The Fund strives to provide attractive investment opportunities for those interested in investing in money market instruments such as bank deposits, high credit quality sukuk, and other money market fund units in Kuwait, GCC, and other countries. The Fund will operate in accordance with the principles and precepts of Islamic Shari’a.
NAV
Annualized YTD return
Return Since Inception
| Fund Type | : Public |
| Fund Structure | : Open-Ended |
| Inception Date | : August 2019 |
| Fund Tenor | : 15 calendar years (renewable) |
| Domicile | : Kuwait |
| Nominal Unit Value | : 1 unit = 1KD (Subsription/Redemption based on NAV) |
| Periodic NAV Calculation | : Weekly on Thursday |
| Subscription/Redemption Cycle | : Weekly on Wednesday |
| Subscription/Redemption Fee | : None |
| Minimum Subscription | : 10,000 units |
