The funds objective is to provide investors with a Shariah-compliant investment for steady capital appreciation with a high degree of capital preservation, superior liquidity and bearing foreign exchange risk. The fund invests in Sukuks and Morabaha (trade finance) transactions executed in accordance with Shariah principles.
Al Yusr Sukuk & Morabaha Fund
Latest Price NAV
USD
3.42
as of
4/Sep/23
Objective
Key Facts
Launch Date :
25/Apr/07
Asset Type :
Money MarketBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
85.51
Benchmark :
SAIBOR 3 Months
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
Saudi Arabia
Shariah Compliant
Shariah
Performance
3 Yrs Performance
0.22
5 Yrs Performance
1.07
10 Yrs Performance
1.45
Top Holdings
1.
SABBAB Float 07/22/30
2.
Arab Banking Corporation
3.
Arab Banking Corporation
4.
Al Rajhi Bank
5.
ALBIAB Float 04/15/31
6.
RIBL 4 PERP
7.
SARSTA 3.04 12/09/31
8.
Arab Banking Corporation
9.
Arab Banking Corporation
10.
JAZCOR 3.95 PERP
Portfolio Composition
1.
Saudi Arabia
72.77
%
2.
Bahrain
16.84
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
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/