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1st Qrt 2013 Report

-Almadina Fund is an open-ended equity fund which invests in the Shariah compliant un-listed companies in Kuwait and internationally as well as participating in the establishment of new companies that will operate on a Shariah compliant basis.

Structure

Open-ended investment fund

Objective
Investing in the Shariah compliant un-listed companies in Kuwait and internationally as well as participating in the establishment of new companies that will operate on a Shariah compliant basis
Establishment Date  
Base Currency Kuwaiti Dinar
Subscription / Redemption  
Fund’s Capital The capital of the fund is variable and its limit ranges between KD 5 million to KD 50 million
Investors Open for subscription to all investors
Fund Manager Al Madina For Finance & Investment Company
Fund Custodian Kuwait Clearing Company
Supervisory Authority Central Bank of Kuwait
Net Asset Value Net Asset Value is calculated on a monthly basis
Fund Term