Al Baraka Bank Islamic Fund

Al Baraka Bank Islamic Fund is an open-ended equity fund that complies with the principles of Islamic Sharia. The fund aims to achieve long-term capital growth by investing in a diversified portfolio of financial assets that meet Sharia-compliant investment criteria, while seeking to generate returns that are appropriate relative to the level of risk. The fund is specialized in investing in Sharia-compliant Egyptian equities, and its investments are overseen by a Sharia Supervisory Committee that monitors compliance with the approved Islamic standards.

The fund’s investment policy is based on balancing growth opportunities with risk management through diversification across a range of companies and economic sectors. Investments in equities listed on the Egyptian Exchange may not exceed 95% of the fund’s total investments. The fund also maintains a minimum liquidity ratio of 5% of its net assets to meet redemption requests, while part of this liquidity may be invested in low-risk, highly liquid instruments, provided that such investments do not exceed 30% of net assets.

The fund’s investments are limited to companies and sectors that comply with Islamic Sharia principles, including telecommunications, industrials, food and beverages, housing, and various service-related activities. Activities that do not comply with the approved Sharia standards are excluded from the investment universe. In addition, investments in the securities of a single company may not exceed 15% of the fund’s net assets. Any new financial instruments or investment products must be reviewed and approved by the Sharia Supervisory Committee before the fund is permitted to invest in them.

Description as published on the distribution platform.