Islamic Economy Award 2018 open for applications

Source: Islamic Economy Award. The 2017 winner for the
waqf and endowments category was the Ihsan Trust of
Pakistan.

The Islamic Economy Award, launched in 2013 under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, VP and PM of the UAE and Ruler of Dubai, and directed by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, is opening submissions for the 2018 cycle.

Now in its sixth year, the annual award recognises innovative world-class business initiatives and ideas that have contributed to the social and economic welfare of the Muslim population. These initiatives and ideas must prove to enhance bilateral trade and investment relations between Islamic nations and forge closer economic ties with the rest of the world towards fostering prosperity, harmony and well-being for all. In addition, a Lifetime Achievement Award recognises an outstanding and influential business leader who demonstrates inspired leadership and who has made a significant impact on the Islamic economy.

The integrity and credibility of the award is managed independently by Thomson Reuters, and is adjudicated by an esteemed judges’ panel based on formal, established criteria.

There are eight Islamic economy award categories in addition to the Lifetime Achievement Award: money and finance, media, food and health, waqf and endowments, SME development, Islamic economy knowledge infrastructure, Islamic arts, as well as hospitality and tourism.

Submissions are judged on innovation, social impact, economic impact, geographical scope of impact, and inspirational quality.

2017 winners included fintech company Yielders, OnePath Network, an Islamic original content video production studio and media outlet in Australia, and the Emirates International Accreditation Center.

Details:

Read about the methodology

Applications close on July 25, 2018. The award ceremony is on 30 October, at Madinat Jumeirah in Dubai, UAE.