Wafra Named World’s Best Islamic Fund Manager for 2026
A New York firm just took top global honors in Islamic finance — for the third year in a row. Wafra Inc., a $30 billion alternative asset manager based in New York City, was named World’s Best Islamic Fund Manager at the 2026 Euromoney Islamic Finance Awards for its Global Sukuk Strategy.
Key facts
- Who: Wafra Inc., a $30 billion New York–based global alternative asset manager.
- What: World’s Best Islamic Fund Manager, 2026 Euromoney Islamic Finance Awards — third consecutive year.
- The strategy: Global Sukuk Strategy, co-managed by Ron Solenske and Elias Scheker Da Silva, part of Wafra’s Portfolio Solutions platform; a disciplined, data-driven approach targeting consistent risk-adjusted performance.
- How winners are picked: by a panel of Euromoney journalists and researchers after analysis and interviews; awards presented at a ceremony in Dubai.
Why a US win matters
Islamic fund management has long been dominated by institutions in the Gulf and Malaysia. A New York–based manager winning the industry’s top global distinction three years running signals how far Shariah-compliant asset management has come as an institutional discipline — run with the same data-driven process as any conventional fixed-income strategy, structured to stay Shariah-compliant.
What it means for Canadian investors
Sukuk — Shariah-compliant fixed-income instruments — are the missing sleeve in most Canadian halal portfolios: there is still no widely available Canadian-listed sukuk fund (see our halal fixed income guide). Wafra’s strategy is institutional-only, so you can’t buy it in a TFSA — but the award is a useful signal of where the industry is heading, and of the institutional demand that eventually produces retail products.
Source
Reported by PR Newswire. Figures and quotes above are from the original reporting; anything not confirmed there is marked as unknown.
FAQ
Who is Wafra?
Wafra Inc. is a $30 billion New York City–based global alternative asset manager. Its Global Sukuk Strategy was named World’s Best Islamic Fund Manager at the 2026 Euromoney Islamic Finance Awards — the third consecutive year.
Can individual investors buy Wafra’s sukuk strategy?
No — it is an institutional strategy within Wafra’s Portfolio Solutions platform, not a retail fund available to individual investors.