The fund’s objective seeks to achieve capital growth from low risk Shariah compliant Murabaha transactions. The fund will invest mainly in short term financial instruments with steady low risk profits and whuch represent high liquidity.
AlJazira Saudi Riyal Murabaha Fund
Latest Price NAV
USD
42.50
as of
6/Sep/23
Objective
Key Facts
Launch Date :
26/Nov/00
Asset Type :
Money MarketBase Currency :
Saudi Arabian RiyalTotal Net Asset (USD M) :
392.45
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
2.21
5 Yrs Performance
2.27
10 Yrs Performance
1.97
Top Holdings
1.
Deposits with Banque Saudi Fransi
22.87
%
2.
Deposits with First Abu Dhabi Bank
19.46
%
3.
Deposits with Boubyan Bank
9.66
%
4.
Deposits with Al Rajhi Bank
8.4
%
5.
Deposits with Qatar National Bank
8.26
%
6.
Deposits with Al-Jazira Bank
5.51
%
7.
Alinma Saudi Riyal Liquidity Fund
5.13
%
8.
Alfa Murabaha Fund
4.65
%
9.
Deposits with the Arab Bank
4.13
%
10.
Deposits with Emirates NBD Bank
2.76
%
Portfolio Composition
1.
Kingdom Saudi Arabia
50.72
%
2.
United Arab Emirates
22.22
%
3.
Kuwait
12.41
%
4.
Qatar
8.26
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
0.75
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:
BAJ
Website :
www.aljaziracapital.com.sa