Securities

HSBC Murabaha Funds

The Murabaha Funds are designed to provide individual and corporate investors an opportunity to invest on a Shariah compatible basis in non-interest baring investments. Each fund is an open-ended collective investment scheme, incorporated by an agreement between the Mutual Funds Department, that is the Investment Management Division of HSBC and investors.

Fund's Objective:

The Fund's objective is to achieve competitive returns at minimal risk, to strictly adhere to Shariah compatible commodity trading and interest-free financing models, as well as to enable investors to access their investment, if required, at short notice.

Investment Policy and Asset Allocation:

Funds assets are invested in well-diversified low-risk commodity trading with local and internationally reputable clients who have sound financial backing. 

Fund Type Open Ended
Base Currency Saudi Riyals
Minimum Initial Subscription SAR 5,000
Minimum Additional Subscription / Redemptio SAR 2,500
Valuation Daily (Except Friday & Saturday)
Cut off time for Subscription & Redemption Before Close of Business
Redemption Payout Two days after valuation day
Start Date 05 December 1998
Launch Price SAR 10

  

Fund's Objective:

The Fund's objective is to achieve competitive returns at minimal risk, to strictly adhere to Shariah compatible commodity trading and interest-free financing models, as well as to enable investors to access their investment, if required, at short notice.

Investment Policy & Asset Allocation:

Funds assets are invested in well-diversified low-risk commodity trading with local and internationally reputable clients who have sound financial backing.

Fund Type Open Ended
Base Currency US Dollars
Minimum Initial Subscription USD 2,000
Minimum Additional Subscription / Redemptio USD 1,000
Valuation Daily (Except Friday & Saturday)
Cut off time for Subscription & Redemption Before Close of Business
Redemption Payout Two days after valuation day
Start Date 05 December 1998
Launch Price USD 10