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| NCB CAPITAL AWARDED BEST INVESTMENT PRODUCT RANGE |
| 7/19/2010 |
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| Accolade given at International Takaful Awards in London
NCB Capital has been awarded "Best Investment Product Range" at The International Takaful Awards 2010.The award, presented by Middle East Business Forum during its annual Takaful Summit in London, recognises exceptional work in Islamic fund management.
A pioneer in the provision of Islamic investment products, NCB Capital launched the world's first Sharia-compliant real estate fund and was the first Saudi bank to provide its clients with hedge funds and tailored structured products. As a result, it is today the Kingdom's largest Sharia-compliant fund business with a 33 percent market share through 26 mutual funds. This fact alone also makes it the world's largest Shariah-compliant asset manager.
NCB Capital aims to be the leading asset management house in the global Takaful industry, a sector with high projected growth. Through its dedicated international distribution team, it has signed a number of important deals with leading Takaful companies. |
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