Login | Join

Every year, Failaka Advisors solicits nominations for its annual ISLAMIC FUND AWARDS, recognizing the funds with the best performance or the most noteworthy achievements of the past year. Below is a list of this year's winners—with a description of the criteria for each award. Winners were announced at the 3rd Annual Islamic Fund Awards event, held on March 24, 2008 in Dubai.

Best Islamic Fund Manager (GCC)

Manager of previous year's highest returning equity fund in the GCC.

2007 Winner: NCB Capital - Bahrain


Best Islamic Fund Manager (U.S.)

Manager of previous year's highest returning equity fund in the U.S. market.

2007 Winner: Saturna Capital


Best Islamic Fund Manager (Asia)

Manager of previous year's highest returning equity fund in Asia.

2007 Winner: Public Mutual - Malaysia


Best Global Equity Fund (One-Year)

Global equity fund with the highest returns for the past year.

2007 Winner: BNP Islamic Equity Optimizer
BNP Paribas Asset Management - France




Best Global Equity Fund (Three-Year)

Global equity fund with the highest returns for the past three years.

2007 Winner: Oasis Crescent Global Equity
Oasis Global Management Co. - Ireland


Best Global Equity Fund (Five-Year)

Global equity fund with the highest returns for the past five years.

2007 Winner: Oasis Crescent Global Equity
Oasis Global Management Co. - Ireland


Best GCC Equity Fund (One-Year)

Highest returning fund trading in GCC equities for the past year.

2007 Winner: Amanah GCC Equity
The Saudi British Bank – Saudi Arabia




Best GCC Equity Fund (Three-Year)

Highest returning fund trading in GCC equities for the past three years.

2007 Winner: Amanah Saudi Equity
The Saudi British Bank – Saudi Arabia




Best South African Equity Fund (One-Year)

Highest returning fund in the South African market for the past year.

2007 Winner: Oasis Crescent Equity Fund
Oasis Global Management Co.




Best European Equity Fund (One-Year)

Highest returning fund focusing on European equities for the past year.

2007 Winner: Alfanar Europe
Permal Investment Mgmt. Svcs. – U.A.E.




Best European Equity Fund (Three-Year)

Highest returning fund focusing on European equities for the past three years.

2007 Winner: Alfanar Europe
Permal Investment Mgmt. Svcs. – U.A.E.




Best U.S. Equity Fund (One-Year)

Highest returning fund focusing on U.S. equities for the past year.

2007 Winner: Al Madar U.S. Index
Al Madar Finance & Investment - Kuwait




Best U.S. Equity Fund (Three-Year)

Highest returning fund focusing on U.S. equities for the past three years.

2007 Winner: Al Madar U.S. Index
Al Madar Finance & Investment - Kuwait




Best Asian Equity Fund (One-Year)

Highest returning fund focusing on Asian equities for the past year.

2007 Winner: DWS Noor China Equity
DWS Investments – U.A.E.




Best Asian Equity Fund (Three-Year)

Highest returning fund focusing on Asian equities for the past three years.

2007 Winner: Al-Nukhba Asian Equity
Al-Tawfeek Co. For Investment Funds - Bahrain




Best Malaysian Fund (One-Year)

Highest returning fund focusing on Malaysian equities for the past year.

2007 Winner: CMS Islamic
CMS Trust Management - Malaysia


Best Malaysia Fund (Three-Year)

Highest returning fund focusing on Malaysian equities for the past three years.

2007 Winner: CMS Islamic
CMS Trust Management - Malaysia


Best Balanced Fund (One-Year)

Manager of highest returning balanced fund relative to their benchmark,
in any geographic market, for the past year.

2007 Winner: Islamic Balanced Income
Riyad Bank – Saudi Arabia


Best Balanced Fund (Three-Year)

Manager of highest returning balanced fund relative to their benchmark,
in any geographic market, for the past three years.

2007 Winner: Saudi Hollandi Bank
YUSR Tamoh Portfolio



Best MENA Equity Fund (One-Year)

Manager of previous year's highest returning equity fund
in the Middle East and North Africa.

2007 Winner: Arab Islamic Gateway
SHUAA Asset Management – U.A.E.


Best Emerging Market Equity Fund (One-Year)

Manager of previous year's highest returning equity fund in emerging markets.

2007 Winner: Al Fursan BRIC Equity Trading
CAAM Saudi Fransi – Saudi Arabia