KWD 18.61 Million

Net assets

KWD 2.65

NAV/Unit*

9.82 %

Year to date

*as of 15 Sep 2022

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 18.61 Million

Net assets

KWD 2.65

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

  • KFH.KW
  • BOUK.KW
  • ZAIN.KW
  • AGLT.KW
  • AUBK.KW
  • Financial Services
    12.61%
  • Industrials
    26.49%
  • Unquoted
    2.20%
  • Basic Materials
    14.00%
  • Real Estate
    9.51%
  • Banking
    46.39%
  • Telcommunications
    12.79%
  • Consumer Discretionary
    3.31%

Resources

Markaz Islamic Fund - Factsheet as of 31 Aug 2022

Markaz Islamic Fund - Factsheet Archive

Markaz Islamic Fund - Articles of Association(A)

Markaz Islamic Fund - Subscription Form

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