Al Jazira Saudi Riyal Murabaha Fund

  • No items found.
  • Rate
    4.90
163.053
NAV (Feb 12, 2024)
+5.25%
Arrow Up Green
NAV (Feb 12, 2024)
Historical NAV
%
NO DATA FOUND
  • 7D
  • 1M
  • 3M
  • YTD
  • 1Y
  • 3Y
  • 5Y
  • ALL
Fund Returns
Last 1Y
1.56%
YTD
1.73%
Last 3Y
4.61%
Last 3 months
2.41%
Last 5Y
9.61%
CAGR Month 6

About Al Jazira Saudi Riyal Murabaha Fund

Investment Objective

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.

Expense Ratio
0.06%
Asset Class
Money Market
Fund Type
Open
Fund Currency
SAR
Shariah Compliant
YES
Fund Objective
Capital Preservation
Risk Level
Low
Minimum Subscription
2000
Subscription charges
0%
Management fees
15%
Leverage
0%
Launched Date
2010/09/30

Fund Managers

Aljazira Capital
Fund Manager

FAQs about Al Jazira Saudi Riyal Murabaha Fund

What Kind of Returns does Al Jazira Saudi Riyal Murabaha Fund offer?

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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.

How risky is the Al Jazira Saudi Riyal Murabaha Fund?

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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.

What is the minimum amount that you need to invest in the Al Jazira Saudi Riyal Murabaha Fund?

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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.

What is the average Annual Management Fee of Al Jazira Saudi Riyal Murabaha Fund?

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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.

What is the Fund Type of Al Jazira Saudi Riyal Murabaha Fund?

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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.

Who manages the Al Jazira Saudi Riyal Murabaha Fund?

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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.

What is the Al Jazira Saudi Riyal Murabaha Fund's Goal?

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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.

What is the expense ratio of the Al Jazira Saudi Riyal Murabaha Fund?

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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.

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

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