SEDCO Capital to Support Responsible Finance Summit in March

SEDCO Capital to Support Responsible Finance Summit in March
01.03.2016 07:15 am

SEDCO Capital to Support Responsible Finance Summit in March

The upcoming Responsible Finance Summit in March is excited to announce the support of SEDCO Capital, the renowned Saudi asset management firm.  The Summit will host a discussion between leaders in the Islamic finance and responsible investment to identify how to fully realise the emerging market responsible finance opportunity.

The global responsible investment industry represents almost a third of all managed assets globally, however, it is dominated by institutions and assets invested within developed markets with only limited connections to the rapidly growing Islamic finance industry. Shifts are beginning to occur whereby responsible investment firms looking towards emerging markets to find long-term economic growth potential that developed markets can no longer offer. 

As these investors expand beyond their presence in developed markets, they need to make a concerted effort to build bridges between responsible investment and Islamic finance. Greater cooperation will help enable responsible finance to widen its geographical footprint and, in particular, help to support sustainable, equitable and inclusive economic growth, especially across emerging markets with Muslim majority populations.

Speaking ahead of the Summit, Hasan Al-Jabri, CEO of SEDCO Capital said: “We are delighted to participate in the Responsible Finance Summit and are very happy to see the world starting to embrace our Prudent Ethical Investment approach among a truly groundbreaking gathering of key stakeholders from the traditional responsible finance and Islamic finance sectors.  We are excited to support efforts to build alliances and increase the measurable impact of the responsible finance industry in line with the Islamic prudent principles that complement the ESG direction of building sustainable economic development. The critical discussions about a comprehensive approach that is very much aligned with our firm’s values.”"

Established in 1976, SEDCO Capital was the first Shari’ah-compliant signatory of the PRI, considered a definitive benchmark for the burgeoning global appetite among asset managers and asset owners for responsible investing. SEDCO Capital manages assets across a diversified spectrum of investments in real estate, equities and other businesses with a total AUM of $3.9 billion.  

Hosted by Bank Negara Malaysia, organised by the RFI Foundation and co-organised by Middle East Global Advisors, the Responsible Finance Summit will take place on 30-31 March at Sasana Kijang, a renowned center for knowledge and learning excellence established by Bank Negara Malaysia.

For more information on the Summit, please visit Join the conversation on responsible finance at #RFS2016 @RFIFoundation.

Related News

Wolters Kluwer Innovates with New Banking Tech Launch to Facilitate Paycheck Protection Program

Wolters Kluwer Compliance Solutions has launched a dedicated banking technology solution, utilizing its market-... Read more »

Contactless card PIN limits to increase temporarily to help reduce the risk of COVID-19 transmission

Australian Payments Network (AusPayNet), the self-regulatory body for the payments industry, confirmed today that the payment industry will be increasing the PIN limit for... Read more »

Historical evidence for bitcoin performing like digital gold

In the recent crash, the independence of bitcoin relative to other assets has been challenged as it dropped by more than the S&P500 index. Many are tempted to conclude by... Read more »

WealthTech startup InvestSuite raises €2 million

InvestSuite announces that it has raised a seed extension round led by PMV with participation from existing and new business angels, management and employees. This €2 million... Read more »

Sony Bank Secures and Enhances Mobile Banking with OneSpan’s Mobile Security Suite

OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that Sony Bank is protecting its mobile banking transactions with OneSpan’s... Read more »

TIBCO Identified as a Leader in the 2020 Digital Business Platforms Report by Aragon Research

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel