Argaam honors financial institutions, investment funds at awards ceremony

Argaam Recognition Awards 2025: Winners revealed

Argaam announced the winners of the Argaam Recognition Awards 2025, reinforcing the awards’ position as a leading benchmark for excellence in Saudi Arabia’s financial sector since their launch in 2017.

Top-Performing Mutual Funds Honored

Under the mutual funds category, which aims to encourage fund managers to deliver strong and consistent performance, the Top-Performing Fund Award (Tier 1) — designated for funds with

AUM exceeding SAR100 million — was awarded to ANB Capital Fund managed by ANB Capital.

The Top-Performing Fund Award (Tier 2), designated for funds managing less than SAR100 million in AUM, went to Saudi Financial Institutions Equity Fund managed by SAB Invest.

IPO Management Awards

In the IPO management category, winners were selected based on rigorous criteria including deal size and subscription coverage ratios.

BSF Capital received the Top IPO Manager Award in the Main Market (TASI), in recognition of its leading market share in managing major listings, while Yaqeen Capital won the Top IPO Manager Award in the Nomu-Parallel Market for its role in leading offerings in the alternative market.

This year’s edition also introduced a new category for top-performing global markets and money market funds, with winners selected through an application-based process.

The Top Performing Global Markets Fund Award (Tier 1) was awarded to Al Rajhi Awaeed Fund, managed by Al Rajhi Capital, while the Top Performing Global Equities Fund Award (Tier 2) was also presented as part of the newly launched category.

Meanwhile, Derayah Financial won the Best Brokerage Firm Award based on a vote by Argaam readers, reflecting investor confidence in the quality of its services.

Argaam said the awards underscore its commitment to advancing transparency, governance, and best practices across Saudi Arabia’s financial sector. The initiative recognizes fund managers and IPO advisers that have played a key role in deepening the capital market and enhancing its efficiency in support of Vision 2030.