Sign In
×Investment Strategy
The Shariah-compliant fund seeks to invest up to 25 percent in sukuk, sukuk funds. The fund also invests in murabaha transactions and similar funds. It may invest part of its assets in GCC stable markets.
Fund Facts
Fund Manager | Alawwal Capital Company |
Domicile | Saudi Arabia |
Eligibility | All Investors. |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 15/03/2009 |
Inception Price | 10.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued based on the net asset value per unit determined on a daily basis. |
Fund Name | Alawwal Saudi Riyal Murabaha |
Short Name | ALAWWAL SA MUR |
Fund Objective | The Shariah-compliant fund seeks to achieve capital appreciation by exceeding the benchmark, while preserving capital and minimizing risk through diversified investment in low risk and high-liquidity assets in Saudi Riyal. |
Fund Classification | Capital Preservation |
Geographic Focus | Saudi Arabia |
Currency | Riyal |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
1,000.00
Management Fee | 0.50 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 5,000.00 |
Subscription Fee | - | Min. Redemption | 1,000.00 |
Redemption Fee | - | Custodian Fee | 0.04 % |
Date | Downloads | |
---|---|---|
Alawwal Saudi Riyal Murabaha | 09/11/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Alawwal Saudi Riyal Murabaha | - | |||||
|
Fund Performance
Data Not Available
NAV | 62,335,982.00 |
Unit Price | 13.1502 |
Last Update | 08/05/2024 |
Change | 0.00 % |
Previous Close | 13.15 |
12 Month Low | 12.93 |
12 Month High | 13.15 |
Performance Overview
Change (1M) | 0.16 % |
Change (3M) | 0.36 % |
Change (12M) | 1.72 % |
Change (3Y) | 7.60 % |
Change (5Y) | 13.36 % |
YTD | 0.51 % |
Change Since Inception | 31.50 % |
Call Request