Maybank IB adjudged AsiaPac’s best Islamic investment bank, Sukuk adviser

Maybank IB CEO Fad

KUALA LUMPUR: Maybank Investment Bank (Maybank IB) won 13 awards at The Asset Triple A Islamic Finance Awards 2019 including two accolades for Best Islamic Investment Bank and Sukuk Adviser of the Year for Asia Pacific. 

Maybank IB was also recognised as Malaysia’s Best Islamic Investment Bank and Malaysia’s Sukuk Adviser of the Year, alongside multiple awards for key deals that underscored the investment bank’s capacity for undertaking innovative Islamic finance transactions.

In a statement issued on Wednesday, it said  the awards were given in recognition of Maybank IB’s strong performance during the period under 
review. 

The Asset said Maybank IB played a prominent role in key deals in  Malaysia as well as other markets including Indonesia, where it has manifested its capability in arranging local currency deals. Sukuk issuances continue to dominate Islamic finance activity in the  region, and the investment bank was involved in major deals that defined the sukuk market during  the review period, according to the publication. 

Maybank IB CEO Fad’l Mohamed said the group was honoured to have won the coveted awards, including its first ever accolade for Asia Pacific’s Best Islamic Investment Bank, which recognises its regional capabilities in undertaking complex  Islamic finance transactions across the deals spectrum. 

“These awards are testament to the  hard work of our talented investment banking team and their abilities to execute innovative financing  solutions for our clients,” Fad'l said.

“The recognition reaffirms our regional leadership position as a pioneer in the ESG and Islamic Finance space. Sustainability has always been at the core of our DNA, with our mission for humanising financial services serving as a guiding principle that keeps us focused on what we do, who we are doing it for, and most importantly, why we are doing it. 

"We will continue leveraging on our Intelligence, Insights and Innovation-led investment solutions to help our clients build more sustainable businesses,” said Maybank Kim Eng Group CEO Ami Moris.

Among the prominent award winning deals are HSBC Amanah’s RM500 million United Nations Sustainable Development Goals (SDG) Sukuk (Islamic Deal of the Year/Best Sukuk/Most Innovative Deal/Best Islamic Deal - Malaysia), PT Sarana Multi Infastruktur’s IDR1.5 trillion Sukuk and Green Bond (Best Islamic Deal – Indonesia), Yinson TMC’s RM950mil perpetual Sukuk Mudharabah (Best Corporate Hybrid Sukuk), and Eco World International Bhd’s RM180mil unrated Sukuk Murabahah (Best Unrated Sukuk).