Thomson Reuter launches Ethical Finance Innovation Challenge & Awards

Thomson Reuter launches Ethical Finance Innovation Challenge & Awards

Thomson Reuter launches Ethical Finance Innovation Challenge & Awards

Thomson Reuters, in partnership with Abu Dhabi Islamic Bank, has announced the launch of the third annual Ethical Finance Innovation Challenge & Awards (EFICA). The global awards champion new ideas that strengthen and advance ethics in finance to transform the global financial industry. EFICA is open to all.

The response to EFICA in 2013 and 2014 has been nothing short of encouraging for the future of the global financial services industry. We received over two hundred applications from individuals and organisations around the world from different sectors and backgrounds. Similar to the process in previous years, we will shortlist the best submissions to progress to workshops with the advisory board. Winners are then selected, by audience vote, during the EFICA gala dinner which gathers industry peers and experts.

Applications are open for the following categories:

1) Islamic Finance Industry Development Award offers $100,000 for the best practice initiative that has made a significant impact on promoting Islamic finance to the global community.

2) Ethical Finance Initiative Award offers a prize of $50,000. This award recognises existing ethical financial solutions that can be implemented within the wider financial sector.

3) Lifetime Achievement Award offers a prize of $25,000. This award is conferred on an individual who has made a significant contribution and impact in the ethical practice of financial services.

Entries are welcome from any institution, research centre, individuals or groups interested in shaping the financial industry within an ethical framework. All applications will be judged on their merit based on a detailed and objective scoring criteria.

Submissions for these three awards will be open from now until 1 July, 2015.

To learn more about the awards, guidelines for entry, executive board members and to download application forms, please visit

For more information please contact

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