Takaud to offer investment options online
MANAMA, May 2, 2017
Bahrain-based Takaud, a leader in savings solutions, has partnered with top brokerage firm Mubasher Financial Services to make Takaud’s investment strategies available on line.
Mubasher will make Takaud’s conventional and Sharia compliant Conservative and other Investment Strategies available to Mubasher clients online, through Mubasher’s award-winning trading platform.
Mubasher’s technology will now enable broad public access to Takaud’s carefully constructed strategies, under the Mubasher name. In 2016, all of Takaud’s own investment strategies showed growth, with the global growth investment strategy achieving a market-leading gain of 11.58 per cent. The Mubasher Investment Strategies are based on the same sound investment principles.
In addition, Mubasher intends to offer mutual funds to their customers upon obtaining the relevant regulatory approvals. Takaud will share its investment expertise to identify a range of high quality mutual funds to be offered.
“Takaud is delighted to work with Mubasher to make our investment solutions more readily available,” said Samer Khanachet, chairman of Takaud.
“The range of investment solutions has been crafted to match the diverse investment needs of Mubasher clients. I am convinced that they will be a popular addition to Mubasher’s already expansive investment offering.”
Mubasher chairman Mohamed Al-Ballaa said: “This partnership meets our objective of providing a comprehensive range of investment options for Mubasher clients. We remain committed to continually enhancing our platform; the partnership with Takaud enables us to achieve this.”
Mubasher intends to provide conservative investment strategies, short-term investments with high rates of return, competitive return on money between trades, global, regional and sharia-compliant investment strategies and strategies developed to meet the needs of prudent, balanced and growth-oriented investors, among others.
The offering will be rolled out over the coming months, a statement said. – TradeArabia News Service