ADIB Launches 6th Edition of EFICA to Recognise Innovative Solutions in the Islamic Finance Industry

Abu Dhabi Islamic Bank (ADIB), a United Arab Emirates financial institution, and Refinitiv, a London Stock Exchange Group business, have announced the launch of the 6th edition of Ethical Finance Innovation Challenge and Awards (EFICA), according to a statement issued by ADIB on the 12th of July 2021.

Why it Matters?

The EFICA initiative recognises companies and individuals that have developed innovative solutions in the Islamic finance industry under two categories, the Ethical Finance Initiative Award and the Islamic Finance Challenge Award. According to Dr Osaid Mohammed Adeeb Kilani, Global Head of Shariah, ADIB, the continuation of the initiative emphasises the bank’s commitment to develop the Islamic finance industry, and place ethics and...