Al-Watani Sukuk Fund
Objective
Al-Watani Sukuk Fund is an open-ended public investment fund in the Sukuk/Bonds category. The fund aims to achieve growth and income by investing primarily in Sukuk. The fund may invest in money market transactions with a party regulated by the Saudi Central Bank “SAMA” or a regulatory body similar to SAMA outside the Kingdom and that are Shariah-compliant. The fund may also invest in money market funds and/or Sukuk funds and/or trade finance funds, Sukuk ETFs’, structured products, and financial derivatives, provided that all these assets comply with Shariah standards
Investment Limitations:
Asset Class
Min**
Max**
Sukuk
60%
100%
Sukuk ETFs’
0%
25%
Cash & Shariah Compliant money market instruments
0%
40%
Shariah Compliant money market public funds and/or sukuk public funds and/or trade finance public funds
0%
20%
Shariah Compliant structured products and debt asset backed securities
0%
10%
Shariah Compliant private funds with similar strategy to the Fund
0%
10%
Shariah Compliant derivatives & swaps & REPOs’ and reverse REPOs’
0%
15%
Fund Nav Disclosure:
VALUATION DATE
05/08/2025
NAV PER UNIT
12.9912
AUM
25,578,525.23
PERFORMANCE YTD %
1.7304%
PERFORMANCE SINCE INCEPTION %
29.9120%
