The Global Banking & Finance Review Awards Program has officially opened nominations for Best New Islamic Development Bank 2026, recognising financial institutions that have demonstrated excellence, innovation, and impact in delivering Shariah-compliant development banking solutions.
The Global Banking & Finance Review Awards Program has officially opened nominations for Best New Islamic Development Bank 2026, recognising financial institutions that have demonstrated excellence, innovation, and impact in delivering Shariah-compliant development banking solutions.
As economies and communities increasingly seek sustainable, ethical, and Shariah-compliant financing, Islamic development banks play a vital role in supporting infrastructure, social projects, small and medium enterprises (SMEs), and long-term economic growth. The Best New Islamic Development Bank 2026 award celebrates institutions that have successfully launched innovative financial products, advisory services, and funding mechanisms that foster development while adhering to Shariah principles.
This award highlights banks that combine deep sector expertise, ethical governance, and tailored financing to provide impactful development banking solutions. Institutions that have demonstrated measurable outcomes, client satisfaction, and operational excellence are encouraged to submit nominations showcasing their achievements. Entries can be submitted via the official awards nomination form , and organisations may contact awards@gbafmag.com for further information or assistance.
Check out the complete awards timetable here .
Recognising Excellence in Islamic Development Banking
Award-winning institutions in this category demonstrate leadership in providing Shariah-compliant development finance solutions that promote economic growth and social progress. Recognised banks typically excel in areas including:
• Offering Shariah-compliant financing for infrastructure, social, and development projects • Supporting SMEs, startups, and community initiatives with ethical and transparent funding • Delivering advisory services to ensure project success and mitigate financial risks • Maintaining strong Shariah governance, transparency, and compliance standards • Leveraging innovative financial instruments to drive sustainable economic development • Demonstrating measurable impact on project outcomes, community growth, and financial inclusion • Promoting financial literacy and capacity-building initiatives in underserved sectors
Banks that showcase innovation, Shariah compliance, and measurable development impact are encouraged to participate.
About the Global Banking & Finance Review Awards
The Global Banking & Finance Review Awards recognise excellence, innovation, and leadership across global banking, finance, and development banking services. The awards programme highlights institutions that set new benchmarks in product innovation, client service, and Shariah-compliant financial solutions.
Each year, financial institutions from Europe, Asia, the Americas, the Middle East, and Africa participate, gaining international recognition for their achievements. Through independent editorial research and structured evaluation criteria, the awards identify banks shaping the future of Islamic development finance.
Benefits of Participating
Participation in the Global Banking & Finance Review Awards provides institutions with:
• International recognition for excellence in Islamic development banking • Editorial coverage on the Global Banking & Finance Review platform • Increased visibility among project sponsors, investors, and community stakeholders • Independent validation of innovative, Shariah-compliant, and socially responsible solutions • Enhanced credibility with clients, partners, and industry peers
Winning this award provides additional strategic advantages. Recognition as the Best New Islamic Development Bank 2026 strengthens brand positioning, highlights innovation and expertise in Shariah-compliant development finance and reinforces the institution’s commitment to fostering sustainable growth. Awarded banks can leverage this accolade across marketing campaigns, corporate communications, and digital channels to increase visibility, attract partnerships, and drive engagement.
Join the 2026 Global Banking & Finance Review Awards
As demand for ethical, Shariah-compliant, and socially impactful development financing grows, institutions delivering innovative solutions are setting new benchmarks. Banks are invited to showcase their achievements and compete for recognition in the Best New Islamic Development Bank 2026 category.
Submit your nomination today and gain international recognition for innovation, impact, and leadership in Islamic development banking.
