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×Investment Strategy
The Shariah-compliant fund seeks to invest in murabaha, ijara, short- term securities, trade finance transactions and low risk treasury bonds. The fund also invests in Sukuk, and similar funds.
Fund Facts
Fund Manager | AlJazira Capital Company |
Domicile | Saudi Arabia |
Eligibility | All investors |
Fund Category | Money Market |
Fund SubCategory | Shariah Compliant |
Inception Date | 10/02/2019 |
Inception Price | 100.00 |
Valuation Period | Daily |
Valuation Basis | The fund is valued four days a week (Saturday to Wednesday). |
Fund Name | Al Jazira USD Murabaha Fund |
Short Name | Al Jazira USD Murabaha |
Fund Objective | The fund seeks to achieve competitive returns compared to the respective benchmark and provide liquidity to investors in short term. |
Fund Classification | Capital Preservation |
Geographic Focus | Worldwide |
Currency | USD |
Structure | Open |
Fees And Expenses
Additional Subscription Information :
500.00
Management Fee | 15.00 % | Performance Fee | - |
Management Fee Type | Per annum | Min. Subscription | 2,000.00 |
Subscription Fee | - | Min. Redemption | - |
Redemption Fee | - | Custodian Fee | - |
Date | Downloads | |
---|---|---|
Al Jazira USD Murabaha Fund | 09/10/2023 |
Fund | H1 | H2 | Year | |||
---|---|---|---|---|---|---|
Al Jazira USD Murabaha Fund | - | - | ||||
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Fund Performance
Data Not Available
NAV | 15,759,368.06 |
Unit Price | 112.6258 |
Last Update | 15/04/2024 |
Change | 0.02 % |
Previous Close | 112.60 |
12 Month Low | 108.10 |
12 Month High | 112.63 |
Performance Overview
Change (1M) | 0.39 % |
Change (3M) | 1.11 % |
Change (12M) | 4.34 % |
Change (3Y) | 8.04 % |
Change (5Y) | 12.06 % |
YTD | 1.30 % |
Change Since Inception | 12.63 % |
Call Request