The Fund will seek to realize return on the invested amounts in Shari’ah-compliant manner by investing in short and medium-term cash instruments, wakala and murabaha deposits with banks, Islamic sukuk offered by government authorities and high-quality companies. In addition, The Fund may invest in other money market funds with similar investment objectives.
Boubyan USD Liquidity Fund
Latest Price NAV
USD
11.29
as of
8/Aug/23
Objective
Key Facts
Launch Date :
22/May/14
Asset Type :
Money MarketBase Currency :
US DollarTotal Net Asset (USD M) :
60.75
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Kuwait
Shariah Compliant
Shariah
Performance
3 Yrs Performance
1.43
5 Yrs Performance
1.68
10 Yrs Performance
N.A
Top Holdings
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Boubyan Bank KSC
Website :
www.bankboubyan.com