Maybank Islamic won the top awards at The Asset Triple A Islamic Finance Awards 2022, retaining its position as Islamic Bank of the Year in Asia Pacific and Malaysia respectively for the ninth consecutive year. It also won the Best Islamic Retail Bank in Malaysia award, a title it has held since 2010. In addition, Maybank Islamic gold account (MIGA-i) was named Best Investment Product.
These were among the 22 awards won collectively by Maybank’s Islamic, Investment Banking and Singapore operations at the award ceremony held on October 27. Maybank Investment Bank clinched its fourth consecutive wins for Best Islamic Investment Bank in Asia Pacific and Malaysia and Sukuk Adviser of the Year, Asia Pacific, and sixth consecutive win for Sukuk Adviser of the Year, Malaysia. The investment bank also collected 11 awards in the Best Deals by Country category.
Meanwhile, Maybank’s commitment to mobilising sustainable finance was recognised with awards for Best Sustainability SRI Sukuk, Best Sustainability-linked Term Financing, Best ASEAN Sustainability Sukuk and Best Green Loan.
For the Best Sustainability SRI Sukuk award, Maybank Investment Bank was principal adviser, lead arranger and lead manager while Maybank Islamic was Shariah adviser for Bank Pembangunan Malaysia’s inaugural RM450mil sustainability SRI Islamic medium term notes. The issuance was upsized from its initial target of RM300mil due to strong demand and complements Bank Pembangunan’s impact assessment framework which is anchored on the UN Sustainable Development Goals.
Maybank Singapore also bagged two Best Green Loan awards for its role as arranger of Royal Group of Companies’ SGD250mil Islamic green financing, a world-first in the hospitality sector. Royal Group will embed Shariah-compliant and sustainability concepts in building design and operations.
The Asset Triple A Islamic Finance Awards recognises the best Islamic banks and houses as well as the deals that define the industry during the review period. The Asset adopts a rigorous approach combining both quantitative and qualitative factors to determine the winners.
List of awards won by Maybank at The Asset Triple A Islamic Finance Awards 2022
Best Issuers/Advisers
No. Name of Award Country Name of Awardee 1. Islamic Bank of the Year Asia-Pacific Maybank Islamic 2. Islamic Bank of the Year Malaysia Maybank Islamic 3. Best Islamic Retail Bank Malaysia Maybank Islamic 4. Best Islamic Investment Bank Asia-Pacific Maybank Investment Bank 5. Best Islamic Investment Bank Malaysia Maybank Investment Bank 6. Sukuk Adviser of the Year Asia-Pacific Maybank Investment Bank 7. Sukuk Adviser of the Year Malaysia Maybank Investment Bank
Best Deals by Country
No. Name of Award Country Name of Awardee Deal Name Role 1. Best Sustainability SRI Sukuk Malaysia Maybank Investment Bank; Maybank Islamic Bank Pembangunan Malaysia’s RM450mil sustainability SRI medium term wakala bi al-istithmar notes Principal adviser, lead arranger and lead manager; Shariah Adviser 2. Best Sustainability-linked Term Financing Malaysia Maybank Islamic Central Medicare’s RM282.6mil syndicated sustainability-linked commodity murabaha term financing Mandated lead arranger and original financier 3. Best ASEAN Sustainability Sukuk Malaysia Maybank Investment Bank SME Bank’s RM500mil Asean sustainability wakala bi al-istithmar sukuk Lead manager 4. Best Quasi-Sovereign Sukuk Malaysia Maybank Investment Bank; Maybank Islamic Cagamas’ RM1.5bil triple-tranche commodity murabaha sukuk Lead manager; Shariah Adviser 5. Best Bank Sukuk Malaysia Maybank Investment Bank; Maybank Islamic Bank Pertanian Malaysia (Agrobank)’s RM500mil dual-tranche wakala bi al-istithmar sukuk Principal adviser, lead arranger and lead manager; Shariah Adviser 6. Best New Sukuk Malaysia Maybank Investment Bank; Maybank Islamic Bank Simpanan Nasional’s RM750mil triple-tranche wakala sukuk Principal adviser, lead arranger and lead manager; Shariah Adviser 7. Best Corporate Sukuk – Real Estate Malaysia Maybank Investment Bank S P Setia’s RM800mil dual-tranche wakala bi al-istithmar and murabaha sukuk Lead arranger and lead manager 8. Best Corporate Sukuk – Airport Malaysia Maybank Investment Bank; Maybank Islamic Malaysia Airports Holdings’ RM800mil triple-tranche wakala sukuk Principal adviser, lead arranger and lead manager; Shariah Adviser 9. Best Securitisation Sukuk Malaysia Maybank Investment Bank AC First Genesis’ RM785mil ijara sukuk Lead manager 10. Best Primary Placement Malaysia Maybank Investment Bank BIMB Holdings’ RM795.6mil primary placement Principal adviser and placement agent 11. Best Secondary Placement Malaysia Maybank Investment Bank Hyptis’ RM846.6mil secondary placement in MR DIY Group Placement agent and bookrunner 12. Best Sukuk United Kingdom Maybank Investment Bank HM Treasury UK’s Sovereign Sukuk PLC GBP500mil certificates Co-lead manager 13. Best Green Loan Singapore Maybank Singapore Royal Group of Companies’ SGD250mil Islamic green financing Arranger
Best in Sustainable Finance
No. Name of Award Name of Awardee Deal Name Role 1. Best Green Loan Maybank Singapore Royal Group of Companies’ SGD250mil Islamic green financing Arranger
Best Banking Product and Solution/Best Treasury and Trade
No. Name of Award Country Name of Awardee Product Name 1. Best Investment Product Malaysia Maybank Islamic Maybank Islamic gold account (MIGA-i)
