Al BADR Murabaha Fund US Dollars

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  • Rate
    4.90
1.7742
NAV (Feb 15, 2024)
+5.49%
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NAV (Feb 15, 2024)
Historical NAV
%
NO DATA FOUND
  • 7D
  • 1M
  • 3M
  • YTD
  • 1Y
  • 3Y
  • 5Y
  • ALL
Fund Returns
Last 1Y
1.33%
YTD
1.52%
Last 3Y
0.9%
Last 3 months
2.06%
Last 5Y
1.15%
CAGR Month 6

About Al BADR Murabaha Fund US Dollars

Investment Objective

Al BADR Murabaha Fund US Dollars is a Sharia-compliant mutual fund in Saudi Arabia. It was established with the aim to gain profits by making investments in financial instruments that are based on Islamic laws. The fund is registered by the Shariah board for being a Shariah-compliant fund.

As the fund comes with low risk, it is perfect for individuals who wish to invest in mutual funds but doesn’t want to take significant risks. These risk-averse investors prefer to get secure yields on their investments and cannot tolerate huge risks. Also, these traders don’t want to invest in equities as they come with great risk.

This open-ended fund makes investments in financial securities that are in accordance with Islamic laws but are not restricted to the Mudarabah agreement. The fund managers ensure not to invest in such securities that are not certified by Shariah Committee. Though the fund charges 0.50% as the management fee, it doesn’t charge any subscription fees from investors.

Expense Ratio
0.48%
Asset Class
Money Market
Fund Type
Open
Fund Currency
USD
Shariah Compliant
YES
Fund Objective
Capital Preservation
Risk Level
Low
Minimum Subscription
1000
Subscription charges
0%
Management fees
0.5%
Leverage
0%
Launched Date
2010/09/30

Fund Managers

Saudi Fransi Capital
Fund Manager

FAQs about Al BADR Murabaha Fund US Dollars

What Kind of Returns does Al BADR Murabaha Fund in US Dollars?

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Al BADR Murabaha Fund US Dollars is known for providing 2.16% returns since its inception. However, one must assess their risk appetite before moving ahead.

How risky is the Al BADR Murabaha Fund US Dollars?

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Al BADR Murabaha Fund US Dollars is a low-risk fund which implies that the fund is perfect for such people who wish to secure their funds.

What is the minimum amount fixed to invest in the Al BADR Murabaha Fund US Dollars?

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The minimum amount specified for investing in the Al BADR Murabaha Fund US Dollars is USD 1000. This value is fixed to keep sufficient funds to avoid any impact on cash flows.

What is the Annual Management Fee of Al BADR Murabaha Fund US Dollars?

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0.50% is the annual management cost of Al BADR Murabaha Fund US Dollars. This value is taken to meet the payment requirements of the money managers.

What type of fund is Al BADR Murabaha Fund US Dollars?

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Al BADR Murabaha Fund US Dollars is an open-ended fund. This states that the fund is transparent, which helps investors keep an eye on the movement of the funds and make wise decisions.

Who manages the Al BADR Murabaha Fund US Dollars?

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Al BADR Murabaha Fund US Dollars is handled by Saudi Fransi Capital. The organization has marked its position in Saudi Arabia for offering investment services.

What is the Al BADR Murabaha Fund US Dollars Goal?

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Al BADR Murabaha Fund US Dollars’s motive is to gain capital appreciation by investing in Sharia-compliant securities and options.

What is the expense ratio of the Al BADR Murabaha Fund US Dollars?

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The expense ratio of the Al BADR Murabaha Fund US Dollars is 0.48%. This value is inclusive of numerous charges required for running the fund.

Investment Calculator
SAR 5000 per month
Over the past
  • Total Investment of (SAR)
    0
Would have become (SAR)
0 (0%)

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