Kamco SAR Murabaha Fund

Fund Summary

Fund Structure: 
Open Ended
Launch Date: 
Nov, 2024
Domicile: 
Saudi Arabia
Geographic Focus: 
Saudi Arabia and GCC
Currency: 
Saudi Riyal (SAR)
NAV Frequency: 
Daily
Benchmark: 
3M SAIBOR
Fund Manager: 
Kamco Investment Company
Custodian: 
HSBC Saudi Arabia Limited
Auditors: 
Ernst & Young
Regulator: 
Capital Market Authority - Saudi Arabia
Sharia Advisory: 
Shariyah Review Bureau

Fund Objective & Strategy

As an open-ended investment fund, this fund aims to generate continuous income by providing liquidity and maintaining capital. This is done by offering short-term Murabaha and contracts in low-risk money markets, which are Shariah-compliant. The Fund strives to achieve competitive profits compared to traditional money market instruments, while maintaining low levels of risk and ensuring a high degree of capital protection, in addition to providing liquidity Avoid any potential risks related to exchange rate fluctuations. All profits realized are also reinvested within the fund, which contributes to increasing the value of its units.

Net Asset Value (NAV)

NAV Date: 
12 February 2025
Fund NAV: 
10.0378

Factsheet

Fund Material