Rasmala Global Sukuk Fund has secured two major accolades at the 2026 LSEG Lipper Fund Awards, winning the Best Fund category over a 10-year performance period. The recognition underscores the fund's consistent ability to deliver returns to investors in the Islamic finance space.
LSEG Lipper's awards rank funds based on risk-adjusted returns and expense ratios, making them among the most competitive honors in asset management. Rasmala's dual wins signal outperformance in both overall returns and risk management within the sukuk market, where Islamic bonds have expanded rapidly as institutional investors seek Sharia-compliant fixed income exposure.
Sukuk instruments have grown into a $800 billion-plus global market. They appeal to Islamic investors following Sharia law, but also to conventional investors hunting for diversification and yield. Rasmala's track record reflects broader trends: demand for alternative fixed-income products remains strong even as central banks maintain higher interest rates longer than many predicted.
The 10-year performance window is particularly telling. It covers a period that included the 2020 pandemic shock, the 2022 rate hiking cycle, and recent geopolitical volatility. Funds that sustained returns through such turmoil demonstrate manager skill and portfolio resilience, not luck.
Rasmala manages roughly $2.4 billion in assets across sukuk and Islamic equity strategies. The firm operates across the Middle East, Europe, and Asia, positioning itself at the center of Islamic finance flows. Awards like these matter for distribution. Asset managers compete ferociously for bank shelf space and institutional mandates. Recognition from LSEG Lipper, a data and research division of the London Stock Exchange Group, carries weight with consultants and wealth managers evaluating fund options.
The win also reflects investor appetite for Islamic fixed income in a