There is indeed a trophy for the Asia Cup. However, in the most recent 2025 Asia Cup final, the Indian team did not receive the trophy on stage. This unusual situation occurred because the trophy was to be presented by Mohsin Naqvi, the Asian Cricket Council (ACC) President, Pakistan Cricket Board (PCB) chairman, and also Pakistan's federal interior minister. The Indian team refused to accept the trophy from him, citing political and diplomatic reasons tied to the tense relations between India and Pakistan. As a result, the trophy was quietly taken backstage and never handed to the Indian players in the post-match ceremony, leading to an unprecedented trophy presentation controversy. This incident was not due to the absence of a trophy but because of the refusal of the Indian side to accept it from the designated presenter amidst ongoing political tensions. The Indian team instead celebrated their victory without the physical trophy on stage after winning the tournament.
