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Saudi Riyal Murabaha Fund

Alawwal SAR Murabaha Fund is an open-ended investment fund that began operating in 1/4/2009 Size of Fund Assets 25,000,000 SAR. It offers subscribers to collectively share net assets and fund returns through investing in short to medium investment schemes, based on collective investment plans dedicated to liquidity management consisting of:

  • Murabaha transaction deals to finance the sale and purchase of local and international goods.
  • Murabaha Fund units based in the local market.
  • Islamic Investment Sukuk.

What makes Alawwal SAR Murabaha Fund stand out is the diverseareas of investment, which achieves balance within the Fund with a reduced

Risk of direct funding. The Fund also provides investors with high liquidity upon request.

Subscription Request

Date of inception

01/04/2009

Type of investment

Short-term investment

Minimum Initial Subscription

SAR 10,000

Minimum Subscription Amount

SAR 5,000

Valuation Days

Sunday & Tuesday of every week

Redemption Requests

On business day

IPO Unit Price

SIBOR 3 Month

  • In 2012, Alawwal Murabaha Fund closed outranking all local Murabaha funds, and coming first place in performance, with a standard performance rate of 1.77% as a result of the balanced investment policy adopted by the Fund management.
  • Alawwal Murabahat fund was named the best Islamic Fund for commerce finance in Saudi Arabia for the year 2012, according to Zawya’s yearly evaluation of investment funds.