The investment objective of the Fund is to achieve a competitive return by investing in short and medium term, Sharia compliant instrument that are available in the financial market, such as murabaha transactions (cost plus financing) and Ijara. The Fund may also invest in other investment funds that have the same investment objective. All instruments in which the Fund invests must comply with Islamic Shariah as determined by the Fund Company's Shariah Board. The Fund will seek to increase its Net Asset Value while achieving a high level of liquidity by investing in high-quality instruments.
Annualized Return Since Inception