KWD 15.27 Million

Net assets

KWD 2.34

NAV/Unit*

-4.39 %

Year to date

*as of 31 Aug 2023

Fund Objective

To obtain returns through investments in Islamic Sharia Equities in Boursa Kuwait

Fund Performance

Fund price performance

Rebased @1 KWD since inception

Keyfacts

KWD 15.27 Million

Net assets

KWD 2.34

NAV/Unit

Open-ended

Type

Kuwait Financial Centre K.P.S.C.

Fund manager

Oct 2003

Fund inception

1.50% of net fund income

Managerment Fees

0.50%

Subscription fees

0.50%

Redemption fees

100 Units

Min. Subscription

Weekly

Fund valuation

Gulf Custody Company

Custodian

RSM Albazie & Co.

Auditors

Portfolio

  • KFH.KW
  • BOUK.KW
  • ZAIN.KW
  • AUBK.KW
  • AGLT.KW
  • Financial Services
    16.93%
  • Industrials
    23.04%
  • Unquoted
    2.21%
  • Basic Materials
    10.67%
  • Real Estate
    9.93%
  • Banking
    55.81%
  • Telcommunications
    13.69%
  • Consumer Discretionary
    5.95%

Resources

Markaz Islamic Fund - Factsheet as of 31 Aug 2023

Markaz Islamic Fund - Factsheet Archive

Markaz Islamic Fund - Articles of Association(A)

Markaz Islamic Fund - Subscription Form

Markaz Islamic Fund Appendix to Articles of Association

Fund Executive Committee Members

Ghazi Al Osaimi

Fund executive committee member

Ghazi Al Osaimi

Ahmed Al Shalfan

Fund executive committee member

Ahmed Al Shalfan

Fahad Al Rushaid

Fund executive committee member

Fahad Al Rushaid

Abdullatif Al Nusif

Fund executive committee member

Abdullatif Al Nusif