The Fund aims to obtain high returns with minimum risk, through investing in Companies listed on the Kuwait and GCC Markets and whose activities or dealings does not conflict with the regulations and controls of the Islamic Sharia. Further, to invest surplus funds in Murabaha with certified Islamic Banks and Institutions and ensuring that all transactions of the Fund are in compliance with the rules of the Islamic Sharia.
Tharwa Islamic
Latest Price NAV
USD
2.64
as of
7/Sep/23
Objective
Key Facts
Launch Date :
22/Jun/07
Asset Type :
EquityBase Currency :
Kuwait DinarTotal Net Asset (USD M) :
7.34
Benchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Retained
Total Expense Ratio % :
N.A
Geographical Focus :
GCC
Shariah Compliant
Shariah
Performance
3 Yrs Performance
12.18
5 Yrs Performance
3.19
10 Yrs Performance
-0.13
Top Holdings
1.
WARBABANK
14.29
%
2.
KFH
14.2
%
3.
SHIP
12.83
%
4.
INTEGRATED
12.21
%
5.
ALG
10.26
%
Portfolio Composition
1.
United Arab Emirates
100
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.75
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
0.25
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.25
Contact
Company Name:
Tharwa
Website :
www.tharwa.com