Kuala Lumpur, Malaysia (August 8, 2018) — Saturna Sdn Bhd, a wholly-owned subsidiary of US-based Saturna Capital Corporation, received the Islamic ESG Asset Manager of the Year Award during the Asset Triple A Islamic Finance Awards on July 10, 2018. These awards honor the best Islamic banks and financial institutions, along with the deals that best defined the financial industry that year.
"We are honored to have been chosen as the Islamic ESG Asset Manager of the Year by The Asset," said Monem Salam, president and fund manager of Saturna Sdn Bhd. "At Saturna, we follow a robust sustainable Islamic investment process. Moving forward, we will continue to focus on serving our clients and community well by putting our investors' interests first, and by offering innovative, sustainable investment products."
In June 2017, Saturna Sdn Bhd joined the leading edge of asset managers integrating Islamic and sustainable investment strategies with the launch of the ICD Global Sustainable Fund. Partnering with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Malaysia's Islamic Development Bank, the Fund invests in equities of global issuers that demonstrate sustainable characteristics while also meeting the stringent Islamic investment guidelines of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Saturna's global team of analysts and portfolio managers rate the sustainability of issuers, preferring those that are generally larger, more established, consistently profitable, financially strong, and with robust environmental, social, and governance (ESG) policies.
About Saturna Sdn Bhd
Saturna Sdn Bhd, located in Kuala Lumpur, Malaysia, is a wholly-owned subsidiary of Saturna Capital Corporation, specializing in Islamic compliant and sustainable equity and sukuk portfolios for institutions and individuals. Saturna Sdn Bhd, founded in 1994 as Alpha Asset Management and purchased in 2010 by Saturna Capital, is a licensed Islamic fund manager under the Malaysia International Islamic Financial Centre (MIFC), and is adviser to the ASEAN Equity Fund, the ICD Global Sustainable Fund, and is sub-adviser to the Crescent International Equity Fund, managed by Crescent Wealth, Australia's first Islamic wealth manager.
About Saturna Capital Corporation
"Values-Based Global Asset Managers"
Saturna Capital Corporation, established in 1989 in Bellingham, Washington, USA, is a private, employee-owned, investment adviser with US$3.7 billion in assets under management, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments. Saturna Capital is adviser to the Amana Mutual Funds Trust, the oldest and largest family of funds in the US that follow principles of Islamic finance. Saturna Capital is also adviser to the US-based Sextant Mutual Funds and Saturna Sustainable Funds.
For more information about the Asset Triple A Islamic Finance Awards, visit The Asset awards page.