Saturna Capital and Saturna Sdn Bhd both garner wins at the 2023 Lipper Fund Awards 

Lipper Fund Awards 2023

New York, NY, March 13, 2024  —  At the 2023 Lipper Fund Awards, Saturna Sdn Bhd’s Saturna ASEAN Equity Fund and Saturna Capital’s Amana Developing World Fund both won awards for their respective performances. The awards ceremony took place on Wednesday, March 13, 2024, at Manhattan in New York City.

The Lipper Fund Awards celebrates winning funds and fund management teams for consistently strong risk-adjusted performance. The Saturna ASEAN Equity Fund won Best Fund Over Five Years in the Equity ASEAN category. Amana Developing World Fund was honored twice; as the Best Fund Over Three Years and as the Best Fund Over Five Years, both in the Equity Emerging Markets Global category.

“We are thrilled to receive the Lipper Funds Award for Saturna ASEAN Equity Fund,” said Ms. Shahariah Shaharudin, president of Saturna Sdn Bhd. “It shows our commitment towards Shariah and ESG investments and is a testament to our rigorous fundamentals driven investment focus. We firmly believe the ASEAN region offers tremendous long-term investment opportunities and will continue to serve our clients well by offering innovative and sustainable investment products.”

About The Cambridge Islamic Funds Awards (CIFA)

The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see Lipper Fund Awards. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by LSEG Lipper.

About Saturna Sdn Bhd

Saturna Sdn. Bhd., located in Kuala Lumpur, Malaysia, is a wholly-owned subsidiary of Saturna Capital that specializes in Islamic-compliant fund management services for individuals and institutions.

For more information about Saturna Sdn. Bhd., visit

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$7.8 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 Saturna Capital, visit