Boubyan USD Liquidity Fund
As of 28/7/2015, the par value of the fund’s units have been adjusted from USD100/unit to USD10/unit. This change did not affect total value.
Fund Objective
Providing Shariah-Compliant competitive returns as the Fund seeks to increase the Net Asset Value while realizing a high liquidity level.
Executive Committee
- Badria Hamad Al Humaidhi
- Asok Kumar Ayinikkal
- Ali Habeeb Atesh
- Mohammad Mane Alajmi
Net Asset Value (NAV): USD 10.9767
| Performance (as of 27-Sep-2022) | |
| Annualized 1 Week Return | 1.850% |
| Annualized 1 Month Return | 1.713% |
| Annualized 3 Months Return | 1.470% |
| Annualized 6 Months Return | 1.155% |
| Annualized YTD Return | 0.976% |
| Annualized Return Since Inception (22/05/2014) | 1.153% |
| Cumulative YTD Return | 0.732% |
| Cumulative 1 Year Return | 0.870% |
| Cumulative 2 Years Return | 1.414% |
| Cumulative 3 Years Return | 3.123% |
| Cumulative 5 Years Return | 7.077% |
| Cumulative Return Since Inception (22/05/2014) | 9.767% |
Monthly Report
Subscription Form
Articles of Association
Fund Strategy
The fund will invest in short and medium term Shariah-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 USD Liquidity Fund?
- Potential returns higher than one month USD fixed deposit rate.
- High quality and low risk investments.
- Flexible online subscriptions and redemptions
- Weekly liquidity
Fund Facts
| Fund structure | Open-ended |
| Currency | US Dollar |
| Capital | Variable (from USD 18 million to 360 million) |
| Minimum subscription | USD 1,000 |
| Subscription fees | None |
| Management fees | Up to 1% per annum |
| Fund manager | Boubyan Capital Investment Company K.S.C.C. |
| Promoter | Boubyan Bank K.S.C. |
| Custodian & investment controller | Gulf Custody Company K.S.C.C. |
| Shari'a auditor | Al-Mashora & Al-Raya for Islamic Financial Consulting |
| Auditor | Ernst & Young |