Press Releases from Sanad Investment Co. Ltd. (7 total)
Sukuk Forum Dubai sponsored by Sanad Sukuk Fund
The Middle East Business Forum will be gathering in Dubai on 25 April 2007 at the Grand Hyatt to focus its members’ attention towards the phenomenal growth of the Sukuk industry across international markets.
The Gold Sponsor, Sanad Sukuk Fund, is the world’s first GCC-oriented, diversified Sukuk fund. Sukuk—which are also known as “Islamic bonds”—have, until now, been difficult to purchase for the vast majority of Muslims leaving them unable…
3rd Islamic Wealth Management Event sponsored by Sanad Sukuk Fund
Michael Gassner Consultancy Ltd has organised the 3rd annual Islamic Wealth Management event in Geneva at the Hotel du Rhone on 24 & 25 April 2007. The event has grown year by year and offers intimate insights into the Islamic Private Banking industry, its differences and commonalities with the conventional industry.
The Silver Sponsor, Sanad Sukuk Fund, is the world’s first GCC-oriented, diversified Sukuk fund. Sukuk—which are also known as…
Sanad Sukuk Fund launched in Zurich
The world’s first GCC oriented Sukuk fund, the Islamic counterpart of the conventional bond fund, was officially launched by the fund’s chairman Sheikh Mohammed H. Abudawood, a respected Saudi-based businessmen during the International Islamic Finance Forum in Zurich, 13-16 November.
Sheikh Mohammed was pleased to explain the fund’s rationale, saying it closed a wide gap in the Islamic financial industry. At the launch he said “Sukuk as replacement of bonds…
SHAPE Financial Corp. assigned as Sharia Advisor for the world’s first GCC-ori …
Leading international Islamic finance advisory company SHAPE™ Financial Corp. has been retained as the Sharia Advisor to the Sanad Sukuk Fund. Additionally, SHAPE’s President & CEO Abdulkader Thomas will serve on the fund’s Investment Committee.
Mr. Thomas comments on the assignment from Kuwait: “We are delighted to advise the world’s first open-ended GCC-oriented Sukuk fund. Our Sharia Board—consisting of Shaykh Nizam Yaquby and Shaykh Yussuf Talal DeLorenzo—will audit the…
Mark Mortimore. appointed as Executive Director to the world’s first GCC-orien …
Mark Mortimore is appointed as Executive Director to the world’s first GCC-oriented Sukuk fund, Sanad Sukuk Fund, announced Encore Fund Management Co. Ltd, a wholly owned subsidiary of Encore Management S.A., Geneva.
He will be responsible for managing the Islamic bond fund in accordance with its investment and Sharia compliance criteria. Mr. Mortimore has a professional track record that encompasses senior management positions with Barclays Bank, Manufacturers Hanover Bank, GE…
Encore Management S.A. appoints Jawad Ali, Partner at King & Spalding, as fund …
Jawad Ali, a Partner at King & Spalding in London office, has been officially assigned as legal counsel to the first GCC-oriented Islamic bond fund: Sanad Investment Co. Ltd. (the “Sanad Sukuk Fund”) to be managed by Encore Fund Management Co. Ltd., a wholly owned subsidiary of Geneva-based Encore Management S.A., the fund sponsor.
John A. Sandwick, Managing Director of the parent Encore said from Geneva “I am delighted to…
Encore Management S.A. assigns Michael Gassner Consultancy Ltd as Marketing, PR …
LONDON, September 30, 2006 – Michael Gassner Consultancy Ltd. has been retained as the Marketing, Public Relation and Sales Strategy Advisor for the first GCC open-ended Sukuk fund, Sanad Sukuk Fund, by Encore Management S.A., the fund’s sponsor.
Michael Saleh Gassner, Managing Director of Michael Gassner Consultancy Ltd., comments on the assignment, “For too long Muslims could not achieve a proper diversified investment strategy, income was associated with illiquidity, and…
