Fund Objective
• To create relatively higher returns for investors by
  investing in a diversified and risk-controlled manner
  in Sharia Compliant Companies that are listed on
  the Kuwait Stock Exchange.

Fund Strategy
• The Fund's assets will be invested mainly in stocks
   listed on the Kuwait Stock Exchange.
• The Fund may invest in large cap as well as medium
   cap Companies.
• The Fund will invest in Sharia Compliant Companies
   that fit the following criteria
• Steady growth in revenues
• Strong operational income Fund Objective
• Strong balance sheets Fund Objective
• Attractive P/E & P/BV ratios  

  Fund Description 
• Life of the Fund is 10 years
• Capital range of KD 5 Million to KD 100 Million
• Minimum subscription 500 Units;
  Maximum subscription 50%
  of the total number of issued units.

 Client Assurance
• CBK will maintain a minimum 5% investment
  in the Fund at all times.
 

 Fees
• Subscription fees 1.00%
• Redemption fees 0.25%
• Management fees 1.50%
• Custody fees 0.125%
 

• Subscription applications can be submitted up to Thursday (NAV Day) not later than 1p.m.

• Redemption applications must be submitted 7 working days prior to NAV Day.  
 

 Target Clients
• The Fund is open to all Kuwaiti nationals,
  Expatriates, Corporations and Institutions. 
 

Benchmark
Al-Madar Islamic Index