Takaud part­ner­ship ex­pands Kuwait’s Ahli Cap­i­tal client of­fer­ings

Kuwait Times - - BUSINESS -

KUWAIT: TAKAUD, the spe­cial­ist provider of sav­ings, in­vest­ment, and pen­sion so­lu­tions for the MENA re­gion, and Ahli Cap­i­tal In­vest­ment Com­pany K.S.C.C., have signed an agree­ment that pro­vides Ahli Cap­i­tal with ac­cess to TAKAUD’s Sharia-com­pli­ant In­vest­ment Strate­gies, which com­prises of the best per­form­ing Sharia-com­pli­ant mu­tual funds glob­ally. The In­vest­ment Strate­gies are avail­able in three in­vest­ment risk pro­files and have sig­nif­i­cantly out­per­formed their re­spec­tive bench­marks over a 5-year pe­riod.

“TAKAUD is pleased to be se­lected by the in­vest­ment arm of Kuwait’s fourth­largest bank to pro­vide sav­ings and in­vest­ment so­lu­tions that span a great range of in­vest­ment needs,” Luc Me­tivier, TAKAUD CEO said. “Ahli Cap­i­tal clients will now ben­e­fit from our strin­gent in­vest­ment-screen­ing pro­cesses. We al­ways aim to of­fer sig­nif­i­cant value to in­vestors, and they will con­tinue to ben­e­fit from our on­go­ing re­fine­ments.”

Muh­sen M Al­harbi, CEO of Ahli Cap­i­tal said, “This part­ner­ship with Takaud would help to in­crease the range of in­vest­ment so­lu­tions we could of­fer our clients. This ar­range­ment will in­crease the depth and breadth of our prod­uct range. We are quite ex­cited about this new re­la­tion­ship and we be­lieve our clients will cer­tainly ben­e­fit from this ar­range­ment.”

TAKAUD Sav­ings and Pen­sions B.S.C. is li­censed as an In­vest­ment Busi­ness Firm (Cat­e­gory 1) by the Cen­tral Bank of Bahrain (CBB) and is a closed joint stock com­pany in­cor­po­rated in the King­dom of Bahrain.

TAKAUD pro­vides long term sav­ings, in­vest­ment and pen­sion so­lu­tions to in­di­vid­u­als and cor­po­ra­tions in the lo­cal and ex­pa­tri­ate com­mu­ni­ties across the MENA re­gion.

Newspapers in English

Newspapers from Kuwait

© PressReader. All rights reserved.