Alkhabeer Capital has has been awarded the Best Islamic Fund Manager accolade at the Banker Middle East Industry Awards.
The ceremony, which was held in Dubai, celebrated achievements of leading Islamic financial institutions across the region and was attended by more than 450 senior financiers from around the MENA region. Attendees representing top financial institutions got together during the awards ceremony and exchanged views on their long-term plans and strategic objectives.
Nominees for the awards were short-listed from hundreds of top Islamic institutions. Tens of thousands of votes were cast by registered readers of the Banker Middle East, Islamic Business & Finance, FinanceME, WEALTH Arabia magazines as well as users of www.cpifinancial.net
CPI Financial's own commitment to increasing transparency in the awards process saw a total of 18 awards going to banking institutions in nine regional countries, which consist of GCC (Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the UAE), Jordan, Lebanon and Palestine as a result of straightforward analysis of financial reports.
Ammar Shata, CEO, Alkhabeer Capital, said: “We are delighted to win this prestigious award that recognizes Alkhabeer as the Best Islamic Fund Manager in the Middle East. We have grown rapidly in recent years and are now well positioned to offer our investors best-in-class investment solutions. Our solutions are a mix of regional and international investment opportunities that maximize our investors' returns and provide enduring value.”
Shata added: “I would like to thank my Alkhabeer colleagues for their commitment and contributions and I look forward to reporting on future progress in due course.”
The annual ceremony is designed to highlight, encourage and reward the exceptional performance and contribution in the growth of the international Islamic business and finance community. These awards are now widely considered a benchmark of excellence in the industry.
Robin Amlot, MD, CPI Financial, said: “We are proud to honor the top achievers in Islamic finance as the industry continues to grow and develop. Our awards reflect, reward and underline the success of the best in the business as the industry continues to evolve and implement best international practices.”
Alkhabeer Capital named Best Islamic Fund Manager
