Calculation of Boubyan Capital Funds’ Zakat

Fund Name Zakat per Unit NAV
Boubyan KD Money Market Fund II KWD 0.0300 Deposits and Sukuk
Boubyan USD Liquidity Fund USD 0.2957 Deposits and Sukuk
Boubyan Multi Asset Holding Fund USD 0.274 Investment Funds
Islamic Income Generating Fund Zakat on profits Real Estate and Ijara Funds
Islamic Global Sukuk Fund USD 0.2605 Sukuk
Local and GCC Equity Fund KWD 0.0323 Equities
Fund Name Zakat per Unit NAV
Boubyan KD Money Market Fund II KWD 0.0289 Deposits and Sukuk
Boubyan USD Liquidity Fund USD 0.284 Deposits and Sukuk
Boubyan Multi Asset Holding Fund USD 0.250 Investment Funds
Islamic Income Generating Fund Zakat on profits Real Estate and Ijara Funds
Islamic Global Sukuk Fund USD 0.248 Sukuk
Local and GCC Equity Fund KWD 0.0297 Equities
Fund Name Zakat per Unit NAV
Boubyan KD Money Market Fund II KWD 0.028 Deposits and Sukuk
Boubyan USD Liquidity Fund USD 0.281 Deposits and Sukuk
Boubyan Multi Asset Holding Fund USD 0.279 Investment Funds
Islamic Income Generating Fund Zakat on profits Real Estate and Ijara Funds
Islamic Global Sukuk Fund USD 0.269 Sukuk
Local and GCC Equity Fund KWD 0.031 Equities
Fund Name Nature of Activity NAV Zakat per Unit
Boubyan KD Money Market Fund II Deposits and Sukuk KWD 1.08455 KWD 0.02795
Boubyan USD Liquidity Fund Deposits and Sukuk USD 10.8426 USD 0.2794
Boubyan Multi Asset Holding Fund Investment Funds USD 12.8568 USD 0.3313
Boubyan Kuwait Real Estate Fund (under liquidation) Real Estate KWD 1.01822 Zakat on profits
Islamic Income Generating Fund Real Estate and Ijara Funds KWD 1.00864 Zakat on profits
Islamic Global Sukuk Fund Sukuk USD 10.5661 USD 0.2724
Local and GCC Equity Fund Equities KWD 0.9818 KWD 0.02531
Fund Name Nature of Activity NAV Zakat per Unit
Boubyan KD Money Market Fund II Deposits and Sukuk KWD 1.06511 KWD 0.0274
Boubyan USD Liquidity Fund Deposits and Sukuk USD 10.7070 USD 0.275
Boubyan Multi Asset Holding Fund Investment Funds USD 11.9830 USD 0.308
Boubyan Kuwait Real Estate Fund Real Estate KWD 1.01051 Zakat on profits
Islamic Income Generating Fund Real Estate and Ijara Funds KWD 1.00875 Zakat on profits
Islamic Global Sukuk Fund Sukuk USD 9.9762 USD 0.257
Units
KWD Units x Zakat per unit = Zakat to be paid

Zakat is based on the profits amount