Fajr Capital has been recognised as the Best Islamic Private Equity House by Asia’s The Asset Magazine. The award was collected by Fajr Capital’s Board Member, Mohd Izani Ghani (left), at a gala luncheon in Kuala Lumpur, Malaysia.
The Asset’s Triple A Awards for Islamic Finance are regarded as one of the industry’s most prestigious and prominent awards. Institutions, issuers and investors – who constitute the bulk of The Asset’s readership base – are consulted during the process, either via benchmark surveys or by the selection committee.
The award caps off an exciting start to the year for Fajr Capital, following the company’s investment in a GCC-based manufacturing company in March and National Petroleum Services in April.
“We are honoured and humbled to receive this prestigious award,” said Iqbal Khan, CEO of Fajr Capital. “With asset management in the real economy poised as a huge growth area for Islamic finance, Fajr Capital is well-positioned to continue investing in promising regional businesses and playing a pioneering role as the industry’s leading private equity