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Boubyan KD Money Market Fund II

Fund Objective

The fund aims to generate competitive Shari'a compliant returns on the money invested.


Executive Committee

  1. Badria Hamad Al Humaidhi
  2. Hadi Oussama Salame
  3. Asok Kumar Ayinikkal
  4. Ali Habeeb Atesh




Net Asset Value (NAV): KD 1.06878

Performance (as of 18-Feb-2020)
Annualized Return Since Inception 1.940%
Annualized YTD Return 2.568%
One-Week Annualized Return 2.450%


Fund Facts

Fund structure Open-ended
Fund type Money market fund
Currency Kuwaiti Dinar
Liquidity Weekly
Capital Variable (from KD 5 million to 1.5 billion)
Minimum subscription KD 10,000 with any additional amount thereafter
Subscription fees None
Redemption fees None
Management fees Up to 1% of the Net Asset Value
Performance fees None
Fund manager Boubyan Capital Investment Company K.S.C.C.
Distributor Boubyan Bank K.S.C.
Custodian & investment controller Gulf Custody Company K.S.C.C.
Shari'a auditor Legitimate Audit House Company K.S.C.C.
Auditor KPMG Safi Al-Mutawa & Partners


Fund Strategy

The fund will invest in short and medium term Shari'a compliant instruments, Wakalah and Murabaha deposits with banks, and high quality government and/or corporate Sukuk. The fund may also invest in other investment funds that have a similar investment objective.

Why invest in the Boubyan KD Money Market Fund II?

  • Potential returns higher than one month KD fixed deposit rate.
  • High quality and low risk investments.
  • Flexible online subscriptions and redemptions
  • Weekly liquidity


Monthly Report
Subscription Form
Articles of Association