The fund’s objective is to achieve competitive returns at minimal risk, to strictly adhere to Shariah compatible commodity trading and interest-free financing models, as well as to enable investors to access their investment, if required, at short notice. The fund’s assets are invested in well-diversified low-risk commodity trading with local and internationally reputable clients who have sound financial backing.
SAB Invest Saudi Riyal Murabaha Fund
Latest Price NAV
USD
4.67
as of
12/Sep/23
Objective
Key Facts
Launch Date :
5/Dec/98
Asset Type :
Money MarketBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
384.36
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
1.97
5 Yrs Performance
2.08
10 Yrs Performance
1.67
Top Holdings
1.
National Bank of Kuwait-KSA
7.79
%
2.
Dubai Islamic Bank
5.41
%
3.
Dubai Islamic Bank
5.41
%
4.
Dubai Islamic Bank
5.4
%
5.
Dubai Islamic Bank
5.4
%
6.
Sharjah Islamic Bank
5.4
%
7.
Ajman Bank
5.4
%
8.
Sharjah Islamic Bank
5.4
%
9.
Dubai Islamic Bank
4.32
%
10.
Arab Banking Corporation BSC
3.76
%
Portfolio Composition
1.
KSA
59.73
%
2.
Bahrain
30.06
%
3.
United Arab Emirates
10.21
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
1.05
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:
Alawwal Invest
Website :
https://www.alawwalinvest.com/