The annual Ethical Finance Innovation Challenge and Awards (EFICA) returned in 2016 for the 4th time to inspire and assist initiatives that promote ethical and Islamic finance.

Thomson Reuters and Abu Dhabi Islamic Bank aspire to change people's lives for the better by highlighting the most innovative financial initiatives and giving them the support they need to grow and prosper.

During the past 4 years, EFICA has become a leading finance award selecting winners from more than 450 applications received from around the world and providing the opportunity for 21 finalists to present their initiatives at an EFICA gala dinner and get wider visibility.


Ethical Finance Initiative Award

The Ethical Finance Initiative Award promotes emerging and existing talent providing ethical financial solutions or initiatives that can be implemented within the financial sector. A single prize of $100,000 will be awarded.

Lifetime Achievement Award

The Lifetime Achievement Award celebrates an outstanding individual or institution that has shaped the world of financial services using a positive approach and ethical principles. The award is for $25,000.

The competition is now closed, and we are no longer accepting submissions