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 & Oversight

Amberstone maintains a robust governance framework to ensure that all investment activities comply with Shari’a principles

As part of its governance framework, Amberstone has appointed Shariyah Review Bureau (SRB) to establish, coordinate and manage its Shari’a governance arrangements. In this capacity, SRB has constituted an independent Shari’a Committee responsible for reviewing investments, issuing Shari’a rulings and related approvals, and overseeing ongoing compliance.

The Shari’a Committee assigned to Amberstone comprises the following three qualified scholars:

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

SRB does not issue fatwas and does not substitute the role of the Shari’a Committee. Rather, it supports the Committee by ensuring that governance, supervision, secretariat, and audit processes are consistently applied, implemented, and properly documented.

About Shariyah Review Bureau

Founded in the Kingdom of Saudi Arabia in 2004, SRB has more than 45 scholars across 20 countries, including the GCC, Jordan, Malaysia, Pakistan, the UK, Germany, and Russia. SRB is regulated by the Central Bank of Bahrain and has become a global brand delivering Shari’a certification and audit services worldwide.

الحوكمة الشرعية:

تتميز شركة أمبرستون بامتلاكها لإطار حوكمة شرعي متين يهدف إلى ضمان توافق جميع أنشطتها الاستثمارية مع الضوابط والمعايير الشرعية

وفي إطار منظومة الحوكمة الشرعية المعتمدة لديها، قامت أمبرستون بتعيين دار المراجعة الشرعية لتأسيس وتنسيق وإدارة ترتيبات الحوكمة الشرعية الخاصة بها، وبناءً عليه، قامت الدار بتعيين لجنة شرعية مستقلة تتولى مسؤولية مراجعة الاستثمارات، وإصدار القرارات والموافقات الشرعية ذات الصلة، والإشراف على الالتزام والرقابة الشرعية المستمرة على عمليات الشركة

وعليه، تم تعيين اللجنة الشرعية التالية أسماؤهم:

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

تجدر الإشارة إلى أن دار المراجعة الشرعية لا تقوم بإصدار الفتاوى أو القرارات الشرعية بذاتها، ولا تحل محل اللجنة الشرعية في القيام بهذا الدور، وإنما يقتصر دورها على دعم اللجنة الشرعية من خلال إدارة وتطبيق أطر الحوكمة الشرعية، وتولي أعمال الأمانة، والإشراف، والتدقيق الشرعي، وضمان تنفيذ العمليات بشكل متسق ومهني، وتوثيقها ورفع تقاريرها إلى اللجنة الشرعية

نبذة عن دار المراجعة الشرعية:

تأسست دار المراجعة الشرعية في المملكة العربية السعودية عام 2004م، وتضم في شبكة مستشاريها أكثر من 45 عالماً ومستشاراً شرعياً موزعين على أكثر من 20 دولة، بما في ذلك دول مجلس التعاون الخليجي، والأردن، وماليزيا، وباكستان، والمملكة المتحدة، وألمانيا، وروسيا. وتخضع الدار للرقابة والإشراف من قبل مصرف البحرين المركزي، وقد أصبحت علامة عالمية رائدة في تقديم خدمات الاعتماد والتدقيق الشرعي على مستوى العالم.