Al Rajhi Sukuk Fund

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  • Rate
    4.90
NAV (Feb 3, 2023)
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NAV (Feb 3, 2023)
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NAV (Feb 3, 2023)
+0.75%
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About Al Rajhi Sukuk Fund

Investment Objective

Al Rajhi Sukuk Fund was launched on 14th September 2014 with the aim of helping traders grow their capital by investing in equities based on Shariah guidelines and permitted by Al Rajhi Financial in the mid-long run. This comprises money market funds, debt instruments, and more. The fund operations and activities are managed and administered by Al Rajhi Capital. 

The fund managers are responsible for handling all the activities of the fund and making the investment on the client’s behalf. They remain up to date with the latest market developments and possess detailed knowledge about the stock market in Saudi Arabia. Hence, they make sure to invest in such equities and securities that offer desirable returns in the long tenure. 

The fund is valued bimonthly. Similarly, the announcement for the fund is made bimonthly. With a management fee of 0.5%, this Al Rajhi fund demands its traders to pay a certain amount to the fund managers who handle their portfolios on their behalf. Also, they can start their investment with a minimum amount of 100,000 SAR.

Expense Ratio
%
Asset Class
Fund Type
Open
Fund Currency
Shariah Compliant
Fund Objective
Risk Level
Minimum Subscription
Subscription charges
Management fees
Leverage
Launched Date
2010/09/30

Fund Managers

Al Rajhi Capital
Fund Manager

FAQs about Al Rajhi Sukuk Fund

What Kind of Returns does Al Rajhi Sukuk Fund?

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Al Rajhi Sukuk Fund offers higher returns on the investment made by the investors. However, the investors must go through the fund’s performance before investing.

How risky is the Al Rajhi Sukuk Fund?

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Al Rajhi Sukuk Fund is a medium-risk fund which implies that it is the perfect fund for diversifying your account.

What minimum amount do you need to invest in the Al Rajhi Sukuk Fund?

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The minimum amount required for investing in the Al Rajhi Sukuk Fund is 100,000 SAR. Since the minimum amount is set high, the investors must see their budget before investing in the fund.

What is the average Annual Management Fee of the Al Rajhi Sukuk Fund?

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The annual management cost of the Al Rajhi Sukuk Fund is 0.5%. This amount is deducted from the investor’s profit to make the payment to the fund managers.

What is the Fund Type of the Al Rajhi Sukuk Fund?

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Al Rajhi Sukuk Fund is an open-ended fund. This states that the fund’s unit can be bought on any working day without any restriction.

Who manages the Al Rajhi Sukuk Fund?

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Al Rajhi Sukuk Fund is managed by Al Rajhi Capital. The company is a famous asset management firm in Saudi Arabia.

What is the Al Rajhi Sukuk Fund's Goal?

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The primary objective of the Al Rajhi Sukuk Fund is to assist investors in growing their capital in the mid-long run in the Middle East by investing in equities that are Shariah-compliant.

What is the expense ratio of the Al Rajhi Sukuk Fund?

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The expense ratio of the Al Rajhi Sukuk Fund is 0.16%. This ratio is the yearly maintenance cost charged by the fund to cover its expenses.

Investment Calculator

SAR 5000 per month
Over the past

Total Investment of (SAR) 0
Would have become (SAR)
0 (0%)

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