AR | Currency | |
|---|---|
| Type | Shariaa Compliant |
| Investment Manager | |
| Issuer | |
| Outlook | |
| Redemption Frequency | Daily |
| Risk Type | |
| Subscription Frequency | |
| Minimum Subscription | 10000 |
| Subscription Fees | 0 |
| Redemption Fees | 0 |
ADIB Egypt shari’a compliant money market fund with daily cumulative return
304.42EGP
ADIB fund invests in sharia compliant money market instruments such as time deposits in islamic banks, sukuk, treasury bills and other islamic funds
Past Performance
Year to Date
19.33%
1 Year
19.49%
5 Years
74.87%
Since Inception
204.42%
Inception Date
06-Nov-14
Last Price Date
22-Dec-24
Investment Strategy
ADIB Egypt sharia compliant money market fund with daily cumulative return. Invests upto 80% in Time Deposits in Islamic Banks, 10-30% T-Bills, upto 40% certificates in similar funds, upto 49% corporate and government sukuk
Fund Objective
Capital Preservation at highest liquidity and maximum returns with low risk.
