The Management of the Fund actively seeks to maintain a reasonable differential return compared to the market rates by augmenting the quantum of assets under management that yield higher returns.
Fund Objective
To provide an ideal investment opportunity of a short and medium term nature in compliance with noble Islamic Sharia.
Fund Summary
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Net Asset Value : | Al-Muthanna Money Market Fund
First Investment Company KSC (closed), Kuwait
Burgan Bank, Kuwait
Al-Shall Economic Consultants
Ernst & Young, Kuwait
The Fund is established for 10 years (renewable)
Open ended
Min 5,000,000/- Max 50,000,000/-
KWD (Kuwaiti Dinar)
1,000 units
Weekly (Monday)
Weekly (Tuesday)
1%
Weekly (Monday) |
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