SEDCO Holding Group was recently awarded the ‘Best Islamic Private Wealth Management Company' in the Kingdom of Saudi Arabia by the World Finance magazine at the 2016 Islamic Finance Awards, with special global recognitions, under the finance, banking and investment sectors. The global magazine awards excellent performers annually for their exceptional practices in similar sectors. This recognition is not the first for SEDCO Holding Group as a leading private wealth management organization which conducts its business according to Shariah guidelines. Anees Ahmed Moumina, CEO of SEDCO Holding Group, said: "This prestigious award and industry recognition brings us great pride. Winning at The Islamic Finance Awards is a firm proof that our hard work and innovation in the financial and investment industry is globally recognizable. The Group conducts its business in diversified private wealth management industries, and this achievement is yet another motivation to push onwards with our capabilities and raise the bar under this sector." The World Finance magazine assesses the best financial institutions around the world to shed light on their excellence in business practices and to reflect the development in the field of innovation and strategic vision, one that may inspire those in the global financial platform.