-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
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| 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
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| Establishment Date |
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| Base Currency |
Kuwaiti Dinar |
| Subscription / Redemption |
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| 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 |
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