Tharwa Islamic Fund the Best Performing Islamic Fund in Kuwait

Tharwa Investment Company announced that Tharwa Islamic Fund has been rated as the best performing Kuwaiti Islamic Fund according to the quarterly report that has recently been released by Zawya.com; a report that rates all the investment funds throughout the region on a quarterly basis and is considered to be a first-of-its-kind in the Middle East. 

Commenting on this performance, Abdullatif Al-Muzaini, Tharwa Investment Company’s Assistant Vice President for Local & Arab Countries, said: “We are proud of the excellent results that have been achieved by Tharwa Islamic Fund since the beginning of 2011, having outperformed all the market indices to become the best performing Islamic Fund in Kuwait.

“The continuity of Tharwa Islamic Fund’s excellent performance proves that its team pursues a successful strategy, which is based on selective investment that is focused on leading blue chips. Besides, the timing of buying has played a decisive role in achieving these results far from speculative trading and fast profit-making,” Al-Muzaini added.

Al-Muzaini went on to point out that Tharwa Islamic Fund was established on June 22nd 2007 with the aim of investing in Shariah compliant companies, indicating that the Fund won the Lipper Fund Award 2011 as the best performing Islamic fund in Kuwait over the previous three years.

“We, in Tharwa Investment Company, always seek to provide our customers with the best services and products. To achieve this goal, we have a fully integrated team that conducts intensive researches and studies and analyses of the companies in which we invest. This supports our decision-making process and guarantees its precision; which is ultimately reflected in the performance and results,” Al-Muzaini explained.  

“I would like to seize this opportunity to thank the members of the investment team for this excellent performance,” he concluded, expressing his full satisfaction of the status that has been attained by Tharwa Investment Company.