Governor receives IDB Prize

Khartoum, Sudan: Tan Sri Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia and Chancellor of INCEIF, today received the Islamic Development Bank (IDB) Prize in Islamic Banking and Finance 1433H award at the 37th IDB Board of Governors’ annual meeting.

Governor Zeti was awarded the prize for her substantial contributions to the promotion of Islamic banking and finance as well as takaful infrastructure and Shariah governance framework in Malaysia and outside Malaysia. She was also credited for her invaluable services in supporting Islamic Financial Services Board (IFSB), the creation of INCEIF and ISRA, the setting up of Malaysia International Islamic Financial Centre (MIFC), and lately founding International Liquidity Management Corporation (ILMC) in Kuala Lumpur.

In a statement, IDB president Dr Ahmad Mohamed Ali commended Governor Zeti on her accomplishments and valuable contribution to the development of Islamic financial services industry and wished her greater success.

The IDB Prize, alternating between Islamic Economics and Islamic Banking & Finance, was established in 1988 to recognise, reward and encourage the activity of outstanding merit in promoting Islamic Economics, Banking and Finance. During the last 24 years, the Prize has been awarded to 33 researchers, bankers, economists, Shariah scholars and institutions. In 2009, Prof Dr. Zubair Hasan, ┬áINCEIF’s Professor of Islamic Economics, was awarded the 1430H IDB Prize in Islamic Economics for his accomplishments and tireless efforts in the promotion of Islamic economics as well as Islamic banking and finance.

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