2015–16 Úrvalsdeild karla

The 2015–16 Úrvalsdeild karla was the 65th season of the Úrvalsdeild karla, the top tier basketball league in Iceland. The season started on October 15, 2015 and ended on April 29, 2016. KR defended its title by defeating Haukar 3–1 in the Finals.

Competition format
The participating teams first played a conventional round-robin schedule with every team playing each opponent once "home" and once "away" for a total of 22 games. The top eight teams qualified for the championship playoffs whilst the two last qualified were relegated to Division 1.

Awards
All official awards of the 2016–17 Úrvalsdeild karla season.

Domestic MVP
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Foreign MVP
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Playoffs MVP
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Domestic All-First Team
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Coach of the Year
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Defensive Player of the Year
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Young Player of the Year
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