YAQEEN SAR Murabaha Fund

The fund manager's investments are concentrated in stock market instruments such as deposits, Murabaha contracts, and Ijarah in the Kingdom of Saudi Arabia, at a rate of 50% to 100% of the fund's net assets, and the currency is according to the issuer.

مقتبس من البند 4 (2)

The fund manager's investments are concentrated in stock market instruments such as deposits, Murabaha contracts, and Ijarah in the Kingdom of Saudi Arabia, at a rate of 50% to 100% of the fund's net assets, and the currency is according to the issuer.

مقتبس من البند 4 (2)

The fund manager relies on the internal classification by investing with institutions that have a good reputation, sound financial position and low risk in the Kingdom of Saudi Arabia, licensed by the Capital Market Authority and/or the Central Bank (SAMA), provided that its percentage does not exceed 25% with one entity.

مقتبس من البند 4 (2)

The fund manager may invest up to 50% of the fund’s net asset value in similar and low-risk funds, provided that they are publicly offered and licensed by the Capital Market Authority and managed by the fund manager or other fund managers, and the funds’ currency is according to the issuer.

مقتبس من البند 5 (2)

The fund manager has the right to invest up to 25% of the fund's net assets in sukuk in the markets of the Kingdom of Saudi Arabia, according to the opportunities available for sukuk and the currency according to the issuer of sukuk.

مقتبس من البند 5 (2)

The fund manager may invest up to 30% of the fund's net asset value in stock market instruments such as deposits, Murabaha contracts and Ijarah in the Gulf countries except any country that is prohibited to deal with by the Saudi government.

مقتبس من البند 5 (2)

Stock market instruments and stock market funds such as deposits, 50% 100% Murabaha contracts, and Ijarah in the Kingdom of Saudi Arabia

مقتبس من البند 5 (2)

Stock market instruments and stock market funds such as deposits, 50% 100% Murabaha contracts, and Ijarah in the Kingdom of Saudi Arabia

مقتبس من البند 5 (2)

Sukuk issued in the Kingdom of Saudi Arabia 0% 25%

مقتبس من البند 5 (2)

Sukuk issued in the Kingdom of Saudi Arabia 0% 25%

مقتبس من البند 5 (2)

Stock market instruments such as deposits, Murabaha contracts and Ijarah 0% 30% in the Gulf countries except any country that is prohibited to deal with by the Saudi government

مقتبس من البند 5 (2)

The percentage of investments that are not directly assigned a credit rating shall not exceed 20% of the Fund’s net asset value (NAV), provided that such investments are issued by entities holding an approved credit rating.

مقتبس من البند 5 (2)

The Fund will not invest in securities other than the securities mentioned in these terms and conditions.

مقتبس من البند 6 (2)

The Fund Manager shall abide by the investment restrictions stipulated in the Investment Funds Regulations and other regulations issued by the Capital Market Authority, and the Fund will not invest in any securities that do not comply with the standards Sharia approved by the Sharia Supervisory Board of the Fund.

مقتبس من البند 6 (2)

In the case of investing in other similar funds, whether they are managed by the same fund manager or other fund managers, the currency will be according to the currency of the invested fund, and it will not exceed 20% of the net asset value of the invested fund.

مقتبس من البند 6 (2)

The fund manager may borrow provided that the size of the borrowing does not exceed 10% of the net asset value of the fund and the loan period does not exceed one year.

مقتبس من البند 6 (2)

Subject to Sharia controls in all fund operations, the fund will not invest in financial derivatives.

مقتبس من البند 6 (2)

The fund manager shall abide by the restrictions that apply to the fund contained in the investment funds regulations, the terms and conditions of the fund, the fund’s Sharia board controls.

مقتبس من البند 9 (3)

Yaqeen is not obligated to implement redemption requests for more than 10% of the fund's net asset value on any trading day.

مقتبس من البند 3 (5)

Redemption requests that are postponed are selected based on the priority and redemption volume, whereby the fund manager implements the first received redemption requests, which are less than 10 million Saudi riyals, within the limits of 10% of the net asset value of the fund.

مقتبس من البند 3 (5)

The Fund Manager does not allow the transfer of ownership of units to other investors.

مقتبس من البند 3 (5)

The Fund Manager will not distribute any profits to the subscribers, as the profits will be reinvested in the Fund.

مقتبس من البند 12 (4)

Derivatives will not be invested in securities.

مقتبس من البند 5 (13)