Ribbon: Blue with white-edged red border stripes.
Instituted: 3 July 1921 by King Christian X of Denmark and Iceland. The statutes were revised on 11 July 1944 when Iceland became a republic.
Awarded: For services to Iceland or to mankind.
Grades: 4 (Grand Cross, Grand Knight with Star, Grand Knight & Knight).
| Collar |
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| Grand Cross: Badge |
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| Grand Cross: Star |
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| Grand Knight with Star: Badge |
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| Grand Knight with Star: Star |
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| Grand Knight |
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| Knight |
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