Al Dawli Invest Islamic
KD Money Market Fund
Fund Objectives & Strategy
Al Dawli Invest Islamic KD Money Market Fund aims to deliver competitive returns by investing in highly liquid short and medium-term money market instruments that adhere to Islamic Shariah principles. The Fund seeks to maximize yield, while prioritizing capital preservation by allocating assets to term deposits held with local banks.
Additionally, the Fund may invest in other Shariah-compliant Money Market funds with similar objectives, provided their methodologies are aligned with the investment strategy and controls outlined in the Articles of Association. All investments are reviewed and approved by the Fund’s External Shariah Auditor to ensure compliance with Islamic Shariah principles.
Fund Features
Competitive Returns
Achieve more with your income through competitive returns and expert management. Our tailored approach ensures steady, secure, and sustainable income growth, helping you build a stronger financial future.
Minimum Subscription
Our fund offers an accessible entry point with a low minimum investment, making it an inclusive choice for investors seeking professional fund management and consistent growth opportunities.
Weekly Liquidity
Invest with confidence and flexibility, enjoying the convenience of weekly liquidity providing you with seamless access to your investment whenever you need it.
Low Risk
Our low-risk fund provides stability and consistent returns, offering an ideal solution for protecting and growing your investment with confidence.
Shariah-Compliant
Investing in our Shariah-compliant fund ensures your wealth grows conservatively, adhering to ethical standards and Islamic principles.
Low Fees
Invest with zero subscription/redemption fees, and low management fees, thus providing you with a cost-efficient path to growing your wealth.
Fund Facts
Inception Date
2 February 2025
Currency
Kuwait Dinar
Subscription fees
None
Fund Manager
Al Dawli Invest Investment Co.
Risk Characterization
Low Risk
Redemption fees
None
Asset Class
Money Market
Subscription & Redemption
Weekly
Management fees
Up to 0.50%
Fund Structure
Open-ended
Minimum Subscription
KD 1,000
Registrar
Kuwait Clearing Co.
External Auditor
Grant Thornton
Custodian & Inv. Controller
Kuwait Clearing Co.
Fund Regulator
Capital Markets Authority
Shariah Auditor
Almashoura & Alraya
Fund Performance
Asset Allocation
Annualized Return
Net Asset Value [NAV]
Fund Fact Sheet Disclaimer
Performance data and other information contained herein are unaudited and have been prepared for promotional purposes. Investments involve inherent risks and therefore, past performance does not guarantee future return. No substantial information has been omitted for the purpose of this factsheet, and it does not seek to make any investment recommendations to investors. The value of units of the fund can go up or down due to market conditions, as well as economic or political factors among others. The fund may not be suitable for all investors receiving the promotional document. Potential investors considering an investment in the fund should carefully review the articles of association and supporting documents available at KIB Invest's official website www.kibinvest.com, as well as consulting their wealth advisor.