 Money Market Funds
Equity Funds
Ijara Funds
Alternative Funds
Multi Asset Funds
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Fund Objective:
The investment objective of the Fund is to achieve a competitive return by investing in short and medium term, Sharia compliant instrument that are available in the financial market, such as murabaha transactions (cost plus financing) and Ijara. The Fund may also invest in other investment funds that have the same investment objective. All instruments in which the Fund invests must comply with Islamic Shariah as determined by the Fund Company's Shariah Board. The Fund will seek to increase its Net Asset Value while achieving a high level of liquidity by investing in high-quality instruments. The Fund will be denominated in Kuwaiti Dinars.
Investment Feature:
• Competitive returns.
• Weekly liquidity.
• High-quality securities.
• Low risk investment.
• Islamic Shariah compliant investment.
• Kuwaiti Dinar denominated Fund.
Fund Facts |
| Fund structure: |
Open-ended fund |
| Currency: |
Kuwaiti Dinar |
| Inception Date: |
February 06, 2007 |
| Liquidity: |
Weekly |
| Minimum Investment: |
KD 25,000 with additional investment multiples of KD 1,000 |
| Sale Chare: |
None |
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| Management Fee: |
up to 0.75% per annum |
| Manager: |
NBK Global Asset Management Company Limited |
| Sharia Board: |
Dr. Khalid Al-Mathkor, Dr. Essa Zaki, and Dr. Abdul Aziz Al-Qassar |
| Distributor: |
National Bank of Kuwait S.A.K |
| Risk Level: |
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