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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

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