Invest in the fund
How this fund is managed
The fund is managed under a Wakalah (agency) arrangement. The manager acts as your agent for an agreed management fee, against a target return.
- Your role
- Principal (Muwakkil)
- The manager’s role
- Agent (Wakil)
- Return basis
- Management fee
- Screening
- Holdings are screened against AAOIFI Shari’ah Standard 21.
Any incidental non-permissible income is purified by the fund before the unit price is struck. No action is required from you, and no separate amount is payable.
Some Shari’ah determinations for this fund are pending final confirmation by the Shari’ah Supervisory Board.
Your subscription
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Sign in to continueWhat happens next
- 1Received — We acknowledge your request immediately, with a reference.
- 2Accepted for dealing — Your request joins the next dealing day.
- 3Priced — Units are allotted at the price struck that day.
- 4Settled — Your units appear in your holdings.