Celebrating excellence, innovation and leadership in Islamic finance across Africa
Dubai, UAE | 12 November 2026: AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) is pleased to announce the 12th African Islamic Finance Awards 2026, scheduled for 1 December 2026 at the Holiday Inn Mauritius Mon Trésor, Mauritius. The awards will recognize institutions, professionals and initiatives making exceptional contributions to the advancement of Islamic banking and finance across Africa.
As demand grows for ethical, inclusive and Shariah-compliant financial services, Africa is witnessing opportunities in Islamic banking, Takaful, Sukuk, Islamic microfinance and financial technology. Recognizing tangible achievements in these fields can strengthen institutional confidence, encourage responsible innovation and highlight practical solutions that support wider financial participation and sustainable development.
Organized alongside the 12th African Islamic Finance Summit 2026, taking place from 1–3 December in Mauritius, the awards provide a distinguished platform to celebrate industry excellence and connect African institutions with regulators, investors, Shariah scholars, policymakers and international Islamic finance professionals.
The awards span institutional excellence in Islamic banking and Islamic finance products; Takaful and Re-Takaful; Islamic capital markets, Sukuk and investment management; regulatory excellence; Islamic FinTech and technology solutions; Islamic microfinance and financial inclusion; and professional leadership, Shariah advisory and women’s empowerment. Categories include Best African Islamic Bank, Best African Takaful Company, Excellence in Sukuk Structuring, Best Islamic Fintech, Best Islamic Microfinance Institution and Best Shariah Scholar / Advisor.
Mr. Muhammad Zubair Mughal, Chief Executive Officer of AlHuda CIBE, stated, “Africa holds tremendous potential to advance a more inclusive and resilient Islamic financial ecosystem. The African Islamic Finance Awards are an opportunity to celebrate the institutions and individuals turning that potential into practical achievements through innovation, strong Shariah governance and responsible leadership. By recognizing their contributions, we hope to encourage stronger collaboration, inspire emerging professionals and support sustainable growth across the continent.”
The award ceremony will bring together Islamic financial institutions, central banks and regulators, Takaful and Re-Takaful providers, Sukuk and capital market professionals, Islamic FinTech innovators, Shariah scholars, investors and industry leaders from Africa and beyond. Award recipients will benefit from international recognition, enhanced industry credibility and opportunities for collaboration, partnerships and growth.
Nominations are open to Islamic banks and Islamic banking windows, Takaful and Re-Takaful companies, Islamic microfinance institutions, Sukuk and capital market institutions, Islamic FinTech and technology providers, regulators, Shariah advisory organizations, education and training institutions, and professionals advancing Islamic finance. For nominations and participation, please visit https://www.alhudacibe.com/aifs26/award.php.
About AlHuda CIBE
AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) has been promoting Islamic banking and finance internationally since 2005. Its services include advisory and consultancy, Shariah advisory, research and product development, education and capacity building, publications and international conferences. With an alumni network spanning more than 105 countries, AlHuda CIBE supports the advancement of practical, ethical and Shariah-compliant financial solutions. For more information, visit www.alhudacibe.com.
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