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IDB Prize in Islamic Banking & Finance

Every year IRTI coordinates the award of IDB Prize in Islamic Economics / Islamic Banking & Finance. This international award, which alternates between the fields of Islamic economics and Islamic banking and finance was instituted in 1408H (1988) with the objective of recognizing, rewarding and encouraging creative efforts of outstanding merit in the fields of Islamic economics, banking and finance. Since then, 32 personalities and institutions have been awarded this Prize. The Prize includes a citation acknowledging the contribution of the Prize Winner and a cash award of Islamic Dinars 30,000 (approximately US$ 45,000).

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