Dinar US Equity Fund
177002 · Public fund · 63 clauses read
Every limit below quotes the sentence it came from, in the document's own language. Nothing here has been approved, and no figure was generated — each one was read from the published terms and can be checked against them.
Money Market Funds & Trades %0 10%
Quoted from clause 2 (2)
Money Market Funds & Trades %0 10%
Quoted from clause 2 (2)
If the Fund Manager deems that market or economic conditions are not ideal or suitable for investment, the Fund Manager may invest up to 100% of the Fund's assets on a temporary basis such as cash or money market transactions.
Quoted from clause 2 (2)
The Fund will not invest in any counterparty that does not have a credit rating.
Quoted from clause 2 (2)
Within the scope of money market transaction investments, the Fund is not allowed to invest in any instruments or counterparties that do not have a credit rating.
Quoted from clause 2 (2)
The fund will not invest in securities derivatives.
Quoted from clause 2 (3)
The Fund Manager is prohibited from investing in or trading the shares of joint-stock companies engaged in prohibited purposes or activities.
Quoted from clause 1 (6)
The total value of the prohibited activity and prohibited element shall not exceed 33.3% of the company’s total assets, or the average market value over the last twelve months, whichever is greater.
Quoted from clause 1 (6)
The total amount borrowed with Riba shall not exceed 33.3% of the company’s total assets or the average market value over the last twelve months, whichever is greater.
Quoted from clause 1 (6)
The revenue generated from prohibited dealings shall not exceed 5% of the company’s total revenue, whether such revenue results from investments involving Riba, engaging in prohibited activities, ownership of prohibited assets, or otherwise.
Quoted from clause 1 (6)
the fund has been structured in accordance with the provisions and principles of the Islamic Sharia and will not invest in any manner that is not in accordance with the provisions and principles of the Islamic Sharia.
Quoted from clause 25
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- Source document
- Terms and conditions (PDF)In English
- Clauses read
- 63
- Limits proposed
- 11
- Prepared
- nothing has been shared with us
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