Refinitiv Awarded Best Islamic Data Provider 2021 By The Asset

Refinitiv, a London Stock Exchange Group (LSEG) business, has been awarded the Best Islamic Data Provider 2021 by The Asset, Asia's leading financial publication for issuers and investors.

The Asset Triple A Islamic Finance Awards are the industry's most prestigious awards in what has become one of the fastest growing and most promising niches of global finance. The awards recognize the best Islamic banks and houses, as well as the deals that defined the industry during the review period.

Refinitiv's Islamic finance (IF) proposition offers a variety of data, tools, and applications to capitalise on Islamic finance opportunities, including insights and analysis via Workspace & Eikon, Shariah-compliant asset performance tracking, Islamic finance workflow solutions, among others.

"We are delighted to be awarded the Best Islamic Data Provider for 2021. This acknowledgment confirms the unrivalled breadth and depth of our Islamic market data and market intelligence. Refinitiv is one of the world's leading independent source of intelligent information and data for businesses and professionals operating in the global Islamic finance industry. We will continue to build on our expertise and knowledge of Islamic finance to address key industry challenges," said Nadim Najjar, Managing Director, Middle East and Africa (MEA), Data & Analytics, LSEG.

"We are proud to be recognised as the top data providers in the Islamic finance world. Our Islamic finance proposition enables organisations to explore strategic growth opportunities across global markets. Refinitiv covers all major Islamic finance asset classes including sukuk profiles, sharia-screened stocks, Islamic indices, and Islamic funds. We also provide an exclusive Islamic finance database including over 1,500 Islamic financial institutions data covering $3 trillion Islamic finance assets," said Mustafa Adil, Head of Islamic Finance, Refinitiv, an LSEG Business.

The Asset adopts a rigorous approach in selecting the best Islamic institutions and transactions in the various countries. Point scores for both quantitative and qualitative factors are combined to determine the winners.