Islamic Economy Awards 2016 are open for nominations

The Islamic Economy Award, launched in 2013 under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister 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 now in its fourth 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.

Further, 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. Nominations for the Lifetime Achievement Award are open to any individual who have played a strong role in any of the eight Award categories AND has had a career spanning at least 20 years.

The Award is divided into eight key Islamic economy categories in addition to the prestigious Lifetime Achievement Award:

Money and finance: Islamic banking and finance, takaful, emerging sectors and sukuk

Food and health: agriculture, ingredients and manufacturing, retail, logistics, research and product development and food services, cosmetics, personal care, and pharmaceuticals

Media: Entertainment shows, publications, social media, and mobile apps

Hospitality and tourism: Family friendly travel, meetings, incentives, conferences and exhibitions (MICE), medical tourism, and Hajj/umrah

Waqf and endowments: innovative solutions, government managed and private awqaf/waqf management services, and cross-border waqf

SME development: technology, incubation, training, infrastructure and SME ecosystem development

Islamic economy knowledge infrastructure: research and educational institutions or initiatives, compliance and standardisation, thought leaders and authors

Islamic art: fine arts, visual arts, performing arts and design

An initial shortlist of top three nominees per category will be determined based on the judges’ aggregate scores. The judges will then review these top three nominations per category and vote for the winner in each.

The organising team will then provide the judges with detailed information shortlisted nominees (by soliciting additional details from the nominees) so that the judges may vote on the winner for each category.

Interested?

The integrity and credibility of the Award is managed independently by Thomson Reuters; audited by Deloitte, and adjudicated by a judges’ panel based on formal, established criteria. Nominations for award categories are open to organisations and institutions (not individuals) active in any of the eight categories. Self-nominations are accepted for all eight categories and organisations and institutions are welcome to nominate their own members for the Lifetime Achievement Award. Make a submission

View the 2015 winners

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