About

Experience that Delivers. Insight that Defines. Performance that Endures.

Our Philosophy

At Amberstone Capital, we are more than just another asset manager. Our philosophy is built on four foundational pillars that guide our decision-making and define how we serve our clients.

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Holistically Values-Based

Shari’a principles underpin both our investment offerings and our approach to doing business. They shape our interactions, inform our structures, and guide the solutions we deliver.

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Client-Centric Excellence

Our commitment is to our clients and to meeting their needs with the highest standards of service and relationship. We client interests and seek suitable solutions across the market. Integrity and alignment remain central to our approach.

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Cultural Intelligence & Global Reach

Headquartered in Abu Dhabi, we bring an understanding of the cultural and financial nuances across the GCC, MENA, CIS, and APAC regions. Our team combines regional insight with global experience, shaped by exposure to Western markets and established local relationships.

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Performance-Driven Excellence

We are driven by a strong commitment to excellence. Amberstone is built by seasoned industry professionals with extensive experience in asset management. We focus on delivering competitive, risk-aware investment outcomes through deep expertise, disciplined execution, and a continuous commitment to being the best at what we do.

Meet our team

The strength of Amberstone lies in the people who lead it. With deep regional insight and global investment experience, our team is positioned to serve clients with purpose and precision.
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Dmitry Stepanov
Founder
Portrait of a man wearing traditional Middle Eastern attire with a friendly smile.
Saif Rashed Bin Jabr Al Suwaidi
Vice Chairman
Magomed Gazimagomedov
Director
Alexey Ishchenko
Chief Executive Officer
Aris Parviz
Deputy Chief Executive Officer
Aleksandr Rybakov
Chief Financial Officer/ Head of Operations
Sameh Hassan
Chief Investment Officer
Mikhail Smirnov
Deputy Chief Investment Officer
Deni Dzhantaev
Legal Counsel

What We Offer

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Asset Management

Tailored, Shari’a-aligned investment strategies designed to address client capital objectives, including growth, capital preservation, or balanced approaches across different market cycles.
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Fund Management

Professionally managed investment vehicles designed to provide exposure to defined market themes and asset classes in a structured and efficient manner. Our focus is on facilitating access to these areas to support portfolio diversification.
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External Asset Management

Our team supports the management of portfolios held with third-party custodians, applying deep investment expertise and decades of collective experience. Where an existing portfolio is not Shari’a-compliant or has not been managed in accordance with Shari’a principles, Amberstone can assume management to bring the portfolio into alignment.

Shari’a Governance & Oversight

Amberstone maintains a robust Shari’a governance framework to ensure all investment activities comply with Shari’a principles, supported by independent oversight.

SHARI'A GOVERNANCE:

We have established a robust Shari'a governance framework. Central to this framework is the assigning of an independent Shari'a Committee, responsible for reviewing investments, issuing Shari'a rulings and overseeing Shari'a compliance. To support the effective operation of the framework, we have appointed Shariyah Review Bureau (SRB), to act as a coordinator and managing of the Shari'a governance. SRB does not issue fatwas and does not substitute the role of the Shari'a Committee; rather, it supports the Shari'a Committee by ensuring that Shari'a governance, supervision, Shari’a Committee secretariat, and audit processes are consistently applied, implemented and well-documented.

The three qualified Shari'a scholars assigned to the Shari'a Committee is:

  1. Shaikh Muhammad Ahmad
  2. Shaikh Irshad Ahmed Aijaz
  3. Shaikh Salah Fahad Al Shalhoob

ABOUT SHARIYAH REVIEW BUREAU:

Founded in the Kingdom of Saudi Arabia in the year 2004, SRB has +45 scholars spreading over 20 countries including GCC, Jordan, Malaysia, Pakistan, UK, Germany, and Russia. As a regulated entity by the Central Bank of Bahrain SRB has become a global brand delivering Shari'a certification and Shari'a audit worldwide.

الحوكمة الشرعية:

لقد قمنا بتأسيس إطار حوكمة شرعي قوي داخل المؤسسة، ويتضمن ذلك تعيين لجنة شرعية مستقلة، مسؤولة عن مراجعة الاستثمارات وإصدار القرارات الشرعية والموافقات ذات الصلة، بالإضافة إلى الإشراف على التوافق الشرعي. ولتحقيق هذا الغرض قمنا بتعيين دار المراجعة الشرعية لتولي عملية تنسيق وإدارة نظام الحوكمة الشرعية للشركة. تجدر الإشارة إلى أن الدار لا تصدر الاعتمادات الشرعية والقرارات ذات الصلة بذاتها ولا تحل محل اللجنة الشرعية للقيام بهذا الدور، بل يتمحور دورها على دعم اللجنة الشرعية المعينة من خلال التنسيق وتولي أعمال أمانة اللجنة، ومتابعة الأعمال، لضمان تطبيق إطار الحوكمة الشرعي بشكل مهني وفعال، وإدارة عمليات التدقيق الشرعي وتنفيذها وتوثيقها ورفع تقاريرها إلى اللجنة الشرعية.

تم تعيين اللجنة الشرعية التالية أسماؤهم:

  1. الشيخ محمد أحمد
  2. الشيخ إرشاد أحمد إعجاز
  3. الشيخ صلاح بن فهد الشلهوب

نبذة عن دار المراجعة الشرعية:

انطلقت دار المراجعة الشرعية من المملكة العربية السعودية في عام 2004م وتضم في شبكة مستشاريها الشرعيين أكثر من 45 مستشاراً شرعياً موزعين على 20 دولة، بما في ذلك دول مجلس التعاون الخليجي والأردن وماليزيا وباكستان والمملكة المتحدة وألمانيا وروسيا. تجدر الإشارة إلى أن الدار خاضعة للرقابة من قبل بنك البحرين المركزي، وقد أصبحت علامة تجارية عالمية تقدم خدمات الاستشارات الشرعية في جميع أنحاء العالم.