Takaud partnership expands Kuwait’s Ahli Capital client offerings

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 fourth-largest 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.