| Fund Information | |
|---|---|
| Fund Name | Mulkia Murabaha and Saving Fund. |
| Fund Category | Public open-end fund. |
| The risk level | Low risk. |
| The minimum subscription | 10,000 Saudi riyals. |
| Fund Objectives | Investment in this fund aims to preserve capital, provide liquidity, and achieve short-term growth in capital as a means of saving for multiple categories of investors who wish to save in the short term in exchange for obtaining returns through investment. |
| Other fees and expenses | a maximum of 0.50% annually of the net asset value. |
| Performance fee | There is no fee. |
| Subscription and redemption fees | There is no fee. |
| Types of securities in which the Fund will primarily invest | The Fund will primarily invest in money market deals, debt instruments, derivatives contracts, bank deposits, public money market fund units with a similar strategy, and public fixed-income debt instrument funds managed by institutions licensed and regulated by the Capital Market Authority. Or a similar supervisory body that is compatible with the Fund’s Sharia standards. |
| Dealing days | Daily - from Sunday to Thursday. |
| Unit price | 10 Saudi Riyals. |
| The indicative indicator | SAIBOR index, one month (Saudi Riyal). |
| The duration | Open-ended fund. |
| Expected returns | The fund targets returns exceeding the current SAIBOR rate, which is equivalent to 5.5% annually. |
| Year | Annual | Semi-annual |
|---|---|---|
| 2025 | view | |
| File Name | View | |
|---|---|---|
| 1 | Mulkia Murabaha and Saving Fund T&C | View |
