Sweeps a total of 22 awards including Best Islamic Retail Bank in Malaysia, Best Islamic Investment Bank in Asia Pacific and Malaysia and Sukuk Adviser of the Year for Asia Pacific and Malaysia

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 27 October 2022. 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.

Group President & CEO of Maybank, Dato’ Khairussaleh Ramli said “These wins are indeed a recognition of the commitment and capability demonstrated by Maybank in our pursuit of becoming the global leader in Islamic finance. Our aspiration goes beyond growing our assets — we also aim to be a leader in providing world-class Shariah-compliant products and solutions.”

“Receiving these awards motivates us further to provide the best service delivery to our customers and to continue offering sustainable financial solutions to the community. As Malaysia’s largest banking group and with our regional footprint, we are well positioned to continue championing the commonality between Islamic finance and sustainability practices.” 

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

Best Deals by Country

Best in Sustainable Finance

Best Banking Product and Solution/Best Treasury and Trade