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The Fund is an open-ended Investment Fund with the aim to achieve, over the medium to long-term, capital growth by investing in a diversified portfolio of companies that are compliant with the Shariah Criteria that has been set forth by the SCC of the Fund (details of the screening are stated in these Terms and Conditions) and are listed on the different Stocks Markets of countries that are members of the Gulf Gooperation Council ( GCC). The Fund Manager may choose to invest excess cash of the Fund in short-term Shariah-compliant Money Market instruments. The Fund is an income accumulation Fund whereby its income will be reinvested and not distributed to the Unit Holders. The reinvestment of the Fund’s income will be reflected in the value and price of the Unit.
Name | Title | Since | Until |
---|---|---|---|
Mazin Baghdadi | - | 2007 | Now |
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