Apr 23 2011 |
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Jadwa Investment Wins Five Awards
Kingdom of Saudi Arabia - Al-Riyadh 23 April 2011 - Jadwa Investment was honored with five Failaka Islamic Fund Awards at their annual awards event. Jadwa 's GCC Equity Fund was named Best GCC Equity Fund for both One Year and Three Year performance, and Jadwa 's Arab Equity Fund was named Best Arab Equity Fund for both One Year and Three year performance. Russell Jadwa Emerging Markets Equity Fund was awarded Best Emerging Markets Fund for One Year performance.
Failaka is a leading Islamic research institution, performing studies of financial and investment markets. It provides services to a large segment of the financial sector, including fund managers, banks, research firms and other entities specialized in investments compliant with Islamic Shariah.
This is the third year in a row that funds managed by Jadwa Investment have received awards from Failaka, reflecting the consistently high levels of performance of its mutual funds.
Commenting on the awards, Managing Director and CEO of Jadwa Investment , Ahmed Al-Khateeb said: "Our commitment to our clients emanates from a singular, strong foundation- our long-term goal to become one of the top asset managers. Our performance results from our ability to remain consistent throughout a range of market conditions, whether good or bad. Delivering this performance consistently requires highly qualified professionals, and the regulations and procedures that facilitate our work. This was recently validated by Moody's, who awarded Jadwa Investment a Managerial Quality rating of MQ2, the second highest rating given to asset managers."
-Ends-
About
Jadwa
Investment
Founded in 2006,
Jadwa Investment
is a leading Saudi investment bank with paid up capital of SR 568,490,000.
Jadwa
is licensed by the Capital Markets Authority (CMA) to offer the full range of investment services, and is active in asset management, investment banking, brokerage and research.
All investment services offered by Jadwa Investment are fully Shariah-compliant.
© Press Release 2011
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