Fund Objective
To provide capital appreciation and income through investing primarily in listed and unlisted equities in the services and telecommunications sectors in Kuwait and the Arab region, which abide by Islamic Sharia.
Fund Features
Only sharia compliant fund in Kuwait that invests across a broad spectrum of services. Due to the nature of its investment universe and our selection criteria, the fund usually demonstrates defensive traits and offers good diversification benefits in an otherwise pro cyclical macro environment. The fund historically has offered generous cash dividends to its unit holders and has a diversified shareholder base including corporates and retail investors.
Top 5 Holdings
Etihad Etisalat Co.
Saudi Telecom Co.
Dr. Sulaiman Al Habib Medical Services Group
Agility Public Warehousing
Abu Dhabi National Oil Company for Distribution PJSC