Thomson Reuters has chosen the Al Hilal Global Sukuk Fund for the 2017 Lipper Fund Award, recognising it as the "Best Fund over 3 years" in the Global Islamic category last month. The award was handed over at a ceremonial event held at Al Hilal Bank Head Offices, in Abu Dhabi.

For over 30 years, the Thomson Reuters Lipper Fund Awards have honoured funds and fund management that excel in offering strong risk-adjusted and high-performing funding programmes in over 20 countries worldwide.

Al Hilal Global Sukuk Fund, the now internationally acclaimed, award-winning fund, has gained over 4.13 percent year to date and 21 percent since its inception in 2012, thus achieving the highest standard of excellence against its peers in the Global Islamic Banking category and fulfilling Al Hilal Bank’s commitment to exceptional banking services while staying true to its Islamic identity.

Overseeing the achievements of Al Hilal Bank, CEO Alex Coelho said, "It is an incredible honour and a mark of true achievement to receive the Thomson Reuters Lipper Fund Award on behalf of our employees, and to represent Global Islamic Banking in such a positive light."

He continued, "At Al Hilal Bank, we believe that true change comes from within, and we could not have done it without the hard work and dedication of our employees in the Asset Management Department, and the passionate help of our team who paved the road towards excellence and distinction."