Itqan Fund for Murabahat and Sukuk

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  • Rate
    4.90
14.019
NAV (Feb 15, 2024)
+3.59%
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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
N/A
YTD
3.09%
Last 3Y
N/A
Last 3 months
N/A
Last 5Y
N/A
CAGR Month 6

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
0%
Management fees
0.25%
Leverage
0%
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?

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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?

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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?

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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.

What is the annual management fee of the Itqan Fund for Murabahat and Sukuk?

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The annual management fee of the Itqan Fund for Murabahat and Sukuk is 0.25%. Investors must pay this value to gain access to expert services.

What is the Fund Type of Itqan Fund for Murabahat and Sukuk?

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Itqan Fund for Murabahat and Sukuk is an open-ended fund making it a diversified fund. This implies that the fund invests in a variety of securities.

Who manages the Itqan Fund for Murabahat and Sukuk?

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Itqan Fund for Murabahat and Sukuk is managed by ITQAN Capital. This firm is recognized in the region for providing exceptional services.

What is the Itqan Fund for Murabahat and Sukuk's Goal?

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The primary goal of the Itqan Fund for Murabahat and Sukuk is to offer Capital preservation and seamless liquidity to its shareholders.

What is the expense ratio of the Itqan Fund for Murabahat and Sukuk?

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The expense ratio of the Itqan Fund for Murabahat and Sukuk is 0.57%. This is the annual charge demanded by investors when investing in this 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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