Press Release
Ethiopia to Host the International Interest-Free Banking & Takaful Awards 2026
Global Interest free Finance Leaders to be Honoured for Excellence, Innovation, and Leadership in Addis Ababa
(July 30, 2026 - Dubai, UAE): AlHuda Centre of Islamic Banking and Economics is proud to announce the International Interest-Free Banking & Takaful Awards 2026, which will be held on 17 August 2026 in Hyatt Regency Addis Ababa, Ethiopia, alongside the 6th International Interest-Free Banking & Takaful Forum 2026 under the patronage of the National Bank of Ethiopia. The prestigious awards will recognize outstanding achievements, innovation, and leadership by institutions and professionals contributing to the growth of the global Interest free finance industry.
The Awards serve as a global platform to honour excellence across interest-free banking, Takaful, Islamic FinTech, Interest free microfinance, Shariah governance, and financial inclusion. Through a transparent and merit-based evaluation process, nominations will be assessed by an independent panel of industry experts, academics, and Shariah scholars based on innovation, governance, sustainable growth, customer value, and overall industry impact.
This year's awards feature a broad range of categories, including Best Interest-Free Bank of the Year, Best Islamic Corporate Bank, Best Takaful Company of the Year, Best Islamic FinTech Company, Best Financial Inclusion Initiative, Best Women Empowerment Initiative in Interest free Banking, Best Islamic Microfinance Institution, and several other distinguished recognitions. The awards aim to encourage best practices, strengthen interest free finance, and inspire institutions to continue driving innovation within the Interest free financial services industry.
Mr. Muhammad Zubair Mughal, Chief Executive Officer of AlHuda CIBE, stated, "The International Interest-Free Banking & Takaful Awards celebrate institutions and professionals whose vision, innovation, and commitment are transforming the Interest free finance landscape. By recognizing excellence, we aim to inspire greater collaboration, strengthen interest free financial practices, and support the sustainable development of interest-free finance across emerging and established markets."
The awards ceremony will bring together central bankers, regulators, policymakers, CEOs, Shariah scholars, investors, development organizations, and financial institutions from across Africa, the Middle East, Asia, and Europe. Winners will gain international recognition, strengthen their institutional credibility, and showcase their achievements before a distinguished global audience while creating new opportunities for strategic partnerships and business growth.
Nominations are open to Interest free banks, conventional banks with interest free banking operations, Takaful and Retakaful companies, Islamic FinTech firms, regulators, microfinance institutions, development organizations, and industry professionals. The deadline for nominations is 10 August 2026, while the Awards Ceremony will take place on 17 August 2026 in Addis Ababa, Ethiopia, celebrating excellence and advancing the future of ethical and interest-free finance worldwide. To submit your nomination or register, visit: https://www.alhudacibe.com/ibtf2026/award.php, for further information, please contact: info@alhudacibe.com.
AlHuda Centre of Islamic Banking and Economics has remained committed to the global development of Islamic banking and finance through advisory services, research, capacity building, education, and international events. The 6th International Interest-Free Banking and Takaful Forum 2026 is expected to become a landmark event that strengthens partnerships, promotes innovation, and supports the future growth of interest-free finance across Africa.
About AlHuda CIBE:
AlHuda Centre of Islamic Banking & Economics (AlHuda CIBE), UAE, is a globally recognized advisory, consultancy, education, and capacity-building institution dedicated to the development of Islamic banking, Islamic finance, Takaful, Sukuk, Islamic microfinance, and the Halal industry.
Through its consultancy services, professional training programs, international conferences, research, publications and Shariah advisory, AlHuda CIBE has been contributing to the growth of the Islamic finance industry in more than 104 countries. The organization remains committed to promoting ethical and sustainable financial solutions through knowledge sharing, innovation, and strategic partnerships. For further Details about AlHuda CIBE, please visit: www.alhudacibe.com
For Media Inquiries:
Ms. Shaguftta Perveen
Manager Communications,
info@alhudacibe.com
Call/WhatsApp: +971 528655523
