The Fund is a medium term, low risk investment vehicle with particular focus on sukuks, murabahas and Sharia compliant cash transactions. The Fund seeks to earn the highest level of current income, while aiming to achieve a net return exceeding three month USD LIBOR on an annualized basis.
IIAB Sukuk & Murabaha MENA Fund
Latest Price NAV
USD
9.20
as of
31/Mar/23
Objective
Performance
3 Yrs Performance
-0.14
5 Yrs Performance
1.43
10 Yrs Performance
0.65
Top Holdings
1.
Emaar Malls Group Sukuk LTD
10.34
%
2.
CBB International Sukuk Company
10.23
%
3.
Emirates Islamic Bank Sukuk Company LTD
9.93
%
4.
Qatar Government Sukuk
7.24
%
5.
Alpha Star Holding Limited
6.65
%
6.
Ooredoo Tamweel LTD
6.63
%
7.
Qatar Islamic Bank Sukuk
6.46
%
8.
Mumtalakat Sukuk Holding Co
6.39
%
9.
Ezdan Sukuk Company LTD
6.25
%
10.
ADIB Capital Invest 1 LTD
3.38
%
Portfolio Composition
1.
United Arab Emirates
42.6
%
2.
Qatar
33.7
%
3.
Bahrain
16.9
%
4.
Saudi Arabia
3.5
%
5.
Oman
3.3
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.65
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
2
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Arab Bank Fund Managers
Website :
www.arabbank.co.uk