impact aspects of value-based intermediation, CIMB Islamic has been endeavouring to help empower underserved communities and small businesses through micro-entrepreneurship development programmes, as well as providing resources for grooming businesses to become halal-ready and enhancing strategy in their sustainability journey through CIMB HalalBizReady and CIMB GreenBizReady respectively.
CIMB ranked No.1 on Bloomberg’s Malaysian Ringgit Islamic Sukuk and Global Sukuk league tables, by aggregate volume since 2007. To date, CIMB is also the largest sukuk arranger in Malaysia and the largest global sukuk arranger in the world.