Itqan Fund for Murabahat and Sukuk

No items found.
4.90

13.6645

NAV (Jun 6, 2023)

+3.13%

NAV (Jun 6, 2023)

Historical NAV

NAV (06 Jun 2023)

NO DATA FOUND

Fund Returns

Last 1Y

N/A

YTD

3.09%

Last 3Y

N/A

Last 3 months

N/A

Last 5Y

N/A

About Itqan Fund for Murabahat and Sukuk

Investment Objective

Itqan Fund for Murabahat and Sukuk is a well-known Shariah-compliant mutual fund that is based out of Saudi Arabia. Being managed by ITQAN Capital, the fund demands a minimal amount from traders for handling its portfolio. The investment managers are highly experienced and ensure to invest in several Shariah-compliant securities comprising Sukuk and Murabahah instruments.

This open-ended fund is appropriate for individuals seeking a Shariah-compliant investment solution that delivers consistent revenue and capital gain over time. The fund is suitable for traders wishing to broaden their investment holdings and decrease risk by investing in Sharia-compliant possibilities.

When it comes to investing, investors can begin investing in this fund with a minimum amount of SAR 5000. The fund managers have fixed this value to ensure the cash flow is not impacted. However, investors must know that they cannot invest any amount below the stated value. They must start their investment with the specified amount or any value above as per their budget.

Expense Ratio

0.57%

Asset Class

Money Market

Fund Type

Open

Fund Currency

SAR

Shariah Compliant

YES

Fund Objective

Growth

Risk Level

Low

Minimum Subscription

5000

Subscription charges

Management fees

0.25%

Leverage

Launched Date

2010/09/30

Fund Managers

Itqan Capital

Fund Manager

FAQs about Itqan Fund for Murabahat and Sukuk

What types of returns do you get from Itqan Fund for Murabahat and Sukuk?

Itqan Fund for Murabahat and Sukuk is known for offering outstanding returns on investments. Nevertheless, investors can gain income by investing for a shorter tenure.

How risky is the Itqan Fund for Murabahat and Sukuk?

Itqan Fund for Murabahat and Sukuk is a low-risk fund. This implies that the fund is best suited for people with low-risk appetites.

What is the minimum amount that you need to invest in the Itqan Fund for Murabahat and Sukuk?

The minimum amount required for investing in the Itqan Fund for Murabahat and Sukuk is SAR 5000. This amount describes the value with which investors can begin their investment.