IFN Investor crowns Islamic Fund House of the Year

We wrap up our week of unveiling the top winners of the world’s most prestigious Islamic finance awards across the legal, banking and capital market sectors, by announcing the IFN Investor Islamic Fund House of the Year 2025.

Al Rajhi Capital, HSBC Asset Management, Jadwa Investment, Public Mutual and Saturna Capital were shortlisted for the IFN Islamic Fund House of the Year following strong performance during the July 2024 through June 2025 period. Each firm demonstrated the ability to drive investor outcomes as well as meaningful contribution in shaping the Islamic investment landscape.

Yet the title went to a global powerhouse – HSBC Asset Management. It has distinguished itself not through a single breakthrough, but through depth across products, markets and investor segments.

The firm earned honorable mentions in four categories, underscoring the breadth of its Islamic investment offerings, which span ETFs, REITs, Sukuk strategies and multi-asset portfolios, including Europe’s first Sukuk ETF and one of the world’s largest Islamic global equity index funds.

At the heart of HSBC Asset Management’s proposition is a scale few can match.

Over the review period, HSBC grew its Islamic assets from approximately US$6.8 billion to over US$9.2 billion, surpassing US$10 billion in AUM shortly thereafter – a milestone achieved by only a small number of global asset managers.

Importantly, this growth was driven not by a single flagship product. Instead, it reflected steady inflows across equities, Sukuk, real assets and multi-asset solutions – evidence of broad-based investor confidence.

Geographical reach further strengthens this position. Its Islamic funds are domiciled across 20 jurisdictions, giving the firm a presence that extends well beyond regional strongholds.

HSBC Asset Management’s commitment to Islamic investing is evident in its pipeline. With over 40 Islamic fund share classes across at least 10 core Islamic strategies, the firm continues to expand its product suite with multiple new share classes and regional variants in development.

Initially scheduled to be revealed at the IFN Awards Ceremony in Dubai alongside IFN Overall Deal of the Year, IFN Overall Best Islamic Bank and IFN Best Law Firm of the Year, the announcements were brought forward following the postponement of the Dubai ceremony to the 9th June 2026 due to geopolitical developments.

For a full breakdown of the winning firm and detailed analysis of each finalist, read the complete IFN Investor Fund House Awards 2025 story.

Suggested for you