Faisal Islamic Bank of Egypt Fund

Faisal Islamic Bank of Egypt Fund focuses primarily on investing in equities listed on the Egyptian Exchange, seeking to achieve the highest possible risk-adjusted returns while maintaining appropriate levels of diversification and liquidity management, with semi-annual profit distributions to unit holders.

All fund investments are subject to review and approval by the fund's dedicated Sharia Supervisory Board, ensuring full compliance with Islamic Sharia principles and guidelines.

The fund deploys its assets primarily into industrial, productive, and essential services companies listed on the Egyptian Exchange, with equities capped at 95% of total investments. A minimum of 5% of net assets is maintained in liquid form to meet redemption requests, with liquid instruments capped at 30% of total assets. The fund manager's stock selection process is grounded in fundamental analysis of sectors and the broader economy, supported by regular meetings with company management, analysis of government and economic sectors, and top-down macroeconomic assessment.

Redemption fees stand at 0.25% of the redemption value, credited to the bank's account, while no subscription fees or additional charges apply to the purchase of units.

The fund distributes semi-annual profits to investors every six months at the fund manager's discretion, based on the availability of distributable profits, provided that distributions do not exceed 90% of the fund's profits.

Description as published on the distribution platform.