Objective

  • The objective of the fund is to realize capital and cash profits and pay dividends and cash profits in form of monthly payments by investing in a portfolio of real estate properties within the state of Kuwait, in compliance with the Islamic Shari'ah.

Strategy

  • Investing the Fund capital in purchasing and developing income generating and non-generating properties. The Fund shall also endeavor to invest in the real estate properties to which value can be added, in accordance with investment policy and risks in compliance with Islamic Shari'ah.

Features

  • Investment in Kuwaiti Dinars.

  • Subscription and redemption are monthly / bi-annually, respectively.

  • Shari'ah-compliant.

  • Historically distributed stable monthly cash returns of up to 5.8 fils per share per month since inception in 2002.

  • Invests in income generating real estate properties within the state of Kuwait.

  • Invested across a diverse real estate portfolio.

  • It has achieved 10.2% CAGR, making it the highest performing funds in its class.

Archive Data

Value Date NAV Fact Sheet
31/10/2018 1.36016424
30/09/2018 1.36144519
31/08/2018 1.36230943
31/07/2018 1.36330352
30/06/2018 1.36491088
31/05/2018 1.37232112
30/04/2018 1.37451329
31/03/2018 1.37594703
28/02/2018 1.37705267
31/01/2018 1.37920115

Value Date NAV Fact Sheet
31/12/2017 1.37796301
30/11/2017 1.3877831
30/09/2017 1.39166266
31/08/2017 1.3935165
31/07/2017 1.39515843
30/06/2017 1.39631166
31/05/2017 1.41311817
30/04/2017 1.41331332
31/03/2017 1.41500183
28/02/2017 1.4172939
31/01/2017 1.41866732

Value Date NAV Fact Sheet
31/12/2016 1.41983689
30/11/2016 1.42171528
31/10/2016 1.43768606
30/09/2016 1.43842907
31/08/2016 1.43853052
31/07/2016 1.44054106
30/06/2016 1.44265173
31/05/2016 1.44343745
30/04/2016 1.44841222
31/01/2016 1.44841222

Value Date NAV Fact Sheet
31/12/2015 1.4857249
30/11/2015 1.48820352
31/10/2015 1.5226432
30/09/2015 1.52398136
31/08/2015 1.52541911
31/07/2015 1.5277993
30/06/2015 1.52859853
31/05/2015 1.5293289
30/04/2015 1.53474673
31/03/2015 1.5393818
28/02/2015 1.53686552
31/01/2015 1.53702158

Value Date NAV Fact Sheet
31/12/2014 1.53830291
30/11/2014 1.53964615
31/10/2014 1.51663829
31/08/2014 1.51980934
31/07/2014 1.52063194
30/06/2014 1.52186935
31/05/2014 1.52350585
30/04/2014 1.44288822
31/03/2014 1.44361757
28/02/2014 1.44468264
31/01/2014 1.444

Value Date NAV Fact Sheet
31/12/2013 1.445
30/11/2013 1.446
31/10/2013 1.447
30/09/2013 1.448
31/08/2013 1.416
31/07/2013 1.418
30/06/2013 1.419
31/05/2013 1.42075482
30/04/2013 1.421
31/03/2013 1.423
28/02/2013 1.37463149

Value Date NAV Fact Sheet
31/12/2012 1.37438288
30/11/2012 1.37611073
31/10/2012 1.37717544
30/09/2012 1.37795531
31/08/2012 1.344
31/07/2012 1.344296
30/06/2012 1.368519
31/05/2012 1.369536
30/04/2012 1.37057
31/03/2012 1.371474
29/02/2012 1.337683
31/01/2012 1.337609

Value Date NAV Fact Sheet
31/12/2011 1.339
30/11/2011 1.3402555
30/09/2011 1.342
31/08/2011 1.337
31/07/2011 1.337
30/06/2011 1.339
31/05/2011 1.340319
30/04/2011 1.341
31/03/2011 1.342
28/02/2011 1.317
31/01/2011 1.318

Value Date NAV Fact Sheet
31/12/2010 1.319
30/11/2010 1.32
31/10/2010 1.321
30/09/2010 1.321
31/08/2010 1.323
31/07/2010 1.323
30/06/2010 1.326
31/05/2010 1.326
29/04/2010 1.327

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