Kuala Lumpur, Malaysia (November 21, 2014) — Saturna Capital Corporation, a U.S. investment management company and parent company to Kuala Lumpur-based Saturna Sdn. Bhd., has been named "Best Islamic Asset Management Company in the Americas" by Islamic Finance News, sponsor of the IFN Islamic Investor Awards 2014. The IFN Islamic Investor Awards honor key players driving forward the fast-growing, worldwide Shariah compliant funds industry.
"At Saturna, we follow a principled and disciplined investment management process," said Jane Carten, president of Saturna Capital. "We are honored to have been chosen by our international peers to receive this esteemed award recognizing our commitment to putting shareowner interests first."
"We continue to launch new products to meet investors' demands," added Carten. "Saturna benefits from deep expertise in analyzing investments, and the long term results achieved by remaining steadfast in our strategies. We believe the criteria outlined by our faith-based products increase our ability to thrive because they inherently make us better risk managers."
Saturna received a similar award in 2011 as the result of IFN's Asset Management Poll of over 200 leading wealth management firms and individuals in the Islamic investment industry. In 2014, IFN replaced the polling format with a global advisory board of industry experts who review contenders against awards criteria that include experience, expertise, and investment performance against benchmarks, among others.
In 2010, Saturna established Kuala Lumpur-based Saturna Sdn. Bhd. (SSB) as a licensed Islamic fund manager. In February 2014, SSB launched the ASEAN Equity Fund, which invests in a diverse portfolio of Shariah-compliant equities across the ASEAN region.
Saturna's Islamic investment process, refined over two decades, employs a proprietary grading system developed by Saturna that screens and monitors a database of more than10,000 securities monthly to meet the requirements of the Islamic faith. Securities that receive an "A" grade — roughly half — are further appraised by Saturna's global team of 14 analysts who rigorously evaluate each security's potential to generate cash flow, sustain growth through difficult market cycles, and create value for shareowners over the long term.
For more information about the Islamic Finance News Islamic Investor Awards 2014, visit www.islamicfinancenews.com.
About Saturna Capital Corporation
"Values-Based Global Equity Managers"
Saturna Capital Corporation, established in 1989 in Bellingham, Washington, USA, is an investment adviser with over US$4 billion in assets under management globally, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments.
Saturna Sdn. Bhd., located in Kuala Lumpur, Malaysia, is a wholly-owned subsidiary of Saturna Capital, specializing in Islamic compliant investment advisory services for individuals and institutions.
Saturna Capital is adviser to the Amana Mutual Funds (Amana Growth Fund, Amana Income Fund, and Amana Developing World Fund) that follow principles of Islamic finance.
Saturna Capital is also adviser to the U.S.-based Saturna Investment Trust, consisting of six mutual funds: Sextant International, Sextant Growth, Sextant Core, Sextant Bond Income, Sextant Short-Term Bond, and the Idaho Tax-Exempt Fund.
Saturna Capital has two other wholly-owned subsidiaries: Saturna Brokerage Services, located in Bellingham, Washington, USA, provides general discount brokerage services and distributes Saturna's affiliated U.S.-based mutual funds; and Saturna Trust Company, headquartered in Reno, Nevada, USA, provides trust services to families, charities, trusts, estates and retirement plans.
Islamic Finance News is a publication of REDmoney, a publishing and event company focusing on the global Islamic finance industry. Islamic Finance News, published weekly, is a capital markets focused e-newsletter providing editorial coverage of the global Islamic finance market.
The IFN Islamic Investor Awards are submission-based. Winners are selected by an independent panel of experienced judges, designated by IFN, who evaluate each nomination with regard to assets under management, percent annual growth, annual and year-to-date performance against benchmarks, collective industry experience and expertise, and other factors specific to investment objectives and themes, regions and sectors, and industry innovation, among others.
Please consider an investment's objectives, risks, charges and expenses carefully before investing. To obtain a free prospectus or summary prospectus that contains this and other important information about Saturna's funds, call toll free 800/SATURNA or visit www.saturna.com. Please read the prospectus or summary prospectus carefully before investing.