Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Oxford International Digital Institute Launches Oxford ELLT Express to Support Time-Sensitive Student Applications

    July 31, 2026

    Robo.ai Appoints Dr. Jasem Al-Mansory as Chief Executive Officer of Its Subsidiary Alif Holding

    July 31, 2026

    STARTRADER expands AI offering with 31 New US Share & ETF CFDs in Semiconductors, Optical Networking & Nuclear

    July 31, 2026
    UAE News HubUAE News Hub
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    UAE News HubUAE News Hub
    Home » Wafra Wins Across Three Categories at the 2026 Global Islamic Finance Innovation Awards
    PR Newswire

    Wafra Wins Across Three Categories at the 2026 Global Islamic Finance Innovation Awards

    May 26, 2026
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    Awarded Best Islamic Fund of the Year – Absolute Return, Best Islamic Fund of the Year – Risk-Adjusted Return, and Best Sukuk Fund

    NEW YORK, May 26, 2026 /PRNewswire/ — Wafra Inc. (Wafra), a $30 billion New York City–based global alternative asset manager, announced that its Global Sukuk Team has been recognized at the 2026 Digital Banker’s Global Islamic Finance Innovation Awards, receiving Best Islamic Fund of the Year – Absolute Return, Best Islamic Fund of the Year – Risk Adjusted Return, and Best Sukuk Fund. The awards honor and celebrate outstanding Islamic financial institutions and their contribution to the global banking landscape.

    Wafra Inc.

    Wafra’s Global Sukuk Strategy, led by Ron Solenske and Elias Scheker Da Silva, who bring over four decades of combined fixed income experience, is part of the firm’s broader Portfolio Solutions platform, which addresses the bespoke needs of global institutional partners. Within this platform, Wafra’s Global Sukuk Strategy utilizes a disciplined, data-driven investment approach to target consistent, risk-adjusted performance. Recognition across three award categories highlights the depth of the platform, with judges citing the firm’s “highly innovative” approach and “well-executed” solutions.

    “These awards reflect the sophistication of Wafra’s investment approach in serving investors seeking Shari’ah-compliant solutions,” said Ron Solenske, Director and Head of Fixed Income at Wafra. “We are pleased to have been recognized across multiple categories, underscoring the team’s hard work, innovation, and consistent performance.” 

    Winners of the Global Islamic Finance Innovation Awards are selected by a panel of judges and advisors following a rigorous evaluation process and were announced at a ceremony on May 21, 2026.

    About Wafra
    Wafra is a global alternative investment manager with approximately $30 billion of assets under management across a range of alternative assets, including strategic partnerships, real assets & infrastructure, and real estate. By providing flexible and accretive capital solutions and focusing on long-term partnerships, Wafra aligns and partners with high quality asset owners, companies, and management teams. Headquartered in New York, Wafra has additional offices in London and Bermuda. For more information, please visit www.wafra.com.

    Award Disclosure
    The accolades noted herein were independently determined and awarded by The Digital Banker (“Digital Banker”) and represent the opinions of the publisher and not those of Wafra. There can be no assurance that other publishers or market participants would reach the same conclusion.

    For Best Islamic Fund of the Year, five institutions were assessed in the Absolute Return category and four in the Risk Adjusted Return category. For the Best Sukuk Fund, eight institutions were assessed. 

    Institutions were assessed based on quantitative and qualitative factors including product innovation, customer experience, financial performance and corporate strategy. Wafra has paid fees to Digital Banker for use of trademark and a speaking spot at the awards gala.

    Media Contacts
    Prosek Partners
    Pro-wafra@prosek.com

    Logo – https://mma.prnewswire.com/media/2453848/Wafra_Logo.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/wafra-wins-across-three-categories-at-the-2026-global-islamic-finance-innovation-awards-302781330.html

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email

    Related Posts

    Oxford International Digital Institute Launches Oxford ELLT Express to Support Time-Sensitive Student Applications

    July 31, 2026

    Robo.ai Appoints Dr. Jasem Al-Mansory as Chief Executive Officer of Its Subsidiary Alif Holding

    July 31, 2026

    STARTRADER expands AI offering with 31 New US Share & ETF CFDs in Semiconductors, Optical Networking & Nuclear

    July 31, 2026

    Oman Deputy IT Minister Applauds Kingsoft Office’s AI Strategy

    July 31, 2026

    Esports Foundation and adidas Announce Landmark Partnership to Outfit Every Team at the Inaugural Esports Nations Cup

    July 30, 2026

    WPS Office Wins Over Omani Students by “Speaking Their Language”

    July 30, 2026
    Latest News
    Technology

    Apple market cap reaches 4.94 trillion to top Nvidia

    July 29, 2026

    The valuation shift reflects broader recalibrations across international financial markets as institutional managers re-evaluate capital commitments tied to artificial intelligence infrastructure. While competing hyperscale computing enterprises including Alphabet and Tesla accelerated capital investments toward data centers, robotics, and autonomous transport networks, Apple maintained disciplined expenditure controls over consecutive fiscal quarters. Market participants increasingly view Apple’s disciplined spending approach as an operational buffer, allowing the firm to expand its proprietary Apple Intelligence software ecosystem without incurring high infrastructure depreciation costs. Trading patterns across major equity benchmarks highlighted diverging sentiment between hardware component suppliers and consumer technology platforms. Apple benefited from sustained investor demand for high-margin software service revenue and consumer device ecosystem integration.

    Gold prices fall on strong dollar ahead of central bank meeting

    July 29, 2026

    Porsche to cut 5000 more jobs under restructuring plan

    July 28, 2026

    Senate crypto bill faces pushback over conflict of interest rules

    July 28, 2026

    May foreign tourist arrivals drive South Korea travel surplus

    July 27, 2026

    Extreme heat wave triggers emergency alerts across Daegu

    July 27, 2026

    Heat intensifies severe drought across European nations

    July 24, 2026

    Amazon wildfires in Brazil fall to lowest level in four decades

    July 23, 2026
    © 2026 UAE News Hub | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.