Abdullahi Adan, Executive Director, Islamic Investment Banking, SIB and NSE CEO Frank Mwiti at the ISIN Issuance ceremony at the NSE /HANDOUT
Standard Investment Bank’s MansaX Special Funds have received International Securities Identification Numbers (ISINs) from the Nairobi Securities Exchange (NSE), in a move aimed at strengthening their integration into global financial markets.
The issuance marks a milestone in the development of the investment products as they seek to attract institutional and international investors beyond their existing individual investor base.
According to Standard Investment Bank (SIB), the identifiers will make it easier for custodians, banks, institutional investors, asset managers and other financial institutions to identify, hold, reconcile and report investments in the funds.
Speaking during the signing ceremony at the NSE Trading Floor on October 13, 2026, Nahashon Mungai, SIB Executive Director for Global Markets and Portfolio Manager of the Standard Investment Trust Funds, said the development would strengthen the infrastructure supporting the funds’ growth.
“For an investment fund, identity matters. An ISIN provides a unique, internationally recognised identifier that enables custodians, banks, institutional investors, asset managers and other financial institutions to identify, hold, reconcile and report their investments more efficiently,” Mungai said.
He added that the identifiers would enhance the funds’ visibility and support their integration into the global financial markets ecosystem.
The MansaX Special Fund (KES) was issued ISIN number KE9930009213, while the MansaX Shariah Special Fund (KES) received ISIN number KE9930009437.
The funds are managed by Standard Investment Trust Funds, an umbrella fund managed by SIB. They operate as a Special Collective Investment Scheme licensed and regulated by the Capital Markets Authority (CMA).
MansaX was established to provide investors with access to professionally managed investment strategies, broaden participation in global financial markets and channel capital into productive assets.
SIB said the latest development comes as MansaX seeks to expand its investor base to include institutions, corporates, pension funds, family offices and international investors.
The bank also linked the milestone to efforts to strengthen Kenya’s investment industry infrastructure and increase the country’s participation in global capital markets.
“Kenya has significant pools of domestic capital and enormous investment potential. The opportunity is to build the market infrastructure and investment vehicles that can connect these pools of capital to investments both locally and internationally, while enabling Kenya to attract greater participation from global investors,” Mungai said.
He said aligning investment infrastructure with international standards could strengthen cross-border connectivity and position Kenya more firmly within the global investment landscape.
MansaX aims to help mobilise domestic savings, deepen participation in Kenya’s capital markets and provide investors with diversified investment opportunities within a regulated framework.
SIB acknowledged the role of the NSE, the CMA, trustees, custodians, administrators, advisers and other market professionals in supporting the development of the funds.
The bank also said investor confidence remained central to its commitment to professionalism, transparency, strong governance, disciplined investment management and long-term value creation.
The ISIN issuance is expected to support MansaX as it expands and develops its institutional capabilities.
