Launched by AlJazira Capital which is a renowned company in Saudi Arabia, Al Jazira Saudi Riyal Murabaha fund is a popular mutual fund that works in accordance with the principles of Islamic finance. AlJazira Capital has turned out to be the top-rated investment vehicle for traders looking for Shariah-compliant investment options in the region.
Investors investing in this fund get the advantage of gaining competitive returns while adhering to Islamic Finance. Anyone willing to invest in this fund can start their investment with the minimum amount. The fund has kept the minimum investment requirement low, making it accessible to a broad range of investors.
When it comes to investment, the fund invests in short-term Shariah-compliant equities and fixed-income securities released by the Saudi Arabian government. The fund has onboarded highly efficient fund managers who ensure to invest in a diversified portfolio of low-risk securities that generate decent returns for investors. Overall, the fund's investing approach, usage of the Murabaha structure, and limited minimum commitment make it an appealing alternative for investors seeking to invest in a diverse portfolio of superior short-term assets.
Al Jazira Saudi Riyal Murabaha Fund is known for offering exceptional returns on investments made by traders. However, they must analyze their budget before investing.
Al Jazira Saudi Riyal Murabaha Fund is a low-risk fund. This states that the fund doesn't expose the investors directly to the market.
The minimum amount required for investing in the Al Jazira Saudi Riyal Murabaha Fund is SAR 2000. This value is fixed by fund managers taking into account several factors.
The annual management cost of Al Jazira Saudi Riyal Murabaha Fund is 15%. As the fee s very high, investors must analyze their budget and expenses before moving ahead with the investment.
Al Jazira Saudi Riyal Murabaha Fund is an open-ended fund. This states that investors get a free hand for redeeming the fund's units.
Al Jazira Saudi Riyal Murabaha Fund is managed by Aljazira Capital. The firm has received a license from the capital market authority for offering investment services.
The fundamental goal of Al Jazira Saudi Riyal Murabaha Fund is to gain wealth appreciation in the long run by investing in Shariah-compliant equities.
The expense ratio of the Al Jazira Saudi Riyal Murabaha Fund is 0.06%. Hence, investors require to pay this amount on an annual basis.