Manama, Bahrain: 27 May 2013: The achievements, innovations and excellence in the global Islamic funds and investments industry were recognized today at the 9th Annual World Islamic Funds and Financial Markets Conference (WIFFMC 2013) awards ceremony, which was held at the Gulf Hotel in the Kingdom of Bahrain. The annual WIFFMC Islamic Investment Institution of the Year Award, which is one of the most prestigious in the industry, is designed to recognize institutions that have made a significant contribution to the global Islamic funds and investments industry. The Award recognizes a leading institution that has demonstrated outstanding achievements and institutional excellence in major performance areas.

SEDCO Capital was voted as the 2013 WIFFMC Islamic Investment Institution of the Year from a short-list of nominees through a unique industry-based voting process.

SEDCO Capital's nomination for the award highlights their successful track record of managing and advising in excess US$ 3 billion of assets for clients across a wide and globally diversified range of investment opportunities in private equity, real estate and public equity delivering superior returns in all asset classes for over one and half decades. Their nomination also highlighted SEDCO Capital's success in developing innovative and wider range of investment options to fulfill the individual needs of their clients. SEDCO Capital has been expanding into new areas to meet the rise in demand of Shari'ah-based investments.

Abdul Rahman Mohammed Al Baker, Executive Director - Financial Institutions Supervision, Central Bank of Bahrain presented the award to Hasan S. AlJabri, Chief Executive Officer, SEDCO Capital at the conference luncheon and award ceremony held along the sidelines of the 9th Annual World Islamic Funds and Financial Markets Conference (WIFFMC 2013).

Receiving the award, Hasan S. AlJabri said: "it is indeed an honor for us to receive such a prestigious award and this award is a testament of our ability to provide sustainable long-term asset growth and steady income to our clients with a unique and customized service that exceeds expectations. This award is recognition of the commitment and dedication of our people and is a reflection of the success of our processes, products and guiding principles. Over the years SEDCO Capital has become a partner of choice for institutional and high net worth investors with whom we share our best-in-class expertise and access to prime investment opportunities globally. SEDCO has launched, sponsored and co-sponsored a diverse range of Shari'ah-compliant funds and each of these funds has been structured to provide consistent returns above industry benchmarks."

"We are extremely delighted to have been voted the WIFFMC Islamic Investment Company of the Year 2013 and we would like to thank the Government of Bahrain for their continuous support over the past 3 decades for the Islamic finance industry. We would also like to thank the organizers of the World Islamic Funds and Financial Markets Conference (WIFFMC 2013) for their professional approach in bringing the industry practitioners together in such a prestigious forum", he added.

Leading players, industry thought leaders and key regulators in the international Islamic funds and investments industry gathered in Bahrain for the 9th Annual World Islamic Funds and Financial Markets Conference (WIFFMC 2013) - the world's largest and most influential annual gathering of Islamic investment leaders.

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© Press Release 2013