Islamic equity mutual fund

Compare Investment Accounts. On the day the distribution is declared, the amount of the distribution is deducted from fund assets and calculated as a per share amount to be passed through to shareholders. Screening and Filtering 3.

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Available at: Mutual fund investing involves risk; principal loss is possible. The prospectus contains more complete information, including risks, fees and expenses related to an ongoing investment in the Fund. Emirates NBD Islamic Global Balanced Fund The fund will seek over time to acquire a diversified portfolio of collective investment schemes and direct investments including but not limited to investments in Murabaha, Sukuk, real estate and equity. Further, references to any financial instrument or investment product are not intended to imply that an actual trading market exists for such instrument or product. All investments are screened to exclude companies that profit from interest, alcohol, tobacco, gambling, pornography, weapons, prisons, and other areas that cause societal or environmental harm. Investment options for the socially responsible. The concept requires considerable effort to implement, since much attention must be paid to compliance with a comprehensive set of rules and requirements guided by the Shariah principles. Solicitation: None of the information on this website in any way constitutes a solicitation, offer, opinion, or recommendation by Emirates Islamic to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services regarding the profitability or suitability of any security or investment. In less than 2 years, already five equity funds are in the market, based on the same basic model.

In a group of Methodist clergy in the USA discovered that their church regularly received letters from individuals asking how to invest in companies not manufacturing weaponry. Dow Jones believes that these stocks are accessible to investors and are well traded.

More and more Muslims now are looking outward, searching for investment opportunities beyond the boundaries of their home countries.

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In the absence of such waivers, total return would be reduced. Dreyfus third century fund was pioneering in this regard. For more information about the fund please visit fund website here Click here for more information about the fund Disclaimer: Foreign exchange risk also known as FX risk, exchange rate risk or currency risk is a financial risk that exists when a financial transaction is denominated in a currency other than that of the base currency of the investment. The obligations relating to a particular transaction and contractual relationship including, without limitation, the nature and extent of their exposure to risk should be known as well as any regulatory requirements and restrictions applicable thereto. Through the joint effort of the three institution, the first ever Islamic equity fund was launched in January Investment performance reflects fee waivers in effect. Investments in to any financial products are subject to Foreign Exchange Risk. In such a case, manager will only share in the profits generated. The Fund invests in foreign securities which involve greater volatility and political, economic, and currency risks and differences in accounting methods. Dow Jones believes that these stocks are accessible to investors and are well traded. Generally, Funds distribute capital gains, if any, annually.

Fund management may be based on Mudarabah, where the manager, either individual or institution, the Mudarib and the investors are rab-ul-mal providers of funds. Such compensation will not be known exactly at the time of contracting since it is based on end-of-the-term NAVbut only known in approximate amount, which reduces such gharar, though by no means eliminate it.

Pricing date represents the accounting liquidation of the Mudarabah. Past performance is not necessarily a guide to future performance. The money managers: Our portfolios and mutual funds are managed by an array of experienced portfolio management teams at institutional management companies that specialize in their asset classes.

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Please refer to the prospectus for further details. Available at: Mutual fund investing involves risk; principal loss is possible.

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Islamic Investment Funds