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 US Dollar Murabaha Fund
Latest Price NAV
USD
15.85
as of
10/Sep/23
Objective
Key Facts
Launch Date :
5/Dec/98
Asset Type :
Money MarketBase Currency :
US DollarTotal Net Asset (USD M) :
20.35
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
United States of America
Shariah Compliant
Shariah
Performance
3 Yrs Performance
1.52
5 Yrs Performance
1.65
10 Yrs Performance
1.08
Top Holdings
1.
HSBC SAR Murabaha Fund
3.99
%
2.
Ahli United Bank
2.66
%
3.
Ajman Bank
2.22
%
4.
Ahli United Bank
2.22
%
5.
Arab Banking Corporation BSC
2.22
%
6.
National Bank of Kuwait-KSA
2.22
%
7.
Arab Banking Corporation BSC
2.22
%
8.
Ajman Bank
2.22
%
9.
Ajman Bank
2.22
%
10.
Ahli United Bank
2.21
%
Portfolio Composition
1.
KSA
43.75
%
2.
Bahrain
38.71
%
3.
United Arab Emirates
17.54
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.75
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
3
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Alawwal
Website :
www.alawwalcapital.com