The aim of the award is to promote ethical reflection on issues raised by advances in science and technology, and to raise global awareness of the importance of ethics in science. The prize was named after the 11th century Persian physician and philosopher Abu Ali al-Husain Ibn Abdallah Ibn Sina (980-1038), otherwise known as Avicenna.
The Prize consists of a gold medal, a certificate, USD$10,000, and a one-week academic visit to the Islamic Republic of Iran.
Since it was founded, the award has been given to three individuals.
- 2004 Margaret Somerville, Canada
- 2006 Abdallah S. Daar, Canada
- 2010 Renzong Qiu, China
- 2015 Dr. Zaabta Khan Shinwari, Pakistan