To achieve its investment objectives, the fund will primarily invest in the Saudi market in a diversified portfolio of high-quality Shariah compliant short-term investment instruments including commodity Murabaha-based transactions, Various kinds of listed Sukuk and units of similar investment funds that invest mainly in Murabaha transactions and/or Sukuk.
Itqan Fund for Murabahat and Sukuk
Latest Price NAV
USD
3.68
as of
12/Sep/23
Objective
Key Facts
Launch Date :
4/Aug/08
Asset Type :
Money MarketBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
19.40
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
3.17
5 Yrs Performance
3.24
10 Yrs Performance
2.87
Top Holdings
1.
Alkhair Capital Murabaha Fund
23
%
2.
Gfh Financial Group B.S.C I
17
%
3.
Alawwal Sar Murabaha Fund
10
%
4.
Saudi Elec Global Sukuk (Seco4)
9
%
5.
Abg Sukuk Ltd
8
%
6.
Arab National Bank Sukuk
8
%
7.
Alawwal Capital
7
%
8.
Sico-Muscat Capital Money Market Fund
7
%
9.
Ncb Tier I Sukuk Ltd
6
%
10.
Interhealth Sukuk Co. Ltd.
5
%
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.25
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
1.5
Actual Charge :
N.A
Contact
Company Name:
Itqan Capital SJSC
Website :
www.itqancapital.com