Fund Objective

To provide capital appreciation and income to its investor by investing in Kuwaiti, Arab and GCC Sharia compliant listed and unlisted equities in the industrial and petroleum service sectors.

Fund Features

Only sharia compliant fund in Kuwait that invests across a broad spectrum of basic material and industrial companies in the GCC markets. The fund offers prospect of high returns commensurate with its risk profile as the constituents operate in cyclical and macro sensitive sectors. The fund targets blue chip companies that are strategically important to GCC economies and takes advantage of cyclical upturns in the economy.

Top 5 Holdings

Saudi Arabian Oil Co

Industries Qatar

SABIC Agri-Nutrients Co.

Saudi Arabian Mining Co.

Saudi Basic Industries Corp.

Sector Distribution

Geographical Distribution


How To Subscribe And Redeem

You are able to print the applications of subscription and redemption from the website and submit them along with a copy of the required documents via email CRM@nic.com.kw

Or you can visit the company with the required documents at the following address.

Fund Name

Mawarid Industrial and Petroleum Services Fund
Subscription and Redemption
Monthly Subscription / Redemption Fee = 0.5%
Fund Manager
National Investments Company
Management Fee
1% per annum
Term of the Fund
10 years, renewable
Performance Fee
Only 20% of the amount by which the annualized rate of return exceeds 10%
Fund Capital
KWD 5 to 100 million
Net Asset Value
Calculated on the last trading day of every month
Paid Up Capital
KWD 7,325,898
Quarterly or Annually
Asset Value
KWD 4,892,807
Kuwait Clearing Company K.S.C
Base Currency
Kuwaiti Dinar
Custodian & Investment Controller
Kuwait Clearing Company K.S.C
Nominal Value
KWD 1.000
Minimum Investment
10,000 Units with increments of 1000 units
Khaled Hasan Ibrahim Alahmed-ALSOOR Certified Public
External Shari’a Auditor

Osol for Sharia Advisory