SICO has been appointed as Investment Managers by leading financial institutions within the region to manage their entire or country specific components of their funds.
Al Ahli Bank:
Al Ahli Bank of Kuwait has appointed SICO to manage the Saudi, Qatar and Bahrain component of Al Ahli’s Gulf Fund.
Dubai Islamic Bank’s Al Islami GCC Equity Fund:
SICO has the mandate to manage Dubai Islamic Bank’s Al Islami GCC Equity Fund – The fund is an open-end Islamic fund with monthly subscription and redemptions. SICO was also involved in structuring the product and developing an Islamic compliant screening process to be used in the selection of the equities.
Riyad Bank’s Gulf Equity Fund:
Riyad Bank has appointed SICO to manage the Qatar, Bahrain and Oman component of Riyad Bank’s GCC Islamic Equity fund.