Professor Datuk Rifaat Ahmed Abdel Karim was conferred the Royal Award for Islamic Finance 2016 by the King of Malaysia, His Majesty the Yang di-Pertuan Agong. The biennial Royal Award initiative recognises individuals who have excelled in advancing Islamic finance globally. Professor Datuk Rifaat’s contributions include the establishment of two international standard setting bodies, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Islamic Financial Services Board (IFSB). He is the first Secretary-General of the IFSB, a post he held since the IFSB started to operate in 2003 until 2011. Under his stewardship, the membership of the IFSB expanded from nine founding members in 2003 to almost 200 members in 2010. He is a prolific writer and has authored several academic papers in key areas including accounting, finance, governance, Shari’ah and regulatory issues to further contribute to the development of Islamic finance.
Dr Zeti Akhtar Aziz is the first female central banker in Asia, being a key player in the global development of Islamic finance for more than a decade.
Tan Sri Dato' Sri Doctor Zeti Akhtar Aziz is Governor of Bank Negara Malaysia, the Central Bank of Malaysia. She was reappointed Governor for a further five year term beginning with 1 May 2011 by His Majesty the Yang di-Pertuan Agong.