The theme of CIBAFI Award 2021 was “Adoption of Financial Technologies”. The Award aimed to assess the level of Fintech adoption within Islamic financial institutions and the recent trends implemented in their operations. After the screening, evaluation, and the due diligence process, the winner of the CIBAFI Award 2021 was Al Baraka Türk Participation Bank which constitutes an exemplar and a dedicated bank towards implementing effective strategies and organisational approaches for Fintech adoption.