The document discusses the Ethical Finance Innovation Challenge and Awards (EFICA) which aims to address issues facing Islamic finance such as a loss of confidence and failure to capture imagination. It outlines three main awards: 1) The Islamic Finance Industry Development Challenge which aims to develop a more robust ethical structure; 2) The Ethical Finance Initiative Award which encourages true financial innovation based on ethics; 3) The Lifetime Achievement Award which recognizes those who have lived ethics in finance. A process is outlined where applications are accepted until September, shortlisted candidates are mentored and present solutions in November for voting.