15 July 2018

Awards include Best Islamic Investment Bank and Sukuk Adviser of the Year for Asia Pacific, and Best Islamic Deal for Indonesia, China, Cambodia and Hong Kong


Kuala Lumpur: CIMB Group (“the Group” or “CIMB”) garnered 12 notable awards at The Asset Triple A Islamic Finance Awards 2018 including Sukuk Adviser of the Year in Asia Pacific for the seventh year in a row and Best Islamic Investment Bank in Asia Pacific for the ninth  time in the last 10 years. The Group also won Best Islamic Deal for Indonesia, China, Cambodia, and Hong Kong. The Asset Triple A Islamic Finance Awards is one of the industry’s most prestigious in the Islamic space, the fastest growing segment in global finance. The awards are conferred by The Asset, a leading financial publishing group in Asia Pacific.


Commenting on the win, Tengku Dato’ Sri Zafrul Aziz, Group Chief Executive, CIMB Group said, “We are honoured to receive these Islamic Finance awards from The Asset Triple A  and we owe this recognition to the unwavering support from our esteemed clients, as well as our staff's consistent effort in making CIMB Group a leading regional universal bank. In particular, winning Best Islamic Deal for China and Hong Kong reflects how CIMB’s deep in-house Shariah expertise, leading position and solid track record are recognised even beyond ASEAN’s borders. These awards will spur us on to continue delivering the best and most innovative Sukuk solutions tailored to each of our client’s unique funding and business needs. ”


CIMB’s DCM team swept a slew of awards for various deals arranged sovereign, supranational and corporate clients in 2017 including Best Quasi-Sovereign Sukuk, Best Government-guaranteed Sukuk, Best Corporate Hybrid Sukuk, Best Retail Sukuk.


The Asset Triple A Islamic Finance Awards are given out to the best Islamic banks and houses, as well as deals that defined the industry in 2017. The Asset adopts a rigorous approach – both quantitative and qualitative - in selecting the best Islamic institutions and transactions in the various countries. The honours are adjudicated by The Asset's Board of Editors and the Asset Benchmark Research team, who collectively have decades of experience in evaluating awards in Asia.



The full list of awards won by CIMB is as follows:


  1. Best Islamic  Investment Bank, Asia Pacific
  2. Best Islamic Investment Bank, Malaysia
  3. Best Islamic Retail Bank, Indonesia
  4. Sukuk Adviser of the Year, Asia Pacific
  5. Best Quasi-government Sukuk
    Cagamas Dual Re-opening of three-year RM475 million and RM525 million Sukuk
  6. Best Government-guaranteed Sukuk
    Perbadanan PR1MA Malaysia RM2.5 billion medium term notes
  7. Best Corporate Hybrid Sukuk
    Tanjung Bin Energy RM800 million unrated perpetual sukuk
  8. Best Retail Sukuk
    Khazanah Nasional RM100 sustainable and responsible investment sukuk
  9. Best Islamic Deal (Cambodia)
    Pestech (Cambodia) Limited US$53 million syndicated Islamic financing facilities
  10. Best Islamic Deal (China)
    Beijing Enterprise Water Group RM400 million wakala sukuk
  11. Best Islamic Deal (Hong Kong)
    Hong Kong Government US$1 billion trust certificates
  12. Best Islamic Deal (Indonesia)
    XL Axiate Rp2.18 trillion ijara sukuk

From left to right: Safri Shahul Hamid, Senior Managing Director & Deputy CEO of CIMB Islamic Bank Berhad, together with the team from CIMB Investment Bank Berhad, Rashdan Abdul Aziz, Managing Director & Deputy Head Regional Debt Syndicate, Winnie Sia, Managing Director & Head Regional Debt Capital Markets, Nor Masliza Sulaiman, Senior Managing Director & Global Head Capital Markets, and Zainul Hashim, Managing Director & Co-Head Senior Bankers Group, receiving the awards at The Asset Triple A Islamic Finance Awards 2018