Misr Takaful Money Market Fund - Sharia Compliant

Misr Takaful Money Market Fund (MTF) is one of the Islamic money market funds in Egypt, designed to generate a daily cumulative return while maintaining a low level of risk. The fund achieves this by investing in short-term debt instruments and money market instruments denominated in Egyptian pounds, within an investment framework that complies with Sharia principles and operates under the supervision of an independent Sharia supervisory board.

The fund is particularly suited for investors seeking a flexible alternative to traditional bank certificates of deposit, as it offers high liquidity and easy entry and exit, while providing a daily accumulating return without the need to lock funds for long periods.

The fund’s strategy focuses on allocating the majority of its assets to low-risk financial instruments such as short-term Treasury bills, bank deposits, and repurchase agreements (Repo), in addition to other Sharia-compliant money market instruments. This is supported by active liquidity management to meet daily redemption requests and maintain return stability.

Misr Takaful Fund represents an effective liquidity management tool with low risk, a direct alternative to short-term savings certificates, and a strong option for managing cash within an investment portfolio.

Description as published on the distribution platform.