Al Nokhba Fund

Al Dar Real Estate Fund
  • Excellent mean to invest in shares of companies compatible with the Islamic Shariah
  • Return exceeding the Islamic index
  • Monthly Subscription & redemption
  • The Fund aims at increasing the investor's capital by investing capital in shares of listed and un-listed companies in the stock market inside the State of Kuwait, GCC and the Arab countries according to what is deemed appropriate by the Fund Manager in order to realize good returns to subscribers, in addition to investing the surplus of money available in the appropriate financial investment tools that do not entail any financial purposes. All the Fund activities shall be carried out according to the provisions of the Islamic Shariah.

    Date of Establishment : 03 October 2007
    Type of Fund : Variable
    Currency : Kuwaiti Dinar
    Authorized Capital : From 5 to 50 million Kuwaiti Dinars
    Fund Manager : Al Dar Asset Management Company
    Fund duration : 10 years
    Investment Trustee : Gulf Custody Company

  • Subscription
    Right of subscription : Open for all categories and nationalities inside the State of Kuwait and abroad
    Subscription : Monthly
    Minimum Subscription : 1,000 units and its multiples
    Subscription Fees : To be determined by the Fund Manager
    Evaluation : Monthly
    Management Fees : 1% annually
    Redemption : Monthly
    Minimum Redemption : 11,000 units and its multiples
    Redemption Fees : 0.5%
As on : 31/05/2015
  • Net asset value
  • Return since inception
  • Yearly return till date
  • Monthly Return till date