Kuwait Financial Centre Markaz has taken another award.

The Markaz Arabian Fund topped the rankings in the latest quarterly MENA region’s fund rankings by Zawya, one of the leading online providers of business intelligence on the MENA region.

The Markaz Arabian Fund was ranked top of the MENA Equity conventional category in Zawya’s quarterly Funds Ranking results for Q12011.

Zawya’s ranking is the only independent ranking system in the region, addressing the rising demand for accurate information, unbiased research and analysis, as well as increased transparency in the MENA funds industry.

Josiane Assaad, Product Manager - Mutual Funds at Zawya, said: "Zawya Funds Ranking is the only ranking of its kind in the region and has been a game-changer for the industry, where it benefits both fund managers and investment professionals. As the regional funds industry is now under more scrutiny, fund performance remains key but transparency is also a vital component."